The U.S. Court of Appeals for the Ninth Circuit ruled last week that the securities-law requirement to plead a “strong inference” of scienter does not apply to claims under § 14(e) of the Securities ...

While securities class action filings are on the rise within the First Circuit, the District of Massachusetts continues to apply a high degree of scrutiny to securities fraud allegations, including ...

In 2007, the Supreme Court defined a strong inference of scienter as more than merely plausible or reasonable—it must be cogent and at least as compelling as any opposing inference of non-fraudulent ...