That said, the SDNY position seems insane. I’m invested in a dozen funds and a hedge fund, and have no idea what their long/short positions are.
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Well, Plaintiffs' counsel has basically one job with the lead plaintiff: accurately detail under oath the lead plaintiff's investments in the company. That said, the point of that is to determine its actionable losses. I doubt that short gains from a fund are covered by the PSLRA
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