Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInLead Plaintiff
State of Michigan Named Lead Plaintiff in AIG Securities Class Action
Michigan has been named the lead plaintiff in the securities class action lawsuit against American International Group Inc. The lawsuit alleges that AIG misrepresented the risks of its investments in credit default swaps. Legal Newsline reports that the State of Michigan Retirement Systems invested in AIG on behalf of more than 600,000 state employees and [...]
UK, Dutch Pension Funds Seek Lead Plaintiff Role in US Class Action Against RBS
Two UK pension funds — Merseyside Pension Fund and North Yorkshire Pension Fund — and the Dutch metalworkers fund have filed a motion to become lead plaintiffs in a securities class action against Royal Bank of Scotland (RBS) filed in the US. The funds have retained law firm Coughlin Stoia to pursue the complaint, and [...]
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 [...]
Coughlin Stoia Named Lead Counsel in VeriFone Securities Class Action
Judge Marilyn Hall Patel of the U.S. District Court for the Northern District of California has named National Elevator Fund as lead plaintiff and Coughlin Stoia Geller Rudman & Robbins LLP as lead counsel in the VeriFone Holdings Inc. securities class action. According to a report on Stanford SCAC (citing Securities Law 360), six sets [...]
Hagens Berman Law Firm Appointed Lead Counsel in Charles Schwab Securities Class Action
On August 18, 2008, United States District Judge William Alsup appointed Hagens Berman Sobol Shapiro lead counsel in the securities class action litigation against Charles Schwab Corporation (SCHW) involving Schwab YieldPlus Funds Investor Shares (SWYSX) and Schwab YieldPlus Funds Select Shares (SWYPX). The lawsuit alleges that that Schwab deceived investors about the underlying risk in the [...]
Bernstein Liebhard & Lifshitz Appointed Lead Counsel in Technical Olympics USA Securities Class Action
Bernstein Liebhard & Lifshitz announced on Friday that on July 14, 2008, Judge Kenneth Marra of the United States District Court for the Southern District of Florida appointed the firm to act as sole lead counsel in Durgin v. Technical Olympics USA, Inc., et al. The firm represents the Bricklayers & Trowel Trades International Pension Fund, which [...]
State of Michigan Retirement Systems Seeks Lead Plaintiff Status in AIG Case
The State of Michigan Retirement Systems, represented by the law firm of Bernstein Liebhard & Lifshitz, as well as Barrack, Rodos & Bacine and The Miller Law Firm of Rochester, Mich., filed a motion on seeking to become lead plaintiff in the securities class action against American International Group. The suit alleges that AIG misled investors as [...]