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2 High Court Securities Cases Could Clarify Pleading Rules

By Michael Charlson, Marisa Antonelli and Meghan Natenson ( October 3, 2024, 3:42 PM EDT) -- In granting certiorari in Facebook Inc. v. Amalgamated Bank and Nvidia Corp. v. E. Ohman J:or Fonder AB, the U.S. Supreme Court signaled its intention to provide further guidance concerning application of the heightened standard for pleading private securities fraud claims mandated by the Private Securities Litigation Reform Act.[1]...

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