Recent Posts

High Court: Investors Properly Pleaded Materiality In Securities Class Action Suit
Posted on 23 Mar 2011 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on March 22 unanimously affirmed that shareholders of a drug maker properly showed that the drug maker violated federal securities law by failing to disclose that one of its products caused adverse... Read More

High Court Hears Oral Argument In Shareholder Derivative Suits Appeal
Posted on 30 Nov 2011 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Nov. 29 heard oral arguments in a shareholder derivative suit appeal seeking a determination of whether the two-year statute of limitations for bringing an action under Section 16(b) of the Securities... Read More

Supreme Court To Hear Appeal In Market Timing Case
Posted on 25 Sep 2012 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Sept. 25 agreed to hear an appeal of a Second Circuit U.S. Court of Appeals ruling allowing the Securities and Exchange Commission to seek penalties against defendants for securities fraud for... Read More

U.S. High Court Hears Arguments In Case Over Appealing LIBOR Suit
Posted on 10 Dec 2014 by Bajeerah LaCava

WASHINGTON, D.C. — (Mealey’s) A dismissal of a lawsuit by a trial court and a statement that the case was terminated render the case appealable, Thomas C. Goldstein of Goldstein & Russell in Bethesda, Md., argued Dec. 9 before the U.S... Read More

Norton Rose Fulbright: 2d Circuit Dismisses Listing Theory Under Morrison
Posted on 21 May 2014 by Norton Rose Fulbright

By Johannes K. Gabel , Manuela A. Siragy and Richard Werner Fagerer The Court of Appeals for the Second Circuit in its May 6 decision emphatically continued to interpret the Morrison v. National Australia Bank 1 doctrine broadly by confirming the District... Read More

Barroway Topaz Ranked Among Top 5 Law Firms Of 2009 For Recoveries, Settlements In Securities Class Actions
Posted on 20 Apr 2010 by LexisNexis Litigation Resource Community Staff

RADNOR, Pa. — Leading class action and corporate governance law firm Barroway Topaz Kessler Meltzer & Check LLP has again been ranked among the nation's top five law firms of 2009 for highest investor recovery in securities class actions... Read More

High Court Weighs Fraud Lawsuit Against Aussie Bank
Posted on 29 Mar 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. – (AP) The Supreme Court indicated Monday it could prohibit foreign investors from using U.S. securities law and American courts to sue a foreign bank for fraud. The court heard argument in a challenge from Australian investors... Read More

Murray, Frank & Sailer LLP Files Securities Class Action Against Toyota
Posted on 17 Mar 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK — Murray, Frank & Sailer LLP announced Feb. 18 that it has filed a class action complaint in the U.S. District Court for the Southern District of New York (No. 10 Civ. 1175) on behalf of all individuals and institutions who purchased... Read More