Publications Jan 24, 2018 Supreme Court: Grants Certiorari to Determine Whether SEC Administrative Law Judges Are “Officers of the United States” Within the Meaning of the Appointments Clause Jan 24, 2018 Second Circuit: (1) Defendants Do Not Have to Conclusively Prove a Complete Absence of Price Impact to Rebut the Basic Presumption, and (2) Courts Must Consider Price Impact Evidence at the Class Certification Stage Jan 24, 2018 Sixth Circuit: Allegations in a Third-Party Complaint, Coupled with an Admission of One of Those Allegations, May Constitute Corrective Disclosures for Loss Causation Purposes Jan 24, 2018 Central District of California: Allegations That a Company Revised a Statement of Opinion, Standing Alone, Are Insufficient to Plead a Securities Fraud Claim Jan 24, 2018 Delaware Supreme Court: Chancery Court Abused Its Discretion in Placing No Weight on the Deal Price in a Transaction Resulting From a Robust Sales Process Jan 24, 2018 Delaware Supreme Court: Reaffirms the High Standard for Pleading Demand Futility Based on an Alleged Caremark Violation