Daily Archives: October 9, 2017, 12:02 pm

Addressing the Use of Confidential Witnesses in Securities Litigation | The D&O Diary

As a result of the PSLRA’s heightened pleading standard and pre-dismissal motion discovery bar, as well as the requirements of cases such as Tellabs, plaintiffs in liability suits under the federal securities laws frequently rely on confidential witnesses. This practice has led to  the “confidential witness problem” in securities litigation. In a September 25, 2017 post on The CLS Blue…

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