Recent Posts

$26 Million Settlement Reached In Mortgage-Backed Securities Shareholder Class Action
Posted on 1 Aug 2012 by Timothy Raub

NEW YORK - (Mealey's) Lead plaintiffs in a securities class action lawsuit against The Goldman Sachs Group Inc. and others have agreed to settle their claims for more than $26 million, according to court documents filed July 31 in a New York federal... Read More

Goodwin Procter Expands Securities Litigation Practice With Addition Of Daniel J. Tyukody In Los Angeles
Posted on 18 Jul 2011 by LexisNexis Litigation Resource Community Staff

BOSTON - Goodwin Procter LLP , a national Am Law 50 firm, has announced that Daniel J. Tyukody has joined the firm's Litigation Department in Los Angeles as a member of its Securities Litigation & White Collar Defense Practice. He will focus... Read More

AZA Welcomes Houston Complex Commercial Litigation Lawyer Tim Shelby
Posted on 8 Jul 2011 by LexisNexis Litigation Resource Community Staff

HOUSTON - The complex commercial litigation law firm of Ahmad, Zavitsanos & Anaipakos has announced the addition of accomplished courtroom attorney Tim Shelby . Shelby has been recognized repeatedly as one of the top young lawyers in Texas, including... Read More

Glenn Fine Joins Dechert As Partner In White Collar & Securities Litigation Group
Posted on 18 Oct 2011 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - International law firm Dechert LLP has announced that Glenn A. Fine has joined the firm as a partner in the White Collar and Securities Litigation Practice in Washington, D.C. Fine served as the inspector general for the U.S. Department... Read More

Bracewell & Giuliani Adds Respected Trial Attorney To Growing Seattle Team
Posted on 15 Jun 2011 by LexisNexis Litigation Resource Community Staff

SEATTLE - Bracewell & Giuliani LLP has announced that Curt Roy Hineline , formerly co-chair of Dorsey & Whitney's securities litigation & enforcement practice and a member of its professional responsibility committee, has joined Bracewell's... Read More

Fordham Law Prof Catalogues Shortcomings Of Current Securities Class Action Settlement Process
Posted on 20 Apr 2012 by Kevin M. LaCroix

The negotiated resolution of securities class action lawsuits - and absent dismissal, there is rarely any other types of securities suit resolution - is always complicated and occasionally messy, and often involves inefficiencies and sometimes produces... Read More

Thomas O. Gorman On This Week In Securities Litigation (May 20, 2011)
Posted on 20 May 2011 by Thomas O. Gorman

This week SEC Enforcement continued to implement its new cooperation initiatives, moving forward from the spectacle of the Stanford testimony last week and the past. The Commission executed its first deferred prosecution agreement. The fact that it resolved... Read More

Securities Class Action Filings Decreased Sharply In 2012, According To Report By Cornerstone Research, Stanford Law School
Posted on 23 Jan 2013 by LexisNexis Litigation Resource Community Staff

Filings Related to Mergers and Acquisitions and Chinese Reverse Mergers Decline Substantially; No New Credit Crisis-Related Class Actions Filed BOSTON - Federal securities fraud class action filing activity decreased sharply in 2012, according to Securities... Read More

SciClone Pharmaceuticals Settles FCPA Follow-On Derivative Lawsuits
Posted on 18 Oct 2011 by Kevin M. LaCroix

In a settlement that involves a company with significant Chinese operations -- and that also may represent something of a template for the settlement of FCPA enforcement follow-on civil lawsuits -- SciClone Pharmaceuticals and the individual defendant... Read More

Judge Approves $730 Million Securities Settlement With Citigroup, Shareholders
Posted on 21 Aug 2013 by Timothy Raub

NEW YORK — (Mealey’s) A federal judge in New York on August 20 granted final approval of a securities class action settlement between investors and Citigroup Inc. and others, ruling that the terms of the settlement meet the statutory guidelines... Read More

Litigation Funding On The Rise In The United States, Abroad
Posted on 5 Feb 2013 by Kevin M. LaCroix

In last week's Advisen webinar on 2012 D&O claims trends, one of the audience questions related to the growth and relevance of litigation funding in the U.S. In responding to the question I noted, among other things, the rise of litigation funding... Read More

9th Circuit Panel Reinstates $280 Million Verdict In Apollo Group Investor Class Action
Posted on 28 Jun 2010 by Timothy Raub

SAN FRANCISCO - (Mealey's) Ruling that a federal district court erred in granting Apollo Group Inc. judgment as a matter of law, a Ninth Circuit U.S. Court of Appeals panel on June 23 reversed the district court's ruling and remanded with instructions... Read More

SEC Prevails In Lawsuit Challenging Conflict Mineral Rules
Posted on 22 Aug 2013 by Thomas O. Gorman

The Commission prevailed in a dispute challenging its conflict minerals rules brought by business groups, a seemingly rare event in view of recent rulings against the agency by the D.C. Circuit on such issues. The rules were those enacted under Section... Read More

$37 Million Settlement Reached In Tronox Investor Class Action Lawsuit
Posted on 8 Aug 2012 by Timothy Raub

NEW YORK - (Mealey's) Shareholders and defendants in a securities class action lawsuit against a chemical company, certain of its officers and directors and others have agreed to a $37 million settlement of all federal securities law claims, according... Read More