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Two Dismissals of Fraud Complaints Highlight Difficulty of Pleading Scienter
In Luminent Mortgage Capital Inc. v. Merrill Lynch & Co. Inc. and In re Nutrisystem Inc. Securities Litigation, two district courts recently applied the 3rd U.S. Circuit Court of Appeals' decision in Institutional Investors Group v. Avaya Inc. to dismiss securities fraud complaints.King & Spalding Adds Singapore Partner
Kelly Malone is joining the Atlanta-based firm form the Singapore office of Norwegian firm Wikborg Rein.E-Mails on Govt. Computers Not Necessarily Public Records
E-mails are not public records under the state's Right-to-Know Law simply because they were sent or received through a government agency's e-mail address or because they are housed on a government computer, a divided Commonwealth Court ruled in an apparent case of first impression.Ladov Wins Closest Vice Chancellor Race Since 2000
With 52 percent of the vote, plaintiffs' attorney Sayde Ladov eked out a victory against commercial litigator Alec Kerr for vice chancellorship of the Philadelphia Bar Association. Ladov will become chancellor in 2009.Dechert's European Offices Help Boost Strong Financials, Despite 'Difficult Year' for Industry
Dechert's strongest year ever in its international offices and the right mix of practice areas helped garner a 14.7 percent increase in gross revenue for 2007 -- a year that firm Chairman Barton J. Winokur said was "difficult" overall for a "fiercely competitive" industry dealing with the largest cost increases he has ever seen -- due partly to salary and bonus increases. Dechert's strategy for growth has differed from many of the large firms that have been focused on mergers over the past few years.Delivering Value by Knowing the Model 'Rules' of Social Media
The use of social media has exploded over the last several years. If Facebook were a country, its 500 million users would form the third largest country in the world, behind only China and India. The numbers are staggering, especially given that Facebook has only been around since 2004.Law schools, public interest agencies deal with consequences of deferrals
The cocktail of choice these days for many large law firms seems to be one part layoffs, one part summer program curtailment and one part deferral of start dates -- sometimes with a twist of salary cuts. Amy Montemarano, assistant dean of career and professional development at Drexel University's Earle Mack School of Law, says students are taking the deferrals in stride. Meanwhile, it may be the law school graduates who chose the public interest sector over law firm life who may be feeling the most threatened.Teleradiology offers risks and benefits
While radiologists are beginning to enjoy the benefits of teleradiology on multiple fronts-professionally, personally and financially-accreditation agencies and government regulators are increasingly scrutinizing the practice to ensure that quality has not suffered. Providers must guard against risks associated with using a new modality of care.Trending Stories
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