Recent Posts

The Week In Securities Litigation: Record Payments, Potentially Significant MOU
Posted on 2 Jun 2013 by Thomas O. Gorman

Record payments and a potentially significant MOU were the focus in securities enforcement litigation this week. French oil and gas giant Total paid the DOJ and the SEC $398 million to settle FCPA charges, the fourth largest sum paid in settlement of... Read More

$23.5 Million Settlement Reached In Constar IPO Securities Class Action
Posted on 7 Sep 2012 by Timothy Raub

PHILADELPHIA - (Mealey's) Lead plaintiffs and defendants in a securities class action lawsuit against a company, certain of its officers and directors and others have agreed to a $23.5 million settlement of claims pertaining to the defendants'... Read More

2nd Circuit Reinstates Blackstone Group IPO Securities Suit
Posted on 11 Feb 2011 by Kevin M. LaCroix

In a February 10, 2010 opinion ( here ), the Second Circuit reversed the lower court's dismissal of the securities class action lawsuit relating to The Blackstone Group's June 2007 IPO. The decision, which represents a noteworthy victory for plaintiffs... Read More

Nasdaq To Pay $10M Penalty For Role In Facebook IPO, Secondary Market Trading
Posted on 29 May 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) In what is being called the largest ever penalty against an exchange, Nasdaq will pay a $10 million penalty to the Securities and Exchange Commission to settle claims that it violated federal securities laws as a result... Read More