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Judge Approves Madoff Trustee’s Method of Calculating Losses
Court declines to base losses on phony account statements.
Supreme Court Declines to Hear Pimco Appeal in Market Manipulation Case
Supreme Court declines to hear Pimco’s challenge to certification of $600 million class action.
Australian Shareholders Missing Out on Billions in US Settlements
Recent study says Australian pension funds leave billions on table in US settlements.
Australia: No AWB Final Settlement Until at Least April
AWB shareholder settlement in Iraq kickback case will not be finalized until at least April 2010.
Australia: AWB Agrees to Pay $40 Million to Settle Iraq Kickback Case
AWB agrees to pay $39.5 million to settle securities class action, end ongoing trial.
Australia: $100 Million AWB Class Action Begins
Rare securities class action trial against AWB begins in Australian Federal Court.
N.C. Judge Upholds Settlement in Wachovia Shareholder Litigation
Judge upholds settlement in shareholder lawsuit over sale of Wachovia to Wells Fargo.
Jury Finds Against Vivendi in Rare Securities Class Action Trial
Jury finds against Vivendi, damages may be in the billions.
Rating Agencies Off the Hook in Lehman Case
Investors’ suit against Moody’s and Standard and Poor’s dismissed.
Florida Caps Attorneys’ Fees for its Securities Class Action Cases
Florida approves cap on the fees of firms handling state’s securities class actions.