Haynes and Boone's Newsroom
The year 2011 was a remarkable one in securities litigation, with notable decisions from the Supreme Court and a number of interesting rulings from Circuit and District Courts as well. The Supreme Court issued three decisions covering important merits-related and class certification-related issues in securities class actions, following two significant securities decisions in 2010. Three of these five decisions from the last two years could be characterized as "plaintiff-friendly" — from a Supreme Court generally considered to be "pro-business." Excerpted from Bloomberg BNA Securities Regulation & Law Report. To read the full article, please click on the PDF link below.