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Securities

Jul. 7, 1999

Securities Fraud Plaintiffs Face Tough Standard

SAN FRANCISCO - The watershed federal appellate ruling Friday that raised the pleading standards for plaintiffs in securities fraud cases higher than any other circuit court in the country is almost certain to result in U.S. Supreme Court review to resolve conflicting circuit opinions, attorneys said.

By Pamela A. MacLean
and Craig Anderson
Daily Journal Staff Writers
        SAN FRANCISCO - The watershed federal appellate ruling Friday that raised the pleading standards for plaintiffs in securities fraud cases higher than any other circuit court in the country is almost certain to result in U.S. Supreme Court review to resol...

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