Securities Fraud Actions Just Got Harder In 9th Circ.

Law360, New York (December 23, 2014, 11:11 AM EST) -- On Dec. 16, 2014, the U.S. Court of Appeals for the Ninth Circuit issued its decision in Oregon Public Employees Retirement Fund v. Apollo Group Inc., No. 12-16624, __F.3d __ (9th Cir. Dec. 16, 2014), holding for the first time that the heightened pleading standards of Federal Rule of Civil Procedure 9(b) apply to all elements of a securities fraud action, including loss causation. The court's decision will likely make it more difficult for actions alleging securities fraud to survive the motion to dismiss stage within the Ninth Circuit....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!