High Court Allows Solicitor General To Participate In Scienter Pleading Arguments

( November 18, 2024, 11:48 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court granted a motion by the United States for leave to participate in oral argument and for divided argument in an appeal over the pleading requirements for alleging scienter under the Private Securities Litigation Reform Act of 1995 (PSLRA) based on allegations related to internal company documents and the PSLRA falsity requirement....