In this last article in his three-part series, my partner and securities litigator Walker Newell looked at motion to dismiss trends in the Central District of California, which covers Los Angeles and Orange County. The CD Cal, SDNY, and ND Cal together handle half of all securities class actions nationwide. Our close look at outcomes in securities class actions gives our readers a granular understanding of why these high-stakes cases succeed and fail—and why, in the face of unpredictable outcomes, a strong D&O insurance program is so important.
Source: Securities Motion to Dismiss Trends (Part 3): The Central District of California