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16 Jul 2020, 3:37 pm
It invalidated the “Privacy Shield,” the data protection deal that secured the transatlantic data flow, and narrowed the ability of companies to transfer data using individual agreements (Standard Contractual Clauses, or SCCs). [read post]
20 Dec 2010, 4:19 am
But what exactly are the attorneys doing to defend a foreclosure lawsuit? [read post]
24 Jun 2011, 1:31 am
The complaint alleges that following the offering, the defendants continued to misrepresent the company’s financial condition, particularly with respect to its RMBS portfolio. [read post]
19 Jan 2014, 1:52 pm
In essence, plaintiff alleges that the non criminal defendants are dentists who billed the state program for unauthorized dental services provided by the criminal defendant and companies he is alleged to have controlled. [read post]
22 Mar 2020, 7:44 am
” The complaint alleges that the defendants’ misrepresentations or omissions violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. [read post]
21 Oct 2010, 10:17 am
The defendants are accused of placing the stock of a now-obsolete company into a "side pocket. [read post]
13 Nov 2014, 12:55 pm
The two women arranged a meeting to discuss the matter because, in defendant's words, I got a lot of company on this phone, you know. [read post]
19 Apr 2021, 1:56 pm
The complaint alleges that the defendants violated Sections 10(b), 14(a) and 20(a) of the Securities Exchange Act of 1934. [read post]
12 Aug 2010, 8:48 am
While Filings Are Down, Securities Litigation Remains Robust, As Major Cases Await Resolution, and Congress Creates New Litigation Risks for Public Companies and Their Directors and Officers The first half of 2010 witnessed several significant new developments in the field of U.S. securities litigation and SEC enforcement, as well as new federal legislative reforms that may lead to new areas of private securities litigation in the future. [read post]
10 May 2010, 6:00 am
Today insurance claims are fought aggressively and many companies fail to honor the terms of the policy and promises of security through a strategy that insurance expert and Professor Jay M. [read post]
1 Jul 2014, 5:09 am
Five of the first half securities suit filings (about 6.4%) involved allegations of misrepresentations in connection with the defendant companies’ initial public offerings. [read post]
8 Jan 2018, 12:00 am
According to the allegations, XOMA partnered with a pharmaceutical company to conduct a double-blind experiment on an antibody for the treatment of inflammatory eye diseases. [read post]
30 Nov 2008, 6:26 pm
There have been some high profile 2008 examples of securities lawsuits filed by persons other than the defendant company’s own shareholders. [read post]
26 Jul 2021, 2:44 pm
One particular concern is the securities offering exclusion found in most private company D&O policies. [read post]
12 Nov 2023, 4:41 pm
The court ruled that the insurance company could not collect against its policyholders for the following reasons: There is no policy provision providing for personal liability against the defendants, but the mortgage clause does subrogate the company to the ‘rights’ of the Veterans Administration ‘under all securities held as collateral’ upon payment to them if there is no liability to the defendants under the policy. [read post]
3 Apr 2017, 8:20 am
Bronson, March 27, 2017, Karas, K.).Unregistered securities. [read post]
13 Jan 2009, 4:05 am
Securities Fraud Class Action Complaint Failed to Adequately Plead Strong Inference of Scienter Required by Private Securities Litigation Reform Act (PSRLA) because Defense Presented Compelling Inference that Company Refused to Disclose Details of Phase III Drug Trials for “Competitive Reasons,” thereby Supporting District Court Order Dismissing Class Action Complaint Without Leave to Amend Fourth Circuit Holds Plaintiffs filed a class action… [read post]
12 Apr 2010, 5:00 am
The Employees The decision is for two cases that were combined because of the common defendant. [read post]
3 Apr 2017, 2:27 pm
Paul Oetken granted Defendants Wells Fargo Securities LLC (“Wells Fargo“), f/k/a Wachovia Capital Markets LLC (“Wachovia“), and Fortis Securities LLC’s motion for summary judgment, dismissing the remaining causes of action and closing the case in LBBW Luxemburg S.A. v. [read post]
4 Apr 2012, 9:06 am
For example, on April 8, 2009, prosecutors indicted six former executives of CCI, alleging that the group conspired to pay bribes to officials of foreign state-owned companies in order to secure contracts which yielded approximately $46.5 million in profits. [read post]
