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14 Mar 2011, 1:05 am by Kevin LaCroix
Supreme Court’s Morrison decision, the parties to the Credit Suisse subprime-related securities class action lawsuit have reached a settlement by which the company has agreed to pay the plaintiff class $70 million. [read post]
5 Dec 2017, 9:46 am by Renae Lloyd
According to a press announcement on Monday, the Securities and Exchange Commission charged Premier Holding Corp., a microcap company and its CEO with conducting a fraudulent scheme. [read post]
30 Jul 2015, 2:56 am by Kevin LaCroix
Companies in the S&P 500 were less likely to be a defendant in a class action lawsuit than in any of the last 15 years. [read post]
22 Dec 2016, 12:20 pm by Philip R. Stein
Data Security and Privacy Yahoo’s latest revelations this month about the enormous data hack of its networks in 2013 will only add to various regulatory agencies’ sense of urgency about ensuring that the companies they regulate have strong systems and policies in place to safeguard personal data and other sensitive information. [read post]
22 Dec 2016, 12:20 pm by Philip R. Stein
Data Security and Privacy Yahoo’s latest revelations this month about the enormous data hack of its networks in 2013 will only add to various regulatory agencies’ sense of urgency about ensuring that the companies they regulate have strong systems and policies in place to safeguard personal data and other sensitive information. [read post]
12 Oct 2010, 4:31 pm by Kevin LaCroix
" The two largest categories of lawsuit defendants after financial firms are companies in the consumer discretionary and healthcare categories. ? [read post]
18 Feb 2010, 11:23 am
The debtors in the Palmdale Hills case were integrated companies formed as part of a joint venture to develop residential real estate projects with affiliates of Lehman Brothers, Inc.  [read post]
16 Sep 2009, 10:12 am by The Bicycling Barrister
Absent title coverage, those Sellers will have to defend lawsuits and pay damages on their own. out of pocket.I demand quality insurance for all of buy Chicago area home buying clients. [read post]
22 Nov 2021, 12:48 pm by Kevin LaCroix
  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]
26 Jul 2007, 9:15 pm
Also, defendants could not be pressured to surrender confidential information resulting from their attorneys' work.The Subcommittee on Crime, Terrorism and Homeland Security deferred debate on the measure until the full committee markup. [read post]
9 Nov 2011, 8:43 am
In the case before the court, the plaintiff did properly allege that several public statements made by the defendant pharmaceutical company were false and material. [read post]
15 Mar 2024, 4:36 am
”Kennedy has sufficiently shown that these defendants “jointly participated in the actions of the social media” platforms “by “‘insinuating’ themselves into the social-media companies’ private affairs and blurring the line between public and private action,” [Judge Terry A.] [read post]
16 May 2020, 8:19 pm by Kevin LaCroix
  In addition, this lawsuit is also the second coronavirus-related securities suit filed against a non-U.S. company with securities trading in the U.S. [read post]
12 Mar 2017, 5:26 pm by Kevin LaCroix
The plaintiffs are investment funds that purchased securities in a company called Delivery Agent. [read post]
4 Apr 2013, 1:52 am by Kevin LaCroix
National Australia Bank, investors who purchased their shares in a company’s stock on a non-U.S. exchange are unable to pursue securities claims against the company or its management in U.S. courts. [read post]
13 Feb 2009, 7:19 am
In the US District Court for the Southern District of New York, UBS AG was named as a defendant in a class action lawsuit alleging that the company engaged in a tax scam designed to help rich US investor avoid federal taxes. [read post]
20 Dec 2021, 12:49 pm by Kevin LaCroix
In another instance, discussed here, the defendants were able to rely on the fact that their trades in company securities had been made pursuant to a written trading plan in support of their motions to dismiss the securities class action lawsuit that had been filed against them. [read post]
29 Sep 2019, 7:50 am by Dan Harris
During downtimes, lawsuits are a way to secure profits. [read post]