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July 21 Webcast – Securities Litigation Issues Facing Institutional Investors
On July 21, 2009, Riskmetrics Group’s Securities Class Action Services will sponsor a webcast entitled “Securities Litigation Issues Facing Institutional Investors.” The webcast will feature a dynamic panel of securities litigation experts and academics who will examine the fiduciary duties of institutional investors and discuss significant topics, such as: Monitoring the portfolio: When and why [...]
Institutional Investors Receive $141 Million Jury Verdict Against Bank of America
Late Thursday, a federal jury in the SDNY returned a verdict finding Bank of America liable in the amount of $141 million in a securities fraud trial that centered on the sales of certain asset-backed securities in 1998. Bank of America must pay $141 million ($101 million plus interest) to a dozen institutional plaintiffs, including [...]