Litigation Pleadings Rebuttal 
The 10b-5 Daily
APRIL 15, 2025
An ongoing issue in securities litigation is to what extent a short seller’s report can act as a corrective disclosure for purposes of establishing loss causation. The company responded to the report with a short press release deriding the report’s inaccuracies and then later issued a longer rebuttal. In Defeo v.
E-Discovery LLC
MARCH 3, 2025
At its most general level, the holding was that a litigant may not invoke the courts to assert their legal rights, then engage in extralegal conduct. In the Courts words, the sanction alleviated prejudice to the employer and signals to Campbell and other litigants that one must deal honestly before the courts. 25, 2025)(Bredar, J.),
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