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Court Dismisses Securities Class Action Against CIBC Over Subprime Exposure
Court rejects argument that CIBC could have anticipated subprime crisis as alleged.
Two Finra Merger Cases Dismissed
Judge Rakoff cites absolute immunity of NASD in its regulatory function.
Judge Dismisses SEC’s Backdating Case Against Shanahan Jr.
Court throws out SEC’s backdating case finding “no evidence” defendant misled anyone.
Court Dismisses SEC Case Against Alleged Madoff Solicitors
SEC case against top Cohmad Securities executives dismissed.
Rating Agencies Off the Hook in Lehman Case
Investors’ suit against Moody’s and Standard and Poor’s dismissed.
Judge Dismisses Charges Against Remaining Broadcom Defendants
Citing prosecutorial misconduct, court dismisses charges against two remaining Broadcom defendants.
Massive Enron Securities Litigation Comes to an End
Dismissal comes after $7.2 billion in earlier settlements.
Court Dismisses Securities Class Action Against AuthenTec
Court finds statements at issue were forward-looking statements.
Court Dismisses Securities Lawsuit Against Merrill Lynch, Citing Mortgage Market Dislocation
Case against Merrill Lynch dismissed due to “profound” downturn in the mortgage market.