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February 01, 2024 | Litigation Daily

Some Thoughts on Securities Litigation Trends From Either Side of the Bar

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
January 31, 2024 | Litigation Daily

With Crypto, COVID and SPAC Claims on the Wane, What Had Securities Class Action Filings Ticking Up in 2023?

Quick hint: Look back at the financial headlines from early in the year.
4 minute read
January 29, 2024 | Daily Business Review

Former Big Law Partner Gets 10 Years in Prison for Money Laundering

Former Manhattan U.S. Attorney Geoffrey S. Berman said the Florida lawyer, "who was an equity partner at a well-known international law firm, exploited his expertise as a seasoned corporate attorney to create sham investment funds."
5 minute read
January 23, 2024 | Delaware Business Court Insider

Delaware Joins AT&T Lead Cable Conversation With New Shareholder Cases

It's the latest wave of litigation blowback against telecommunications companies that were linked to toxic underground cables and their effects.
3 minute read
January 17, 2024 | National Law Journal

SEC Chief Gensler Warns of 'AI Washing' and Potential Conflicts of Interest

"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
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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January 11, 2024 | National Law Journal

SEC Approves Bitcoin Listing, Trading After Appeals Court Defeat

Amid approval, SEC Chair Gary Gensler warns that "investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
4 minute read
January 11, 2024 | Delaware Business Court Insider

Nikola: Gridlock With Insurers Is Stalling Settlements With Shareholders

"Because settlements of derivative actions are not indemnifiable by the nominal company defendant in Delaware, this would defeat a key function of D&O insurance."
3 minute read
January 08, 2024 | Daily Business Review

South Florida Heavy Hitters Gather for $528 Million Class Action

"We are anxious to team up on this thing to try to find the bad guys," one of the attorneys said.
6 minute read
January 04, 2024 | Law.com

Elderly Couple's Suit Against JPMorgan Chase Claiming More Than $20M in Losses Limited to Bench Trial

"Although we are disappointed with the decision, we look forward to moving swiftly ahead with a bench trial before Judge Kelley and getting the Doelgers the justice they deserve," the plaintiffs' lead attorney, James R. Serritella, a partner with Kim & Serritella, told Law.com.
5 minute read
January 04, 2024 | National Law Journal

Fact or Opinion? 2nd Circuit Raises Bar for Investor Fraud Suits

Court upholds dismissal of Philip Morris investors' claim that the cigarette giant made false statements regarding its clinical studies.
4 minute read

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