Defendant Urges High Court To Grant Review Of Loss Causation Pleading Standard

(August 14, 2015, 1:00 PM EDT) -- Case: Daniel J. Taylor v. Patipan Nakkhumpun, No. 15-140, U.S. Sup.

Petition for writ of certiorari: Filed July 28 by Daniel J. Taylor. 2015 U.S. S. Ct. Briefs LEXIS 2582. Petition available. Document #57-150817-502B.

Background: Lead plaintiff Patipan Nakkhumpun filed an amended complaint in the U.S. District Court for the District of Colorado on behalf of all purchasers of Delta Petroleum Corp. common stock from March 11, 2010, to Nov. 9, 2011.

Nakkhumpun alleged that Delta Petroleum Corp., Chairman Daniel J. Taylor, CEO Carl E. Lakey,...
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