Court:
U.S. Supreme Court

Amicus Issue:
Whether plaintiffs seeking to allege scienter under the Prviate Securities Litigation Reform Act based on allegations about internal company documents must plead with particularity the contents of those documents. Whether plaintiffs can satisfy the Act’s falsity requirement by relying on an expert opinion to substitute for particularized allegations of fact.

Counsel of Record:
Orrick Herrington & Sutcliffe LLP

Daniel A. Rubens
Jodie C. Liu
James N. Kramer

Other Amici:
Washington Legal Foundation
U.S. Chamber of Commerce
Nat’l Assoc. of Manufacturers
Nat’l Retail Federation