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Section 11 Twombly/Iqbal Pleading Standard Securities Fraud

Akerman LLP

Ninth Circuit Effectively Does Away with Securities Claims for Aftermarket Purchasers

Akerman LLP on

Last week, the Ninth Circuit Court of Appeals affirmed the dismissal of a lawsuit filed pursuant to Section 11 of the Securities Act of 1933 (the "1933 Act"). Section 11 provides for claims involving false or misleading...more

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