I’d like to update D&O Discourse readers on our companion blog, D&O Developments, launched last spring. As a reminder, D&O Developments primarily reports and digests published appellate decisions in Private Securities Litigation Reform Act cases. D&O Developments complements D&O Discourse, which provides monthly in-depth opinion on key issues of law and practice in the world of securities and corporate governance litigation.
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In a matter of first impression in the Ninth Circuit, the court applied the Supreme Court’s Omnicare standard for pleading the falsity of a statement of opinion in City of Dearborn Heights Act 345 Police & Fire Retirement System v. Align Technology, Inc., — F.3d —, 2017 WL 1753276 (9th Cir. May 5, 2017).