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,...
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...