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9 Nov 2009, 1:52 am
Special thanks to Adam Savett of the Securities Litigation Watch (here) for providing copies of the Perini ruling. [read post]
4 Nov 2009, 1:17 am
The settlement requires Adams to pay the class action plaintiffs the first $1.25 million of any recovery, net of fees and expenses, that Adams recovers in the ongoing litigation with the former insurer and former broker. [read post]
21 Oct 2009, 3:03 am
  Special thanks to Adam Savett of the Securities Litigation Watch blog for providing a copy of Judge Baer’s October 19 opinion. [read post]
13 Oct 2009, 2:41 am
As noted in a prior post (here), trial in the Vivendi securities class action lawsuit began last week in the Southern District of New York. [read post]
6 Oct 2009, 2:29 am
In several prior posts (most recently here), I have noted that defendants seem to be faring particularly well at the dismissal motion stage in the subprime and credit crisis-related lawsuits. [read post]
14 Sep 2009, 2:53 am
As the number of failed and troubled banks has surged, one recurring question has been whether the banks woes would lead to a new round of banking-related litigation. [read post]
27 Aug 2009, 3:09 am
Special thanks to Adam Savett of the Securities Litigation Watch (here) for providing a copy of Judge Rakoff’s order. [read post]
19 Aug 2009, 2:34 am
  Special thanks to Adam Savett of the Securities Litigation Watch blog (here) for providing me with copies of the opinions. [read post]
14 Jul 2009, 10:29 am
Significant topics to be covered, include: -Monitoring the portfolio: When and why you would want to be a lead plaintiff -Don't leave money on the table: Filing claim forms in settled cases to recover losses -Opting in: Navigating the waters of non-US securities litigation -Opting out: When does it make sense to leave the safety of the class action and pursue an individual case Bruce Carton of Securities Docket will moderate the webcast, and panelists include Adam Savett,… [read post]
14 Jul 2009, 2:21 am
  Special thanks to Adam Savett of the Securities Litigation Watch for providing a copy of Judge Illston’s opinion. [read post]
8 Jul 2009, 2:16 am
    Special thanks to Adam Savett of the Securities Litigation Watch for providing a copy of Judge Baer’s opinion. [read post]
29 Jun 2009, 2:47 am
    Hat tip to Adam Savett of the Securities Litigation Watch (here) for the link to the Children’s Place 8-K and to the June 25 opinion in the FX Energy case. [read post]
8 May 2009, 8:48 am
Click here for a writeup from AmLaw’s Andrew Longstreth; here for Kevin Lacroix’s take at the D&O Diary; and here for more from Adam Savett’s Securities Litigation Watch blog; here for a story from the Chicago Trib. [read post]
7 May 2009, 8:16 pm
  As detailed in by Adam Savett of the Securities Litigation Watch blog (here), the jury found that all four defendants acted recklessly with respect to the 16 statements on which the jury found in favor of plaintiffs. [read post]
21 Apr 2009, 2:40 am
  Special thanks to Adam Savett of the Securities Litigation Watch blog (here) for providing a copy of the MRU complaint. [read post]
3 Apr 2009, 2:45 am
Hat tip to Adam Savett of the Securities Litigation Watch for link to the Times article. [read post]
3 Apr 2009, 2:36 am
Special thanks to Adam Savett of the Securities Litigation Watch for a link to the PIMCO lawsuit. [read post]
30 Mar 2009, 11:08 am
According to data compiled by Adam Savett at the Securities Litigation Watch (here), only 20 cases have gone to trial since the PSLRA was enacted in 1995. [read post]
25 Mar 2009, 8:07 am
According to Adam Savett, Head of RiskMetrics' Securities Class Action Services, "We can expect the number of new cases filed, and thus eventual settlements to continue trending at or above historical levels, due in part to the ongoing expansion of the fallout from the credit crisis. [read post]
3 Mar 2009, 1:58 am
  Special thanks to Adam Savett of the Securities Litigation Watch for providing me with a copy of the Sunrise settlement stipulation. [read post]