We are pleased to present Inside the Courts (Volume 3, Issue 4), Skadden's securities litigation newsletter. This issue includes summaries and copies of selected noteworthy cases — principally decided from July to September 2011 — addressing the timely topics of, among others, directors and directors’ duties, foreign corporations, insider trading, M&A deal-driven litigation, and Securities Exchange Act pleading standards from federal courts in the First, Second, Third, Sixth, Eighth, Ninth, Tenth, Eleventh and District of Columbia Circuits, as well as from the Delaware Supreme Court and Delaware Court of Chancery. We hope you find this newsletter informative and timely. As always, we welcome feedback and suggestions so we can further enhance its utility.