ARTICLE
11 August 2026

Skadden Discusses Second Circuit Decision Expanding Loss Causation Pleading Requirements

SA
Skadden Arps Slate Meagher & Flom

Contributor

The traits that fueled Skadden’s rise from a New York startup to a global powerhouse — innovative, collaborative, client-centric — continue to define our firm culture. We remain focused on developing extraordinary attorneys who work together as a team to deliver the highest quality advice and best outcomes for clients.

The Second Circuit affirmed dismissal of a securities fraud complaint, expanding loss causation pleading requirements when no immediate price decline follows corrective disclosure. Skadden attorneys Michael W. Restey Jr. and Nikita Ganesh discuss how the ruling represents a significant expansion of a lead plaintiff's burden in pleading loss causation and a court's role in evaluating such pleading
United States Corporate/Commercial Law
Michael Restey’s articles from Skadden Arps Slate Meagher & Flom are most popular:
  • within Corporate/Commercial Law topic(s)
Skadden Arps Slate Meagher & Flom are most popular:
  • within Privacy, International Law and Consumer Protection topic(s)

The Second Circuit affirmed dismissal of a securities fraud complaint, expanding loss causation pleading requirements when no immediate price decline follows corrective disclosure. Skadden attorneys Michael W. Restey Jr. and Nikita Ganesh discuss how the ruling represents a significant expansion of a lead plaintiff's burden in pleading loss causation and a court's role in evaluating such pleading.

To view the full article please click here.

Originally published in The CLS Blue Sky Blog

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More