Litigation

Recent Posts

DLA Piper: Expect Greater SEC Scrutiny Of Activist Hedge Funds That Share Information Or Collaborate In Advance Of Their Trades
Posted on 21 Apr 2014 by DLA Piper

By Perrie Michael Weiner and Patrick Hunnius A recent Wall Street Journal article – “Activist Investors Often Leak Their Plans to a Favored Few” – focused attention on “activist” investors and stock analysts who... Read More

U.S. Supreme Court Rules Section 16(b) Claim Tolling Not Proper Under Whittaker Rule
Posted on 26 Mar 2012 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The Ninth Circuit U.S. Court of Appeals erred in ruling that the two-year statute of limitations claims brought pursuant to Section 16(b) of the Securities Exchange Act of 1934 are tolled until a Section 16(b) statement... Read More

Drug Maker To Pay $4.5 Million To Settle Claims In Securities Class Action Lawsuit
Posted on 30 Jul 2012 by Timothy Raub

PHOENIX - (Mealey's) Matrixx Initiatives Inc. will pay $4.5 million to settle claims with shareholders that it violated federal securities law by concealing side effects of a cold medication it developed and marketed, according to documents filed... Read More