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29 Jul 2019, 6:08 am
Introduction As companies rapidly expand globally and securities markets become increasingly interconnected, multinational companies must prepare for a new era of global securities litigation. [read post]
28 Sep 2021, 10:06 am
The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
25 Apr 2022, 1:39 pm
In the IronNet lawsuit, by contrast, the only defendants are former officers of the target company and/or post-merger operating company; no former officers of the SPAC are named as defendants. [read post]
6 Dec 2016, 11:16 am
The guard worked for a security company, and the company contracted with the apartment. [read post]
11 Dec 2023, 9:35 am
In addition to the criminal proceeding and the SEC action, Berman and the company were also named as defendants in a securities class action lawsuit. [read post]
1 May 2018, 1:06 pm
This settlement follows a related $15 million settlement with Basset’s co-defendant,… The post Our firm helps secure $10.5 million settlement in another whistleblower case appeared first on Pate & Johnson Law Firm. [read post]
27 Sep 2022, 1:23 pm
When you buy insurance, you’re purchasing security. [read post]
16 Nov 2016, 4:36 pm
The first of the Brazilian companies to be hit with a securities class action lawsuit related to the corruption investigation was Petrobras itself, which was named as defendant in a securities class action lawsuit filed in the Southern District of New York in December 2014 (refer here). [read post]
9 Jun 2011, 3:24 am
The fact that the defendant in this case is a mainstream U.S. company makes this new lawsuit different from the many cases that have been filed recently against Chinese companies. [read post]
12 Jun 2008, 10:40 pm
A June 2008 memorandum by Michael Kichline and David Kotler of the Dechert law firm entitled “Dechert Survey of Securities Fraud Class Actions Brought Against Life Sciences Companies” (here) takes a closer look at the 2007 life sciences securities lawsuits and concludes that “life sciences companies remain firmly in the crosshairs of the plaintiffs’ securities bar. [read post]
3 Oct 2021, 11:43 am
The current Hyzon Motors executives who are named as defendants in the complaint are also sued in their capacities as executives of the pre-merger company. [read post]
10 Jul 2008, 1:04 am
The broker is not named as a defendant in the case. [read post]
28 Feb 2011, 12:54 am
Securities lawsuits rarely go to trial, but on February 24, 2011, just three months after the last securities suit trial concluded, a Central District of California rendered a verdict on behalf of plaintiffs against the sole trial defendant, the former CEO of the defunct Homestore company. [read post]
4 May 2012, 1:32 am
” In particular, the memo also notes, it appears that “there is no one factor that will insulate companies from Canadian securities law. [read post]
20 Nov 2022, 7:19 am
The complaint alleges that the defendants violated Sections 11 and 15 of the Securities Act of 1933. [read post]
5 Jan 2014, 11:57 pm
As many as 13, or nearly eight percent, of the 2013 securities suit filings followed prior regulatory or enforcement activity against the defendants companies. [read post]
12 Jun 2012, 1:36 am
On Monday, June 11, 2012, the United States Supreme Court granted the petition of Amgen for a writ of certiorari in a securities lawsuit pending against the company. [read post]
8 Aug 2011, 2:01 am
” According to the law firm memo, Judge Fairbanks’ ruling in the Orient Paper case is the first opinion involving a corporate defendant in a Chinese reverse merger company securities case. [read post]
7 May 2019, 2:54 am
The problems for defendant life sciences companies from the Orexigen decision are two-fold. [read post]
15 Jul 2020, 12:36 pm
For both tech and non-tech company defendants, cases with larger settlement amounts tend to take longer to settle; however, on average, during the period 2015-2019, tech company securities suits settled more quickly. [read post]
