Spindle Securities Blog

Twombly/Iqbal Update

by David Gold

Just a follow-up up on my post last night about pleading plausibility (as discussed there, it’s not specifically a securities law issue and is probably less relevant to securities fraud complaints than it is to complaints in most other civil actions in federal court):  Three House Democrats plan to introduce a bill next week that would undo the new standard, says WSJ Law Blog.

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