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OK if detailed & assessable: Allegations based on...

406:false:false:false:false:false:false:false:false:false:!:false:-1:-1

Rule: a rule of law

Allegations based on unnamed sources of information may support a strong inference of scienter under the Private Securities Litigation Reform Act of 1995 where the allegations are detailed and contain information about the sources that lend credence to their statements.

Contributed in 2008 by David Gold

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Rule: a rule of law

To satisfy the scienter element in a claim brought under Rule 10b-5, the plaintiff must show that the speaker acted with intent or a high degree of...

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The bespeaks caution doctrine does not protect a defendant who warned of a risk of an event that the defendant knew would occur.

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Pursuant to the Private Securities Litigation Reform Act, a plaintiff in a private civil action claiming a Rule 10b-5 violation can withstand a...

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