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This Week in Securities Litigation (April 16, 2010)

On Capital Hill, the debate continues regarding financial reform, as CFTC Chairman Gary Gensler continued to champion new regulation for OTC derivatives. The SEC brought another case in its on-going investigation regarding kickbacks relating to the New York state pension fund and another investment...

NY AG Charges Bank of New York Mellon with Securities Fraud

The New York Attorney General added Martin Act securities fraud claims and other charges to a whistleblower complaint in taking over a suit against Bank of New York Mellon. The complaint centers on claims that the bank made almost $2 billion in revenues by misrepresenting the interbank rates it obtained...

Update: Life Sciences Companies and Securities Litigation

The number of securities class action lawsuits filed against life sciences companies rose in both absolute and relative terms in 2012, according to a March 20, 2013 memorandum by David Kotler of the Dechert law form entitled "Survey of Securities Fraud Class Actions Brought Against U.S. Life...