Count Carton is back, this time with a recently published article by Michael Tu of the Orrick law firm, who successfully tried the Thane International securities litigation to a defense verdict last month. 

The article, which appears in the July 2005 Securities Reform Act Litigation Reporter, provides a detailed analysis of the securities class actions that have made it to trial since the enactment of the PSLRA.  Happily, his findings appear to track closely with the collective knowledge on this topic of the readers of SLW, which most recently was collected and posted here (and I particularly like his footnote 1).

A copy of the article is available here.