Daily Archives: March 25, 2009, 11:59 pm

Securities Docket News Wire for March 25, 2009

Securities class action lawsuit filed in the USDC for D. Ariz. against Insight Enterprises, Inc. http://is.gd/oXhm # Canada: Livent founders guilty of fraud and forgery. http://is.gd/oVe5 # Diebold’s CFO steps down in face of SEC probe. http://is.gd/oTho # Intel first to offer live Internet voting at annual meeting. http://tinyurl.com/dfglwl # Contenders for Lead Plaintiff Role Emerge in Bank of America…

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The “SCAS 50” for 2008: Top Plaintiffs’ Firms for Securities Class Actions

Today, RiskMetrics Group’s Securities Class Action Services (SCAS) released its sixth annual “SCAS 50” report that lists the top 50 plaintiffs’ law firms ranked by the total dollar amount of securities class action settlements that become final that year and in which the law firm served as lead or co-lead counsel. SCAS’ Securities Litigation Watch blog reports that for 2008,…

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HealthSouth Shareholders Settle Case Against E&Y for $109 Million

On Tuesday, shareholders of HealthSouth announced a $109 million settlement with Ernst & Young, the company‘s accountant.  The class’ attorneys claimed the settlement was one of the top settlements ever with an accounting firm.  The American Lawyer reports that the settlement comes just days before the scheduled class certification hearing in case. Following the settlement, HealthSouth shareholders still have pending…

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Webcast Today, 2 pm Eastern — JDSU: Lessons from the Largest Securities Class Action Trial in History

Today, March 25, 2009, Cornerstone Research is sponsoring a webcast entitled “The JDSU Verdict One Year Later: Lessons from the Largest Securities Class Action Trial in History” that will feature two of the key players in that historic trial. Jordan Eth, co-lead trial counsel for JDS Uniphase and several individual defendants, and Allan Kleidon, testifying expert for the defense on…

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