U.S. High Court: PSLRA Particularity Standards Appeal Was Improvidently Granted

( December 11, 2024, 11:32 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Dec. 11 dismissed as improvidently granted a petition regarding 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....