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Longtop CFO Loses Bid to Dodge Securities Class Action
Publication Date: 2012-07-02
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Longtop Financial Technologies, the Chinese company whose fortunes were upended last year by a billion-dollar accounting scandal, has yet to file an appearance in federal multidistrict litigation accusing it of massive securities fraud. After reading the most recent opinion in the case, we can understand why Longtop might be avoiding U.S. courts.

January 09, 2013 |

Investors Get Green Light to Pursue Some Claims Against Ratings Agencies

Southern District Judge Shira Scheindlin ruled that two institutional investors can go to trial with fraud claims against Moody's Corp., Fitch Ratings Inc. and Standard & Poor's Financial Services LLC, which all gave Rhinebridge, a $1.1 billion structured investment vehicle, their top rating before its 2007 collapse.
4 minute read
January 23, 2001 |

D.C.'s 2000 Honor Roll

From Akin, Gump, Strauss, Hauer & Feld to McDermott, Will & Emery, Washington, D.C. firms make their partner picks for 2001.
39 minute read

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