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August 04, 2010 |

Congress Responds

The fastest and most successful reaction by Congress to a U.S. Supreme Court decision last term was not a legislative response to the very controversial Citizens United campaign finance ruling. And it wasn't an attempt to salvage a widely supported animal-crush video ban. No, the winner was: "foreign-cubed" securities class actions.
5 minute read
October 04, 2010 |

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.
4 minute read
March 29, 2010 |

A border battle over lawsuits

Six years after the moniker was first coined, a "foreign-cubed" suit has made its way to the U.S. Supreme Court. The case challenges the use of American courts by foreign plaintiffs.
7 minute read
March 30, 2010 |

Supreme Court Justices Hostile to 'Foreign-Cubed' Cases

U.S. Supreme Court justices appeared hostile on Monday toward so-called "foreign-cubed" securities fraud class actions in which the plaintiffs and stock issuers are foreign and the alleged fraud took place on foreign soil. International companies and foreign governments including France, the United Kingdom and Australia filed briefs in the case arguing against jurisdiction in the U.S. for such suits, expressing concern that U.S. courts will interfere with the policy choices they have made in regulating securities.
4 minute read
September 26, 2011 |

License Revocation Order Pursuant to Rule 1:28-2(c)

Notice to the bar.
32 minute read
October 01, 2011 |

Deals & Suits

18 minute read

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