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May 17, 1999 |

'Lead Plaintiff' Gets Lesson in Securities Class Actions

Charles Chalmers, a San Francisco lawyer, unknowingly became a "lead plaintiff" in one of 23 class actions alleging securities fraud by Digital Lightwave Inc., a maker of test products for high-speed telecommunications networks. Chalmers' experience sheds light on what happens in practice under the reforms to investor class actions that Congress enacted in 1995 to target abuses by plaintiffs lawyers. And if his saga is any example, the law may not be working as Congress intended.
8 minute read
March 21, 2005 |

Medical Society of New Jersey v. AmeriHealth HMO, Inc. et al

In this action alleging that defendant-health insurer has wrongfully denied or delayed payment to doctors for services properly rendered under their contracts, the complaint does not state a cause of action for violation of public policy, the Consumer Fraud Act, or tortious interference; plaintiff does not have standing to assert breach of contract or breach of the duty of good faith and fair dealing, and cannot maintain an action for injunctive or declaratory relief under the HINT Act.
9 minute read
April 08, 2010 |

Mutual funds, investors both declare victory

The U.S. Supreme Court accepts a 28-year-old standard for assessing fees charged by mutual fund advisers.
3 minute read
March 13, 2002 |

Claims Against Sotheby`s Revived

IN A DECISION that at least one lawyer said could affect the million dollar class action settlement in the Christie`s and Sotheby`s price fixing case, the U.S. Court of Appeals for the Second Circuit yesterday reinstated claims by customers involved in auctions overseas.
5 minute read
January 18, 2007 |

Corporate Securities

John C. Coffee, Jr., the Adolf A. Berle Professor of Law at Columbia University Law School, offers friendly, but unsolicited advice on securities legislation to the new Democratic majority in Congress; on "pay to play" to Governor Spitzer, and on the Martin Act to Attorney General Cuomo.
12 minute read
February 24, 2004 |

Updates: Corporate Crime

4 minute read
July 13, 2001 |

ABA Rates Bush's Judicial Nominees 'Well Qualified'

When President Bush ended the American Bar Association's prescreening of judicial candidates, one critic said Bush was "afraid that a poor ABA rating might come between some of his far-right candidates and a seat on the federal judiciary." Yet so far Bush has nothing to fear. The ABA's judicial committee, its role revived by the Democrat-controlled Senate, has given high ratings to some of the most conservative nominees.
5 minute read
April 27, 2009 |

Newsbriefs

4 minute read
February 27, 2004 |

Newsbriefs

3 minute read
June 02, 2003 |

Mediation May Rev Up Plodding Enron Civil Litigation

Just more than a month after U.S. District Judge Melinda Harmon of Houston lifted a discovery stay in the massive Enron Corp. class-action litigation, Harmon and the New York federal judge presiding over Enron's bankruptcy ordered many of the parties to mediation.
5 minute read

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