Recent Posts

Chinese Company Alleges Lawsuit Against It Is Scheme By Short Sellers To Manipulate Share Price
Posted on 4 May 2011 by Kevin M. LaCroix

The wave of new securities class action lawsuits involving accounting scandals at U.S-listed Chinese firms is already a well-established phenomenon . But in the latest twist on the tale, Deer Consumer Products , one of the U.S.-listed Chinese companies... Read More

Kevin M. LaCroix Takes Closer Look At Life Sciences Companies And Securities Litigation
Posted on 14 Apr 2011 by Kevin M. LaCroix

In my year-end securities litigation survey , I noted that while a number of new trends emerged during 2010, one securities lawsuit filing trend had remained constant during the year - that is, life sciences companies remained a favored securities class... Read More

2 Subprime Suit Dismissal Motion Rulings
Posted on 15 Jun 2010 by Kevin M. LaCroix

In two separate decisions, two courts issued opinions in cases that each related in different ways to Credit-Based Asset Servicing and Securitization, LLC , also known as C-Bass. As discussed below, Judge Rakoff has issued an opinion substantiating his... Read More

The Sands of Time: An Interesting New Subprime Securities Suit
Posted on 15 Jun 2010 by Kevin M. LaCroix

The subprime and credit crisis-related litigation wave may now be in its fourth year, but lawsuits continue to come in. The latest of these suits - a securities class action lawsuit involving Las Vegas Sands - has a number of interesting features, and... Read More

NERA Releases Updated Canadian Securities Class Action Report
Posted on 2 Feb 2011 by Kevin M. LaCroix

The number of outstanding securities class action lawsuits in Canada reached an all-time high during 2010 according to a January 31, 2011 report by NERA Economic Consulting entitled "Trends in Canadian Securities Class Actions: 2010 Update."... Read More