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Tellabs Inc. v. Makor Issues & Rights, 551 U.S. 308 (2007), was a United States Supreme Court case in which the Court ruled on the interpretation of the Private Securities Litigation Reform Act of 1995's requirement of scienter in a civil action in apply to Tellabs and Makor Issues & Rights. [1]
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Tellabs, Inc. is a global network technology company that provides networking and communications solutions to both private and governmental agencies. [2] The company offers a range of products and services, including optical transport systems, access systems, managed access solutions, and network management software.
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Michael J. Birck (January 25, 1938 – July 6, 2015) was a co-founder and chairman of Tellabs Inc. He began his career at Bell Telephone Laboratories, and helped found Tellabs in 1975. He served as the CEO of the company from 2002 to 2004.
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The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
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