Lots of bond investors are out there threatening suits over the toxic mortgages underlying billions of dollars of securitization offerings. Quinn Emanuel's clients are actually filing them.

The mortgage lender Countrywide Financial, absorbed by Bank of America in 2008, has agreed to pay $500 million to resolve class claims that it misled mortgage-backed securities investors. The record deal brings an end to a long legal battle that didn't unfold quite as plaintiffs lawyers had hoped.

Between a big appellate victory last month and plans for a 22-city expansion, the online television company Aereo Inc. has been on quite a roll. Now it's up to Fish & Richardson, Winston & Strawn, and Constantine Cannon to make sure Aereo's enemies can't kill the momentum.

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.

Before the SEC brought civil insider-trading charges against the Deutsche Bank bond salesman who allegedly tipped off a hedge fund portfolio manager, Deutsche Bank conducted its own investigation of contacts between the two men, in which Khuzami himself questioned the bank's bond salesman. After the internal investigation, Deutsche Bank took no action against its salesman--meaning that the SEC lawyers who filed suit disagreed with the judgment of the man who's now their boss.