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Securities Law Commons

Open Access. Powered by Scholars. Published by Universities.®

2016

PSLRA

St. John's University School of Law

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Full-Text Articles in Securities Law

Out On A Limb: Support For A Limited Version Of Collective Scienter, Matt Mccabe Apr 2016

Out On A Limb: Support For A Limited Version Of Collective Scienter, Matt Mccabe

St. John's Law Review

(Excerpt)

This Note argues that the correct approach to imputing scienter to a corporation by means of the collective scienter theory is through the absurdity analysis taken by the United States Court of Appeals for the Seventh Circuit.