Firm News

Partner David Kistenbroker Quoted on Supreme Court’s Tellabs Ruling in Wall Street Journal Law Blog and Securities Law360

June 21, 2007

The Wall Street Journal Law Blog and Securities Law360, quoted David Kistenbroker, co-chair of the Firm’s National Securities Litigation Practice, in articles about the Supreme Court’s recent ruling in the Tellabs securities fraud case. In the articles, Mr. Kistenbroker notes that, "this is not a landmark shift in the law. It really only serves to more clearly articulate the law as put on the books by Congress. This doesn’t preclude access to the courts by shareholders, but does more clearly explain their responsibilities and standards that they must meet in order to bring suit" ("Tellabs: Securities Lawyers React," Wall Street Journal Law Blog, June 21, 2007 and "Supreme Court Heightens Pleading Standard," Securities Law360, June 21, 2007).