Corporate & Securities Law Community

Title	Views
1	Dodd-Frank Law Sets New Rules for Compensation Consultants, Counsel and Other Advisers	15556
2	This Week In Securities Litigation (Week ending August 24, 2012)	15299
3	How Far Can the Plaintiffs Really Go With the Cases Against U.S.-Listed Chinese Companies?	14217

Apple Faces New Water Damage Suit Weeks After $53M Deal

Apple was slapped in California federal court on Friday with a fresh class action suit accusing it of wrongfully refusing to provide warranty coverage for their devices less than six weeks after settling a virtually identical lawsuit for $53 million.

Published Fri, May 24 2013 6:46 PM by Law360: Commercial Contracts

Stone Temple Pilots Says Ex-Lead Singer Sabotaging Band

Rock band Stone Temple Pilots sued its former lead singer, Scott Weiland, in California state court Friday, saying he sabotaged an attempted 20th anniversary tour and used STP’s name and assets to launch a solo tour at the band’s expense.

Published Fri, May 24 2013 5:22 PM by Law360: Commercial Contracts

Conceptus Investor Can’t Block $1.2B Bayer Acquisition

A Delaware Chancery judge refused Friday to block Bayer AG’s imminent $1.2 billion acquisition of contraception maker Conceptus Inc., saying a putative shareholder class action alleging the deal undervalues Conceptus didn’t contain claims plausible enough

Published Fri, May 24 2013 5:08 PM by Law360: Securities

Blank Rome Hit With $25M Malpractice Suit Over Conflict

Blank Rome LLP was hit with a $25 million malpractice suit in New York state court Friday by a former client who claiming the firm represented her in divorce proceedings while simultaneously representing her husband's employer, Morgan Stanley, leading

Published Fri, May 24 2013 4:25 PM by Law360: Commercial Contracts

JPML Head Says New Mix Of Cases Makes Panel More Picky

The U.S. Judicial Panel on Multidistrict Litigation has rejected a higher percentage of centralization requests in recent years, a trend the head of the panel told Law360 was due in part to a rise in patent cases and other types of litigation he said

Published Fri, May 24 2013 4:21 PM by Law360: Securities

US-China Audit Truce Offers Weak Shield For Investors

A Friday agreement allowing U.S. regulators to seek documents from Chinese accounting firms targeted for enforcement actions marked an improvement in relations between the two countries, but analysts say investors will remain vulnerable to fraud until

Published Fri, May 24 2013 4:18 PM by Law360: Securities

Spain's Bankia Nets $883M In Sale Of Florida Bank

Bankia SA, the Spanish lender nationalized last May, said Friday it had sold a small Florida bank to Chilean bank BCI for $883 million, the latest sign of a shifting balance of power between European and Latin American lenders.

Published Fri, May 24 2013 3:48 PM by Law360: Mergers & Acquisitions

Spotlight On REIT Brokers Will Spur More Suits, Fines

More states are likely to follow suit after Massachusetts fined several of the largest independent brokerage firms Wednesday over the improper sale of real estate investment trust shares, experts say, citing concerns about the growing popularity of the

Published Fri, May 24 2013 3:32 PM by Law360: Securities

1st Circ. Revives CVS Shareholder Fraud Class Action

The First Circuit on Friday revived a CVS Caremark Corp. shareholder class action accusing the company and three former top executives of falsely touting that CVS and Caremark were successfully integrated when, in fact, the integration was going poorly

Published Fri, May 24 2013 3:28 PM by Law360: Securities

Fiduciary Duty To IPO Clients Hangs By Thread In NY Appeal

In taking claims that Goldman Sachs Group Inc. fleeced a now-defunct toy maker by undervaluing its $178 million initial public offering, legal experts say New York's top court has the chance to put to rest doubts over the notion that bankers owe a fiduciary

Published Fri, May 24 2013 3:25 PM by Law360: Securities

Drugmaker Loses Suit Alleging Arbitration Service Is Biased

A California judge on Friday tossed a lawsuit asking her to find that the American Arbitration Association is biased against an attorney for drugmaker PeriCor Therapeutics Inc., saying judicial review would be premature before an AAA panel issues an award

Published Fri, May 24 2013 3:15 PM by Law360: Commercial Contracts

US Bank Sued Over Robosigning, Mismanaged RMBS Trusts

Banks and asset managers in Missouri, Arkansas and South Carolina have sued U.S. Bank NA for allegedly mismanaging 28 residential mortgage-backed securities trusts by ignoring robosigning practices that ultimately derailed their investments, according

Published Fri, May 24 2013 3:05 PM by Law360: Securities

Greenberg Traurig Settles Atty's $200M Gender Bias Action

Greenberg Traurig LLP has settled a proposed $200 million employee gender bias class action alleging the firm discriminated against its female shareholders, according to joint motions to dismiss filed by the parties in New York and Pennsylvania federal

Published Fri, May 24 2013 2:55 PM by Law360: Commercial Contracts

Oppenheimer Suit Against Trans Energy Gets Judge's OK

A federal judge on Friday greenlighted a contract suit that investment firm Oppenheimer & Co. brought against natural gas producer Trans Energy Inc. over fees on a $50 million loan, denying Trans Energy’s request to throw the case out.

Published Fri, May 24 2013 2:49 PM by Law360: Commercial Contracts

High Court's Morrison Ruling Keeps Attys Guessing

Nearly three years later, the U.S. Supreme Court's landmark decision in Morrison v. National Australia Bank Ltd. is still sending tremors through the securities bar and sowing confusion among lower courts on the reach of a key fraud law, attorneys say

Published Fri, May 24 2013 2:48 PM by Law360: Securities