Search for: "KAPLAN v. LEHMAN BROTHERS" Results 1 - 7 of 7
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11 May 2011, 9:01 pm by Kevin LaCroix
Judge Kaplan relied on his ruling s in the Lehman Brothers case to granting the rating agency defendants’ dismissal motions in the IndyMac and RUST cases.   [read post]
29 May 2012, 1:21 am by Kevin LaCroix
Judge Kaplan Approves $90 Million Lehman Brothers D&O Settlement: As I discussed in a prior post (here, scroll down), Southern District of New York Judge Lewis Kaplan had stirred some attention through his initial refusal to approve a proposed $90 million settlement of the Lehman Brothers securities class action suit – a settlement to be funded entirely with D&O insurance, without the individual defendants making a cash contribution – and… [read post]
6 Sep 2011, 1:56 am by Kevin LaCroix
First, on July 27, 2011, Southern District of New York Judge Lewis Kaplan denied the motion to dismiss in the Lehman Brothers case (about which refer here; as noted above, the Lehman Brothers executives settled the case against them shortly thereafter). [read post]
2 Jun 2010, 1:50 am by Kevin LaCroix
The most noteworthy aspect of Judge Rakoff’s decision is that he granted the rating agency defendants’ motion to dismiss, following Judge Kaplan’s ruling in the Lehman Brothers subprime-related securities suit that the rating agencies cannot be held liable under the ’33 Act as “underwriters.” [read post]