Tellabs, Inc. v. Makor Issues & Rights, Ltd.

Here, the United States Supreme Court announced a new uniform standard for evaluating the sufficiency of a complaint under the PSLRA. The court held that on a motion to dismiss, a court “must consider the complaint in its entirety,” accepting “all factual allegations in the complaint as true,” as well as “tak[ing] into account plausible opposing inferences.” On remand, the Seventh Circuit, applying this new uniform standard, unanimously sustained the complaint as sufficiently pled.