Penelope M. Taylor

McCarter & English, LLP

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Recently by Penelope M. Taylor

Third Circuit Flatly Rejects The "Fraud-Created-The-Market"Theory In Securities Fraud Cases

On August 16, 2010, a unanimous three-judge panel of the United States Court of Appeals for the Third Circuit, in Malack v. BDO Seidman, LLP , No. 09-4475, 2010 US App Lexis 17090 (3d Cir. Aug. 16, 2010) (precedential), rejected the "fraud-created-the-market" theory in securities fraud cases. The...

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