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Join the Securities Litigation and Enforcement Group on LinkedInSecurities Docket News Wire for Jan. 25, 2009
Scotland: QC Calls on Ministers to Allow Class Actions Against Banks. http://is.gd/hdt3 # UK: Litigation Funder Juridica Seeks to Cash in on “Unsophisticated and Relatively Naïve” Litigation Market. http://is.gd/hcpG # Indian police detain PwC staff in Satyam probe. http://is.gd/hbMp # Accountant for hedge funds run by SEC defendant Arthur Nadel has not been licensed in […]
UK: Litigation Funder Juridica Seeks to Cash in on “Unsophisticated and Relatively Naïve” Litigation Market
A closed ended fund in the UK called Juridica is looking for big returns investing in what it believes to be “an unsophisticated and relatively naïve” litigation market, the FT reports. “Cases are expensive to fund; there should be room for private capital,” says Neil Woodford, head of investment for Invesco Perpetual UK, which has […]
Guest Column: Betting the Corporation — Compliance or Defiance?
Guest columnists Lawrence D. Finder and Ryan D. McConnell offer highlights of their new article that updates their deferred prosecution agreement and non-prosecution agreement statistics.
Pres. Obama Selects Lanny Breuer as Assistant AG for DOJ’s Criminal Division
President Obama has named Lanny A. Breuer as Assistant Attorney General for the DOJ’s Criminal Division. The Federal Times reports that the selection was made last week along with three other key Assistant AG positions ( David Kris, assistant AG for national security; Tony West, assistant AG for the Justice Department’s civil division; and Christine […]