Plaintiffs seeking to certify a class of investors in a Rule 10b-5 action must establish loss causation by a preponderance of the evidence in order to be entitled to the fraud-on-the market presumption of reliance.

Contributed in January 2011 & last edited in June 2011 by David Gold
You've come to a rule . Check out the authorities below. When you find one you like, add it to your SpinDoc. more...
Please sign in or sign up to see the authorities.
Contribution Suggestions
vouch for authority for rule...
The Private Securities Litigation Reform Act of 1995 requires plaintiffs pleading a Rule 10b-5 violation to allege, as to each allegation that is...
vouch for authority for rule...
U.S. Courts of Appeal have subject matter jurisdiction to review orders of the SEC, pursuant to Section 25 of the Securities Exchange Act of 1934,...
complete authority for rule...
Timing of insider trading is a factor in determining whether the trading was unusual or suspicious such as to support a strong inference of...