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Jury Returns Plaintiffs' Verdict in the BankAtlantic Credit Crisis-Related Securities Suit

In the first securities class action jury verdict to arise out the credit crisis, on Thursday November 18, 2010, the jury in the BankAtlantic securities lawsuit in federal court in Miami returned a verdict in the plaintiffs' favor, finding seven of the statements at issue to have been false,...

Barclays' Subprime Related Securities Suit Dismissed

In a January 5, 2011 order, Southern District of New York Judge Paul Crotty granted the defendants' motions to dismiss the consolidated Barclays Bank subprime-related securities class action lawsuit. A copy of Judge Crotty's order can be found here . Although Judge Crotty's order is...