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Merkin funds win dismissal of Madoff lawsuits
Court rules no misrepresentation was made when defendants relied on Madoff to follow funds’ stated investment strategies.
Judge Tosses BP Shareholders’ Claims Arising From Oil Spill
Court rules derivative action should be litigated in England.
SEC case dismissed against ex-San Diego official caught in pension scandal
All charges and claims against former assistant city auditor dropped or thrown out by courts.
Gupta Wins Procedural Battle With SEC, But Fight Far From Over
SEC defendant succeeds in getting AP dismissed.
Morgan Keegan wins dismissal of SEC lawsuit
Judge finds firm adequately disclosed the debt’s risks to investors.
Will Tourre be last SEC defendant to benefit from Morrison?
Some SEC claims dismissed under NAB v. Morrison.
New York high court rejects $900 mln suit against America Movil
Shareholders barred from bringing fraud, breach-of-contract claims by a release entered into in 2003.
Bank of America Wins Dismissal From Countrywide Mortgage Securities Suit
Court rules BofA not liable for actions of Countrywide unit.
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.