article thumbnail

Joining The Club

The 10b-5 Daily

The district court dismissed the claims based on the plaintiffs’ failure to adequately plead falsity. “Sounds in fraud” – Section 11 and 12(a)(2) claims do not have fraud as an element, so generally they are not subject to the heightened pleading standard of Federal Rule of Civil Procedure 9(b). .

Pleadings 187
article thumbnail

Looks Prehistoric

The 10b-5 Daily

An ongoing issue in securities litigation is to what extent a short seller’s report can act as a corrective disclosure for purposes of establishing loss causation. Court of Appeals for the Fourth Circuit had the opportunity to address that issue for the first time last week. In Defeo v. 2025 WL 1035292 (4th Cir.

Rebuttal 182
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

THE CURRENT IMPORTANCE OF PLEADINGS 10: THE DUTIES ON A PARTY PLEADING ALLEGATIONS OF FRAUD OR DECEIT

Civil Litigation Brief

Allegations of fraud have to be pleaded with care. Those pleading such assertions must have “reasonably credible material” to support them. Here we look at a case where allegations of deceit were made. The judge found that the allegations had.

article thumbnail

LITIGATION “WHACK-A-MOLE” – THE MOVING TARGET AND POOR PLEADINGS – IN A CASE ABOUT ALLEGEDLY POOR PLEADINGS

Civil Litigation Brief

This was a case alleging that the defendant barrister had pleaded a case badly. We are looking again at the judgment of Mr Justice Saini inIsrael Russell v Barry Coulter[2025] EWHC 493 (KB). The claim was rejected. However it is.

article thumbnail

THE CURRENT IMPORTANCE OF PLEADINGS 15: THE CLAIMANT HAD NOT PLEADED AN ISSUE SHE WANTED TO RELY ON AT TRIAL: THE ISSUE WAS “NOT PURSUED”

Civil Litigation Brief

Here we look at an example of a claimant wishing to pursue a specific line of argument but having to accept that it was not pleaded and that. This series is giving rise to more cases than I initially thought.

article thumbnail

Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

As business clients deploy new technology to manage litigation, contracts and communications, they will prefer working with equally tech-focused outside counsel. Document automation software provides a centralized process of producing agreements, motions, pleading, contracts and other legal documents.

article thumbnail

Golden Oldie #4 – What Does it Mean to Limit Discovery to the “Claims and Defenses” Instead of the “Subject Matter” Involved in the Action?

E-Discovery LLC

Further, it seems clear that the most valuable reference to use in implementing the new change in the scope of discovery is the pleadings that have been filed, as that is where the claims and defenses are stated. However, the pleadings are only the starting place. Emphasis added]. citation omitted].

Discovery 130