Last year, the U.S. Supreme Court dismissed the NVIDIA appeal as improvidently granted. The case presented the issue of whether expert reports can be used to satisfy the heightened pleading standards of the Private Securities Litigation Reform Act of 1995 (PSLRA). How have lower courts addressed the use of expert reports in securities fraud complaints in the aftermath of the Court’s decision?
The author of The 10b-5 Daily (Lyle Roberts) has co-authored a Law360 article on the topic. The article can be found here.
The 10b-5 Daily 