Website Heading

CALIFORNIA CORPORATE & SECURITIES LAW

Section 10(b) Claim Receives a Do-Wacko-Do

So many Section 10(b) claims involve claims of misrepresentation that it easy to forget that the rule also makes it unlawful to use manipulative devices in connection with the purchase or sale of securities. ¬†However, a recent ruling by Judge Margaret M. Morrow¬†considered whether a plaintiff had adequately pled a claim of manipulative conduct in…

Share on: