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27 Oct 2011, 1:52 pm by BCheung
The answer is debatable, which is good news for defendants who are currently charged with insider trading; it means that there is a fighting chance. [read post]
13 Dec 2022, 1:30 pm by Kevin LaCroix
  In September 2019, a plaintiff shareholder filed a securities class action lawsuit against the company and certain of its directors and officers alleging misrepresentations in connection with the company’s June 2019 share listing. [read post]
28 Jun 2021, 3:15 pm by Kevin LaCroix
Securities class action litigation activity involving IPO companies recently has been a significant concern, for the companies themselves as well as for their insurers. [read post]
22 Mar 2023, 6:12 am by Dan Bressler
LLC amended its operating agreement to add a company half owned by defendant called Berea Oil and Gas Corp., which effectively allowed defendant to dominate Somerset. [read post]
31 Dec 2008, 3:32 pm
 The Complaint names Michael Chertoff, Secretary of Homeland Security, et. al., as Defendants and was filed on December 23, 2008 in the United States District Court for the District of Maryland. [read post]
13 Oct 2009, 11:00 am
  The PCI-DSS are standards issued by the major credit card companies requiring certain security standards and data management protocols by vendors using or accessing credit card information. [read post]
16 Mar 2020, 1:54 pm by Kevin LaCroix
In Cyan, the Court held that: (i) state courts have jurisdiction to hear class actions brought under the federal Securities Act of 1933 (“1933 Act”); and (ii) the Securities Litigation Uniform Standards Act does not empower defendants to remove class actions alleging only 1933 Act claims from state to federal court. [read post]
4 Sep 2009, 1:52 am
(“CP Ships”), brought a securities class action against CP Ships and certain of its officers and directors, alleging that the defendants had understated the company’s operational costs in connection with a transition in its accounting systems. [read post]
6 Sep 2022, 2:32 pm by Kevin LaCroix
Indeed, as I have noted I prior posts (refer here and here), there have already been several instances where companies that have active ESG initiatives have been hit with securities suits for their pro-ESG actions. [read post]
17 Jan 2019, 10:58 am by Cannabis Law Group
Companies from California to Florida have found themselves named defendants in trademark lawsuits, filed by a luxury brand German water pipe manufacturer and its licensed U.S. seller. [read post]
5 Aug 2021, 2:30 pm by Lyle Roberts
Court of Appeals for the Ninth Circuit offers potential lessons for both companies and their securities defense counsel. [read post]
3 Aug 2009, 2:42 am
Another Subprime-Related Securities Lawsuit Dismissal: In yet another subprime-related securities class action lawsuit decision in defendants’ favor, on July 29, 2009, District of Connecticut Judge Stefan Underhill granted the defendants’ motion to dismiss in the securities lawsuit pending against CBRE Realty Finance and certain of its directors and officers. [read post]
3 Jun 2014, 5:15 pm
How difficult is it for a company to comply with its own data security, or privacy, policy? [read post]
3 Jun 2014, 5:15 pm
How difficult is it for a company to comply with its own data security, or privacy, policy? [read post]
31 Jul 2013, 5:26 pm by Allison Tussey
The defendant pleaded guilty to his role in conspiring to commit bank fraud in order to secure a $1.48 million residential real estate loan. [read post]
14 Feb 2012, 12:39 pm by William McGrath
Today (a day early), the Federal Securities Law Blog takes a look back at the last 30 days in the world of securities-related litigation in a regular feature which appears on approximately the 15th of each month. [read post]
5 Mar 2013, 2:00 pm
Using copies of excerpts of correspondence from the Social Security Administration (SSA), the complainant further notes that the SSA has determined that he is disabled. [read post]
5 Mar 2013, 2:00 pm
Using copies of excerpts of correspondence from the Social Security Administration (SSA), the complainant further notes that the SSA has determined that he is disabled. [read post]
16 Jan 2024, 1:19 pm by Kevin LaCroix
It is a short-seller’s analysis of what she or he finds troubling about the company, but isn’t the subject of any affirmative disclosure, nor is it the subject of something a company has to disclose. [read post]