0 results for 'Bernstein Litowitz Berger'
Mortgage-backed securities plaintiffs scored their fourth securities class action settlement since the start of the financial crisis on Monday. But the deal with Deutsche Bank is also the smallest yet.
David Boies has had many victories in his career, but his win on Monday for the plaintiffs in the Halliburton securities class action has special meaning for him. Boies took over the case from his daughter Caryl Boies, who died last December from lung cancer at age 48.
Manhattan federal district judge Jed Rakoff swiftly dispensed with any notion that the Supreme Court's ruling in the Wal-Mart employment case should affect this securities case. "The Court finds that Wal-Mart has little to no bearing on the issues before the Court," he wrote.
When Judge Denny Chin was elevated to the Second Circuit, Judge Kevin Castel volunteered to take over the BofA securities class action. Whatever happens before him, BofA and its lawyers at least know they won't be on the receiving end of angry orders from Judge Rakoff--an experience they're all too familiar with.
In the enormous Bank of America securities class action, plaintiffs lawyers seeking the appointment of lead counsel are starting to make the case for themselves--and against their rivals.
Before the major copyright infringement class action against YouTube was filed in New York federal court two years ago, Robert Tur, a helicopter journalist, had initiated his own suit against the video-sharing site in the Central District of California. On Tuesday, against the protests of YouTube, the Ninth Circuit allowed Tur to transfer his suit to New York and join the class action.
It didn't take long for News Corp. and its independent directors to round up some of the top white-collar, internal investigations, and Foreign Corrupt Practices Act lawyers in the country.
For Ex-WorldCom Chief, a Painless Settlement
Florida socialite and former WorldCom chairman John A. Porter is one of 10 former board members of the telecommunications giant who agreed last week to pay a total of $18 million out of their own pockets as part of a settlement with WorldCom investors who claim they were bilked by accounting fraud. However, Porter, who once boasted a $700 million stock portfolio but filed for personal bankruptcy last May, may not have to pay a penny himself.Wall Street critics were pleased to see JPMorgan admit that a breakdown in controls and leadership caused the losses, but the SEC still came under fire over fine print in the admissions and for letting high-ranking execs off the hook.
Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
Will Generative AIs Transform Legal Services? Defensibility and Security Must Be a Focus
Brought to you by HaystackID
Download Now
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now