Construction Laborers Pension Trust of Greater St. Louis v. Funko

Court:
U.S. Court of Appeals
(Ninth Circuit)

(pet. for rehearing en banc)

Amicus Issue:
Whether disclosures about potential risks are misleading if those risks have already materialized. Whether the “core operations doctrine” – under which a court may infer that facts critical to a business’s core operations are known to a company’s key officers – can satisfy the PSLRA’s requirement to plead scienter with particularity.

Counsel of Record:
Walden Macht Haran & Williams LLP

Sean Haran
Barry Rashkover
Alexander Kahn

Other Amici:
None.