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NY state court throws out lawsuit challenging JPMorgan-Bear Stearns merger. http://is.gd/ahtd # Australia: Investors in Fincorp intend to file securities class action against Sandhurst Trustees, the company’s trustee. http://is.gd/adU0 # K&L Gates and Bell, Boyd & Lloyd discussing merger. If approved, would create a firm of approximately 2,000 lawyers in 30 offices. # SEC Recovers […]
The Australian Broadcasting Corporation reports that while the global financial crisis has claimed some high profile victims in Australia — ABC Learning, Allco Finance and Opes Prime, among other companies — shareholders are now hitting back with securities class actions totalling more than a billion dollars. Angela Pearsall (pictured), a litigation partner at the law firm […]
The WSJ has an interesting video about the boom in litigation outsourcing to places like India that has resulted from the financial crisis:
Nathan Koppel of the WSJ has a great article today in which he tracks down Tower Snow Jr., a securities litigator and former chairman of Brobeck, Phleger & Harrison. As Koppel describes him, Snow was “one of the more exciting, polarizing and controversial figures in the legal business over the past decade.”
David Z. Seide has joined international law firm Curtis, Mallet-Prevost, Colt & Mosle as a partner in its DC office. Seide, a former AUSA in Los Angeles, joins Curtis’ Securities Enforcement practice within its White Collar Crime group. According to an announcement today by Curtis, Seide will focus his practice in three main areas: securities […]
The winner of the first-ever Securities Docket coffee mug, promised to the person who was our 300th email subscriber is… Mark E. Schell, Senior Vice President and General Counsel of Unit Corp. in Tulsa, Oklahoma. Congrats, Mark, and thank you!
Three white collar/securities litigators have joined Skadden Arps as partners in its New York office. John Carroll, David Meister and Warren Feldman — all previously partners at Clifford Chance — are joining Skadden’s White Collar Crime Group.
Donald Walker and Linda A. MacDonald, both formerly with the SEC, have both joined FTI Consulting as Senior Managing Directors. FTI announced today that Walker and MacDonald have joined its Forensic and Litigation Consulting practice. Walker joins FTI after 17 years with the SEC, where he was a Senior Assistant Chief Accountant in the Division […]
University of Michigan Law School Professor Adam Pritchard’s idea to reform securities class actions via shareholder proposal has moved from a purely academic discussion to the real world, and has been submitted to Alaska Air (details here). What are this proposal’s chances? Please click on the “Read full story” link below to vote.