Tag: Experts

Will “expert” allegations become the next big thing in securities litigation? | Reuters

Over 25 years ago, Congress enacted heightened pleading standards for securities fraud claims to deter strike suits. A recent opinion from a divided 9th U.S. Circuit Court of Appeals panel held that plaintiffs satisfied those standards by relying on a retained expert who provided a post-hoc review of allegedly misleading statements. The decision, E. Ohman J:Or Fonder AB v. NVIDIA…

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