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Does Jander Signal the Liberalization of Pleading Standards in Stock-Drop Cases? Signs Point to No
Littler July 26, 2019
"[If] it is upheld, Jander would establish an 'inevitable disclosure' road map by which plaintiffs could allege a duty of prudence claim.... in its first opportunity to evaluate the sufficiency of duty of prudence claims after Jander, the court found a complaint for which there was no 'inevitable disclosure' to be deficient." [O'Day v. Chatila, No. 18-2621 (2d Cir. Jun. 7, 2019)]
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