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Securities

Aug. 3, 2005

'Daou II' Reshapes Circuit's Securities Litigation Picture

Focus Column - Securities Law - By William F. Sullivan, Jay C. Gandhi and Edward Han - On Feb. 2, the 9th U.S. Circuit Court of Appeals issued its original opinion in In re Daou Systems Inc. Securities Litigation , 397 F.3d 704 (9th Cir. Feb. 2, 2005) (" Daou I "). One intervening Supreme Court decision and four months later, the 9th Circuit on June 21 issued an "amended" opinion in Daou Systems Inc. Securities Litigation , 2005 DJDAR 7350 (9th Cir. June 21, 2005).

        
        
Focus Column

Securities Law

By William F. Sullivan, Jay C....

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