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Published on: 6/9/2009
Last Visited: 6/11/2009
As the second anniversary of the Supreme Court decision in Tellabs Inc. v. Makor Issues & Rights Ltd. approaches, a critical mass of circuit court decisions has begun to suggest some trends in how Tellabs has affected plaintiffs' reliance on pleading scienter based on "core operations," say Karen Pieslak Pohlmann and A. Lauren Carpenter of Morgan Lewis & Bockius LLP.
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As the second anniversary of the Supreme Court decision in Tellabs Inc. v. Makor Issues & Rights Ltd. approaches, a critical mass of circuit court decisions has begun to suggest some trends in how Tellabs has affected plaintiffs' reliance on pleading scienter based on "core operations," say Karen Pieslak Pohlmann and A. Lauren Carpenter of Morgan Lewis & Bockius LLP.
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