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28 Jan 2010, 2:02 am
Though the number of new filings is noteworthy, the more significant developments may be the class certifications in three cases and the ruling allowing the IMAX securities class action plaintiffs leave to proceed under the new Ontario securities laws. [read post]
27 Jan 2010, 3:52 am
If the above claimed risk factor is actually for real, Overstock.com has failed to disclose a more likely and significantly more material risk factor: the fact that certain predatory and retaliatory actions taken by Deep Capture managing partner Judd Bagley, such as pre-texting of company critics, at the direction and blessing of Patrick Byrne may lead to "increased regulatory scrutiny" of the company and significant material legal liabilities in the future. [read post]
25 Jan 2010, 5:00 am
In practice, however, what “fraud on the market” is really all about is class actions – reliance is ordinarily considered an individualized issue that's kryptonite to the supposed "superman" of class actions . [read post]
25 Jan 2010, 1:48 am
One area Feldman suggests that plaintiffs are unlikely to seek reforms is with respect to the PSLRA’s lead plaintiff requirements. [read post]
25 Jan 2010, 12:14 am
For example, statements by management regarding the absolute need to meet operating and financial targets can create undue pressures that may lead employees to commit fraud to achieve them. [read post]
24 Jan 2010, 5:54 pm
It is alleged that he never completed the anger management classes. [read post]
24 Jan 2010, 12:30 am
The cases are referred to as Engle progeny after the lead plaintiff in the initial class action. [read post]
21 Jan 2010, 10:29 pm
Public statements by leading plaintiffs’ attorneys (refer, for example, here) suggest more neutrally that they are just getting around to filing cases that were “backburnered” while the lawyers were concentrating on getting the subprime and credit crisis cases on file. [read post]
20 Jan 2010, 9:18 pm
Another Belated Securities Lawsuit Filing: In prior posts (for example, here), I have noted the phenomenon that developed in the second-half of 2009 where plaintiffs’ lawyers were filing securities class action lawsuit complaints well after the proposed class period cutoff date. [read post]
20 Jan 2010, 10:59 am
Interestingly, the lead plaintiff, Timothy Webster, will recover only $2,600. [read post]
18 Jan 2010, 8:43 am
This presumption exists because it is the “defendant, and not the plaintiff, who is in a position to know the reasons, events and decisions leading up to the defendant’s action. [read post]
18 Jan 2010, 3:34 am
You can separately subscribe to the IP Think Tank Global Week in Review at the Subscribe page: http://duncanbucknell.com/subscribe/ Highlights this week included: New design law for Serbia (Class 99) (Class 46) Extension of European patents to Montenegro (EPO) (IPKat) President Obama calls USPTO case management system ‘embarrassing’ (Anticipate This!) [read post]
18 Jan 2010, 1:32 am
Sanchez permitted Galleon to withdraw as lead plaintiff. [read post]
17 Jan 2010, 9:22 am
This story informs its readers that New Orleans Saints coach Sean Payton is the lead plaintiff in a 591-page class action Chinese drywall suit. [read post]
15 Jan 2010, 2:01 am
(The other lead plaintiff group is the New York City Pension Funds.) [read post]
14 Jan 2010, 11:15 am
A federal judge in Florida has denied conditional class certification in a putative class action brought against H&R Block by its tax agents because the lead plaintiffs could not show that the company's failure to pay overtime was a companywide practice. [read post]
13 Jan 2010, 5:14 pm
Plaintiffs filed a Consolidated Amended Class Action Complaint on January 4, 2010. [read post]
12 Jan 2010, 10:43 am
Remember your University philosophy class? [read post]
12 Jan 2010, 10:22 am
If it weren't for the efforts of the FBI, SEC, Postal Inspector's Office, US Attorney's Office, and class action plaintiff's lawyers who investigated, prosecuted, and sued me, I would still be the criminal CFO of Crazy Eddie today. [read post]
12 Jan 2010, 5:00 am
The authors are Rheingold and Shkolnik, co-lead counsel for the Nuvaring plaintiffs. [read post]
