Litigation

Recent Posts

Why Ambac's Subprime Securities Suit Settlement Is Noteworthy
Posted on 17 Dec 2010 by Kevin M. LaCroix

In its December 15, 2010 filing of Form 8-K ( here ), Ambac Financial Group announced that it had entered a memorandum of understanding to settle the subprime-related securities class action lawsuits pending against the company and certain of its directors... Read More

Schwab Withdraws From Subprime Securities Suit Settlement
Posted on 12 Nov 2010 by Kevin M. LaCroix

There is a reason that when class action settlements are announced, they are described as preliminary and subject to final approval - sometimes the settlements fall apart before the case is finally put to rest. That appears be what has happened with the... Read More

NERA Releases Year-End 2010 Securities Class Action Litigation Study
Posted on 17 Dec 2010 by Kevin M. LaCroix

On December 14, 2010, NERA Economic Consulting released its annual year-end study of securities class action lawsuit filings and settlements. The report, entitled "Trends 2010 Year-End Update," can be found here . Among other things, the NERA... Read More

  • Blog Post: Schwab Withdraws From Subprime Securities Suit Settlement

    There is a reason that when class action settlements are announced, they are described as preliminary and subject to final approval - sometimes the settlements fall apart before the case is finally put to rest. That appears be what has happened with the Schwab YieldPlus subprime-related securities class...
  • Blog Post: Why Ambac's Subprime Securities Suit Settlement Is Noteworthy

    In its December 15, 2010 filing of Form 8-K ( here ), Ambac Financial Group announced that it had entered a memorandum of understanding to settle the subprime-related securities class action lawsuits pending against the company and certain of its directors and officers for a payment of $27.1 million...
  • Blog Post: NERA Releases Year-End 2010 Securities Class Action Litigation Study

    On December 14, 2010, NERA Economic Consulting released its annual year-end study of securities class action lawsuit filings and settlements. The report, entitled "Trends 2010 Year-End Update," can be found here . Among other things, the NERA study reports that class action filings "picked...