Sarah S. Gold, a partner at Proskauer Rose, and Richard L. Spinogatti, a senior counsel at the firm, review the recent decision in Staehr v. Hartford Financial Services Group Inc., where the Second Circuit held that both the specificity and accessibility of public information about allegedly fraudulent conduct must be evaluated along a "sliding scale" to determine whether it will trigger a duty to inquire and the two year statute of limitations for a securities fraud claim.
Corporate and Securities Litigation
New York Law Journal
December 10, 2008
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