Commercial Litigation and Arbitration

December 8, 2008

From In re Initial Public Offering Secs. Litig., 544 F.Supp.2d 277 (S.D.N.Y. 2008): Defendants argue that plaintiffs should be bound by their earlier pleadings. However, statements in superseded pleadings are not conclusive admissions (though they are still admissions for evidentiary purposes). See United States v. McKeon, 738 F. ...
From In re Initial Public Offering Secs. Litig., 544 F.Supp.2d 277 (S.D.N.Y. 2008): Defendants argue that plaintiffs should be bound by their earlier pleadings. However, statements in superseded pleadings are not conclusive admissions (though they are still admissions for evidentiary…

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