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Florida Brings New Levels of Transparency to Selection of Securities Class Action Counsel
Florida selection process includes public hearings and scorecards for prospective counsel.
Hagens Berman Appointed Lead Counsel in Reserve Yield Plus Funds Litigation
Law firm appointed lead counsel by Judge Paul Gardephe (SDNY).
Court Consolidates Reserve Primary Cases, Names Bernstein Litowitz Lead Counsel
Court also appoints Third Avenue Institutional International Value Fund LP as lead plaintiff.
Labaton Sucharow Appointed Lead Counsel in Colonial BancGroup Case
Labaton Sucharow LLP has been appointed lead counsel in the securities class action against Colonial BancGroup. Myron H. Thompson of the Middle District of Alabama has also appointed State-Boston Retirement System, Norfolk County Retirement System, City of Brockton Retirement System, and Arkansas Teacher Retirement System as lead plaintiffs. The lead plaintiffs represent a class of [...]
Court Appoints Co-Lead Plaintiffs and Counsel in RBS Securities Class Action
The court in the securities class action lawsuit against the Royal Bank of Scotland has named The Massachusetts Pension Reserves Investment Management Board (MassPRIM) and Mississippi Public Employees Retirement System (PERS) co-lead plaintiffs in the case, and the law firms of Cohen Milstein Sellers & Toll, Wolf Popper and Labaton Sucharow as co-lead counsel. These [...]
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 [...]
Political “Shoving Match” in North Carolina Rebuts Lead Plaintiff Presumption in Freddie Mac Case
On Monday, US Judge John F. Kennan of the SDNY appointed Central States, Southeast and Southwest Areas Pension Fund as lead plaintiff and Coughlin Stoia as lead counsel in the securities class action against Freddie Mac pending in that court. Central States beat out the City of Austin Police Retirement System and Richard H. Moore, [...]
Kirby McInerney Appointed Lead Counsel in Wachovia Securities Class Actions
The law firm Kirby McInerney has been appointed lead counsel and the New York City Pension Funds as lead plaintiff in two class actions filed against Wachovia Corporation in the Southern District of New York, the firm announced on Wednesday. The cases allege that Wachovia and its executives misrepresented and failed to disclose Wachovia’s exposure [...]
Susman Godfrey & Berger & Montague Appointed Co-Lead Counsel in IndyMac Securities Class Action
Susman Godfrey announced on Friday that it has been appointed co-lead counsel in the securities class action against IndyMac Bancorp. The firm announced that on September 12, 2008, Judge George Wu of the US District Court for the Central District of California appointed Susman Godfrey as co-lead counsel in the case, which has been consolidated [...]
Brower Piven and Levi & Kersinski Named Lead Counsel in E*Trade Securities Class Action
The U.S. District Court for the Southern District of New York has appointed the law firms of Brower Piven and Levi & Kersinski, as the lead and co-lead plaintiffs’ counsel in the securities class action against E*Trade Financial Corp. (ETFC). According to the Stanford Securities Class Action Clearinghouse (citing Sunstream News), the lawsuit alleges that the company [...]