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Similar to class actions generally, exploring ethics issues in securities class action litigation (specifically fee-splitting), and how that affects settlement value for plaintiff investors
By Ellen Bardash | February 8, 2024
Latham & Watkins lawyers secured the dismissal of claims brought by an institutional shareholder.
2 minute read
By Maydeen Merino | February 6, 2024
"When dealers register, they become subject to a variety of important laws and rules that help protect the public, promote market integrity and facilitate capital formation," SEC Chair Gary Gensler said.
3 minute read
By Ross Todd | February 1, 2024
Jerry Silk of Bernstein Litowitz and Scott Musoff of Skadden weigh in on what's going on behind the numbers in the latest Cornerstone Research annual report on securities class actions.
5 minute read
By Ross Todd | January 31, 2024
Quick hint: Look back at the financial headlines from early in the year.
4 minute read
By Charles Toutant | January 29, 2024
On Sept. 12, 2023, the FDA issued a report on phenylephrine, saying that there were no safety issues found with its use as a decongestant but there were also no benefits, the suit said.
3 minute read
By Katayun I. Jaffari and John Crozier | January 26, 2024
Implementation of practices has become especially crucial considering the newly required cybersecurity incident reporting and cybersecurity risk management and governance disclosure for public companies passed by the SEC last year.
7 minute read
By Riley Brennan | January 24, 2024
"Out of the $1.3 [million], half a million dollars went to the IRS, and a few hundred thousand dollars went to a home remodel the Lord told us to do," defendant Eligio (Eli) Regalado, a paster at Victorious Grace Church, said in a video.
6 minute read
By Maydeen Merino | January 24, 2024
"Just because a company uses an alternative method to go public does not mean that its investors are any less deserving of time-tested investor protections," SEC Chair Gary Gensler said.
3 minute read
By Avalon Zoppo | January 19, 2024
"My heart from the beginning of my career has always been on the plaintiff side," said former U.S. Magistrate Judge Sam Sheldon.
5 minute read
By Maydeen Merino | January 17, 2024
"If you're putting the robo adviser's interest ahead of the broker dealer's interest ahead of the investor, therein lies a conflict" Gary Gensler said.
3 minute read
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