Recent Posts

Bridget Rohde To Participate In National Institute On Securities Fraud
Posted on 30 Sep 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - Bridget Rohde , a member in the Litigation Section of the New York office of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC ., will be speaking at the ABA's Fifth Annual National Institute on Securities Fraud, October 7-8, 2010. The... Read More

Russell Budd Announces Opening Of Baron & Budd P.C. Office In Miami
Posted on 10 Aug 2010 by LexisNexis Litigation Resource Community Staff

MIAMI - Russell Budd has announced the opening of plaintiff's law firm Baron & Budd, P.C. 's new office in Miami. The new office will offer its services to individuals and businesses with environmental issues as well as those victimized... Read More

Berman DeValerio Files Class Action Lawsuit Extending Class Period In BP Action
Posted on 23 Jul 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS, La. - The law firm of Berman DeValerio has filed a securities fraud lawsuit against BP plc, expanding the complaint to cover certain investors who acquired BP stock as early as mid-2005 ( The Oklahoma Police Pension & Retirement System... Read More

Split High Court: Service Provider Can't Be Held Liable For Misrepresentations
Posted on 13 Jun 2011 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) A service provider cannot be held liable in a private securities fraud class action for helping or participating in another company's misrepresentations in a prospectus statement for a stock offering because the misstatements... Read More

Securities Class Action Lawsuits Against Life Sciences Companies Rose In 2012
Posted on 22 Mar 2013 by Kevin M. LaCroix

The number of securities class action lawsuits filed against life sciences companies rose in both absolute and relative terms in 2012, according to a March 20, 2013 memorandum by David Kotler of the Dechert law form entitled "Survey of Securities... Read More

$624 Million Proposed Settlement Announced In Countrywide Securities Class Action
Posted on 7 May 2010 by Dylan McGuire

LOS ANGELES — (Mealey’s) The lead plaintiffs in a consolidated class action complaint against former subprime mortgage lending giant Countrywide Financial Corp. (CFC) and others for alleged violations of federal securities laws announced a... Read More

The SEC Prevails In Court In Case Involving Unregistered Securities
Posted on 6 May 2011 by Thomas O. Gorman

The Commission has had mixed results in court in recent months. The agency has prevailed in some cases. In others it has lost. Some losses raise troubling questions about the program ( here ). In SEC v. Radical Bunny , LLC, Case No. 2:09-cv-01560... Read More

Williams Mullen: Defeating Class Certification: Halliburton II Ruling Impacts Securities Class Action Issues
Posted on 19 Aug 2014 by Williams Mullen

By Turner A. Broughton and Lauren M. Wheeling In its June 23, 2014 opinion in Halliburton Co. v. Erica P. John Fund, Inc. (“ Halliburton II ”), the United States Supreme Court addressed two securities class action issues[ enhanced opinion... Read More

Williams Mullen - Libor Litigation: The Next Big Wave In Financial Crisis Lawsuits?
Posted on 17 Sep 2012 by Williams Mullen

By Camden R. Webb and Robert D. Perrow In June, Barclays Bank agreed to pay $453 million to settle charges that its conduct resulted in manipulation of the Libor interest rate. Although lawsuits involving potential Libor manipulation had been pending... Read More

Some Questions About the N.Y. AG's Lehman-Related Complaint Against E&Y
Posted on 4 Jan 2011 by Kevin M. LaCroix

New York Attorney General Andrew Cuomo's December 21, 2010 filing of a civil fraud lawsuit against Ernst & Young in connection with the audit firm's services to Lehman Brothers has captured headlines in business pages around the world. The... Read More

U.S. Supreme Court Hears Oral Argument In Market Timing Case
Posted on 10 Jan 2013 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on Jan. 8 heard oral arguments in 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... 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

Securities Fraud Class Action Dismissed Under Heightened Pleading Rules
Posted on 6 Sep 2011 by Francis G.X. Pileggi

The U.S. Third Circuit Court of Appeals in City of Roseville Employees' Retirement System v. Horizon Lines, Inc., et al. , Case No. 10-2788, on August 24, 2011, in a 2-to-1 decision, read opinion here [ an enhanced version of this opinion is available... Read More