6th Circ. Corporate Scienter Test Leaves Cos. Vulnerable

By Ed Beeson (October 15, 2014, 8:22 PM EDT) -- The Sixth Circuit recently tried to strike a middle ground between divergent opinions around the pleading standards for corporate scienter, but defense attorneys say the test it adopted leaves companies wide open to claims they knew about wrongdoing simply because someone along the chain of command did....

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