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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Federal District Court Explains PSLRA Requirements For Lead Plaintiff and Counsel
This is an excellent review of how the District Court will analyze the requirements of the PSLRA in selecting the lead plaintiff and lead counsel in a securities litigation. Briefly, the plaintiff with the most at stake should take the lead with its chosen counsel so long as it is qualified by past experience to do so. That such a plaintiff may have acted in 5 or more other securities cases is not disqualifying.