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You are browsing the archive for March 2009.
Securities Docket News Wire for March 25, 2009
Securities class action lawsuit filed in the USDC for D. Ariz. against Insight Enterprises, Inc. http://is.gd/oXhm # Canada: Livent founders guilty of fraud and forgery. http://is.gd/oVe5 # Diebold’s CFO steps down in face of SEC probe. http://is.gd/oTho # Intel first to offer live Internet voting at annual meeting. http://tinyurl.com/dfglwl # Contenders for Lead Plaintiff Role [...]
Archived Version and Materials Now Available For Today’s Webcast (Mar. 25)
The slides used in today’s webcast (“The JDSU Verdict One Year Later: Lessons from the Largest Securities Class Action Trial in History”) are now available and can be obtained here. In addition, the archived version of the webcast is now available here.
Today’s Webcast (March 25): Materials Available Here
The presentation materials for today’s webcast sponsored by Cornerstone Research entitled “The JDSU Verdict One Year Later: Lessons from the Largest Securities Class Action Trial in History” are now available here.
The “SCAS 50″ for 2008: Top Plaintiffs’ Firms for Securities Class Actions
Today, RiskMetrics Group’s Securities Class Action Services (SCAS) released its sixth annual “SCAS 50″ report that lists the top 50 plaintiffs’ law firms ranked by the total dollar amount of securities class action settlements that become final that year and in which the law firm served as lead or co-lead counsel. SCAS’ Securities Litigation Watch [...]
Contenders for Lead Plaintiff Role Emerge in Bank of America Securities Class Action
The contest to see which group and which law firm ends up representing the class in the securities class action filed against Bank of America is heating up. The American Lawyer reports that the two leading contenders for lead plaintiff appear to be either a combination of major California pension funds, CalPERS and CalSTERS; or [...]
HealthSouth Shareholders Settle Case Against E&Y for $109 Million
On Tuesday, shareholders of HealthSouth announced a $109 million settlement with Ernst & Young, the company‘s accountant. The class’ attorneys claimed the settlement was one of the top settlements ever with an accounting firm. The American Lawyer reports that the settlement comes just days before the scheduled class certification hearing in case. Following the settlement, [...]
Webcast Today, 2 pm Eastern — JDSU: Lessons from the Largest Securities Class Action Trial in History
Today, March 25, 2009, Cornerstone Research is sponsoring a webcast entitled “The JDSU Verdict One Year Later: Lessons from the Largest Securities Class Action Trial in History” that will feature two of the key players in that historic trial. Jordan Eth, co-lead trial counsel for JDS Uniphase and several individual defendants, and Allan Kleidon, testifying [...]
Securities Docket News Wire for March 24, 2009
The List: Blogs, Websites and Other Feeds Included in the Securities Litigation and Enforcement Group News. http://is.gd/oKCr # High-Profile Plaintiffs Attorneys Start to Beat the War Drums Over AIG Bonuses. http://tinyurl.com/ce2wrv # Alarm Bells for Allen? Stanford Financial’s No. 2 to Cooperate With the Feds. http://is.gd/oIDa # Lloyd’s of London warns of rise in lawsuits [...]
The List: Blogs, Websites and Other Feeds Included in the Securities Litigation and Enforcement Group News
By popular demand, here is the list of the outstanding blogs, websites and other feeds that currently flow into the News tab of the Securities Docket Securities Litigation and Enforcement Group on LinkedIn.com. Please submit additions to this list in the comments or send them to us via email.
SEC’s OCIE Unit Ramps Up Training on Detecting Ponzi Schemes
Burned by its high-profile failure in the Madoff case, the SEC is ramping up its training of staff on how to detect certain types of securities fraud. Reuters reports that the SEC’s inspection unit (the Office of Compliance Inspections and Examinations) is now offering 90-minute classes for employees on topics such as “Basics of Ponzi [...]