Assignment
Case: THE FACEBOOK, INC. v. CONNECTU: Order Granting Plaintiffs' Confidential Motion to Enforce the Settlement Agreement, No. C 07-01389 JW (N.D. Cal. June 25, 2008)
CASE QUESTIONS
1. Congress passed the PSLRA in 1995, which radically curtailed private investors' legal recourse for false statements made in connection with the purchase and sale of publicly traded securities-what are the collateral effects of this law?
2. The Supreme Court's standard makes it harder for plaintiffs to survive calls to dismiss their claims-how can plaintiffs plead a more compelling theory?
3. How should defendants adjust their business practices based on this decision?