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M&A on the rise — and litigation may well follow
Techniques for minimizing the power of skeptical shareholders may land deals in court.Trial to Decide if Bank CEO Knowingly Made False Statements
When it comes to securities fraud litigation, the BankAtlantic Bancorp trial slated for jury selection Friday could be dramatic. If the trial moves ahead as scheduled, it will be only the 12th since Congress clamped down on shareholder lawsuits in 1995, attorneys in the case say. The jury will be asked to decide whether BankAtlantic Bancorp CEO Alan Levan's statements about nonperforming loans on the watch list at the bank with $4.6 billion in assets were intentionally false and deceiving.U.S. District Court Southern District of New York Judge Haight This class action was filed by lead plaintiff John Bruhl and others similarly situated seeking damages a
Civil Actions in Question Following Dismissal of Broadcom Criminal Case
Stock options backdating lawsuits filed by shareholders against Broadcom Corp. face an uncertain future now that a federal judge has thrown out the government's criminal case against two former executives of the Irvine, Calif., computer chip manufacturer.A 'perfect storm' for pension suits?
Attorneys are doing well with the unfortunate outcomes for employees of companies trying to endure bankruptcies and scandals.Trial decides if CEO knowingly made false statements
Only 11 trials claiming violations of the Private Securities Litigation Reform Act have been held since Congress clamped down on shareholder lawsuits in 1995.State AI Legislation Is on the Move in 2024
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