Jonathan Honig, a partner at Feder Kaszovitz, writes that two of the chief issues confronting plaintiffs in securities actions are showing a defendant's connection to an alleged fraud and showing that defendant's intent was to make a false statement. The group pleading doctrine, he says, gave a boost to plaintiffs by helping overcome the first hurdle.
Group Pleading Doctrine: A Phantom Limb
New York Law Journal
March 12, 2010
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