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Omissions Pleadings PSLRA

Burr & Forman

Sixth Circuit Narrows Collective-Knowledge For PSLRA Scienter

Burr & Forman on

The US Sixth Circuit last week narrowed its standard for adequately pleading scienter in PSLRA cases using a collective-knowledge theory to impute knowledge to a corporate defendant from among various employees. In Omnicare,...more

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