Request for Comment on Statement by Commissioner Hester M. Peirce
SIFMA and SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) in response to the recent Statement…
Court:
Colorado Supreme Court
Amicus Issue:
Whether C.R.C.P. 11 (which is identical to Fed.R.Civ.P. 11), which imposes a non-delegable duty to conduct an objectively reasonable inquiry, is satisfied when an attorney “borrows plausibility” from a complaint in another lawsuit and thus, whether plaintiffs’ attorneys may copy, verbatim, allegations from complaints filed in other jurisdictions without independently verifying them.
Counsel of Record:
Womble Bond Dickinson US LLP
Kendra N. Beckwith
Kenneth F. Rossman
Other Amici:
None.
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