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Iowa Public Employees' Retirement System v. Merrill Lynch, Inc., 09-3919-Cv
Publication Date: 2010-09-16
Practice Area: Business Law
Industry:
Court: U.S. Court of Appeals, Second Circuit
Judge: Before: Jacobs, Ch. J., B.D. Parker and Hall, C.JJ.
Attorneys:
For plaintiff: Policemen's annuity & Benefit Fund Of Chicago, Central States, Southeast and Southwest Areas Pension Fund, State-Boston Retirement System, Mf Global Institutional Investors Group Michael Rubin, Individually And On Behalf Of All Others similarly Situated, Plaintiff Nanette Katz, Frank Matassa, Sunshine Wire And Cable Defined benefit Plan Trust, Individually And On Behalf Of All Others similarly Situated, Michael J. Rudnick, Individually And On behalf Of All Others Similarly Situated, Consolidated-Plaintiffs Mark R. Rosen, Barrack, Rodos & Bacine, Philadelphia, Pa(Leonard Barrack, Barrack, Rodos & Bacine, Philadelphia, Pa; William J. Ban, Barrack, Rodos & Bacine, New York, NY; Carol v. Gilden, Cohen Milstein Sellers & Toll Pllc, Chicago, Il; and Steven J. Toll, Daniel S. Sommers, Cohen Milstein Sellers & Toll Pllc, Washington, Dc On the Brief) For Appellants. David B. Anders (Bernard W .Nussbaum, Elaine P. Golin, and Christina T. Shay on the Brief),Wachtell, Lipton, Rosen & Katz, New York, Ny For Mf Global Appellees. Stuart J. Baskin, Herbert S .Washer, and Adam S. Hakki, Shearman & Sterling Llp, New york, Ny For Underwriter Appellees.
For defendant:
Case number: 09-3919-Cv

Cite as: Iowa Public Employees' Retirement System v. Merrill Lynch, Inc. 09-3919-Cv, NYLJ 1202472076104, at *1 (2nd Cir., September 14, 2010)Before: Jacobs, Ch.

April 26, 2010 |

Securities Class Actions Down But Local Firms Are Busy

A recent survey has ranked four Philadelphia-area plaintiffs' firms among the top 20 in the country in terms of securities class action settlements in 2009, but a separate study also showed a national trend of decreased filings over the past year.
5 minute read
May 26, 2009 |

Public Bond Issuers Seek Costs Caused by Insurers

A recent article by David Weinstein in Legal affiliate The New Jersey Law Journal explained that the "subprime mortgage meltdown morphed [into] the municipal bond market" when bond insurance companies' credit ratings were downgraded.
9 minute read
August 25, 2009 |

Study Confirms: Institutional Investors Promote Purpose of Securities Laws

This has been an unusual year for securities litigators. While the economic crisis has led to new case filings in the first six months of 2009, the cases are largely focused on the financial sector and address subjects related to the lost value of assets backed by subprime and other debt.
7 minute read
October 10, 2003 |

Judge Dismisses Class Action Against Mortgage Company

In a victory for the mortgage industry, a federal judge has dismissed a nationwide consumer class action against GMAC Mortgage Group after finding that the Real Estate Settlement Procedures Act does not prohibit mortgage brokers from marking up the fees charged by third-party services providers, such as underwriters, unless there is evidence of an illegal kickback.
5 minute read
July 07, 2005 |

European Trade Group Must Turn Over Docs

In a class action antitrust suit against the top manufacturers of automotive refinishing paint that has already generated more than $66 million in settlements, the plaintiffs' lawyers who are battling the remaining two defendants have now won a significant victory that forces a European trade organization to turn over documents.
7 minute read
July 22, 2005 |

Recalling John Roberts From His Harvard Days

John Roberts' Harvard classmates remember the U.S. Supreme Court nominee as a brilliant but modest individual with balanced views. "If he has a deep-seated, far-right ideology, he hid it from us for three years," said Mark Rosen, now a partner at Barrack, Rodos & Bacine. Rosen also recalls that Roberts had two goals when they were in their first year at Harvard: becoming a professor at the law school or serving on the high court. "It's up to him to say whether he got the consolation prize," Rosen said.
4 minute read
July 22, 2005 |

Recalling John Roberts From His Harvard Days

John Roberts' Harvard classmates remember the U.S. Supreme Court nominee as a brilliant but modest individual with balanced views. "If he has a deep-seated, far-right ideology, he hid it from us for three years," said Mark Rosen, now a partner at Barrack, Rodos & Bacine. Rosen also recalls that Roberts had two goals when they were in their first year at Harvard: becoming a professor at the law school or serving on the high court. "It's up to him to say whether he got the consolation prize," Rosen said.
4 minute read
March 20, 2013 |

Court Puts New York Litigation on Hold in NYSE M&A Battle

New York Supreme Court Justice Shirley Kornreich was none too pleased earlier this year to find herself in a tug of war with Delaware's top business court judge, Leo E. Strine Jr., in litigation over NYSE Euronext's $8.2 billion sale to IntercontinentalExchange. "Who — please tell me it's not Chancellor Strine who has the Delaware cases?" she pleaded back in January.
2 minute read
Apollo Group, Plaintiffs Lawyers Reach $145 Million Truce in Securities Class Action over University of Phoenix Student Recruitment
Publication Date: 2011-12-02
Practice Area:
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Seven years after shareholders first accused Apollo Group of misleading them about a government report on student recruitment practices at the Apollo-owned, for-profit University of Phoenix, the class action plaintiffs lawyers behind the litigation may finally see a payday. On Nov. 29 a federal judge in Arizona preliminarily approved a $145 million settlement, with up to $48.3 million set aside for lead class counsel at Barrack Rodos & Bacine and other firms.

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