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Rule 10b-5 Control Person

Blank Rome LLP

Control Person Liability – Is Pleading and Proof of “Culpable Participation” Required and What Does That Requirement Mean

Blank Rome LLP on

Virtually every complaint alleging a violation of the federal securities laws includes, near the end of the pleading, one or more counts alleging “control person” liability. Those counts are typically directed against the...more

A&O Shearman

Northern District Of California Partially Dismisses Securities Claims For Failure To Sufficiently Allege Misstatements And Control...

A&O Shearman on

On June 28, 2017, Judge Charles R. Breyer of the United States District Court for the Northern District of California ruled, among other things, that allegations of knowledge of “defeat devices” did not equate to knowledge of...more

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