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Upholding Pleading Standards In A Down Economy

Law360 (February 2, 2009, 12:00 AM EST) -- The subprime mortgage crisis has wreaked havoc. Massive write-offs dominate the news; some firms have filed for bankruptcy protection; others have been merged in shotgun weddings. And, predictably, the securities class action plaintiffs bar has sued virtually every financial firm on Wall Street as well as other public companies collaterally related to the financial meltdown....

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