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Rare Securities Class Action Trial Gets Underway in Federal Court in Chicago. http://is.gd/pJqv # UK: SFO Investigating Madoff Feeder Funds. http://is.gd/pDxw # Stanford Financial Group’s Pendergest-Holt Files Malpractice Claim Against Lawyer Who “Dropped Her in the Grease” http://is.gd/pDqT # On insider dealing, City watchdog is finding its snarl. http://is.gd/pDlP #
Securities Docket’s webcast series has proven to be an enormously popular feature. Already in 2009, over 1,700 people have registered to attend one or more Securities Docket webcasts on our “Securities Litigation and Enforcement” webcast channel. The growth and success of the Securities Litigation and Enforcement webcast channel has led to numerous recent inquiries from […]
We certainly hope that the lawyers from Coughlin Stoia Geller Rudman & Robbins and Cahill Gordon & Reindel tuned in last week for our webcast on “The JDSU Verdict One Year Later: Lessons from the Largest Securities Class Action Trial in History.” The Am Law Litigation Daily reports that those two law firms will square […]
Christopher McQuoid, the UK lawyer found guilty last week in the FSA’s first-ever criminal prosecution for insider dealing (previously discussed here), was sentenced to jail for eight months today. His father-in-law who was also found guilty, James Melbourne, was given the same sentence, but the sentence was suspended because of his age (74), the Times […]
The UK’s Serious Fraud Office has broadened its investigation into the Bernard Madoff scandal to include the London activities of certain Madoff feeder funds. The Guardian reports that a criminal investigation by the SFO into London branches of the feeder funds “suggests investigators believe certain feeder operations may have played a more actively dishonest role […]
Authentidate Holding Corp. (ADAT), announced last week that the United States District Court for the Southern District of New York dismissed with prejudice the shareholder class actions filed against the company and certain current and former directors and former officers in 2005. The company stated that it did not know if the plaintiffs intended to […]
Laura Pendergest-Holt, Stanford Financial Group’s chief investment officer, filed a $20 million malpractice lawsuit on Friday against an outside lawyer for the company who accompanied her to SEC testimony on February 10. Within days of the testimony, as discussed here, the lawyer had withdrawn from the case altogether and Pendergest-Holt had been both sued by […]