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Browse: Home / 2012 / March / 22 / In Diamond case, judge appoints MissPERS — but not its lawyers

In Diamond case, judge appoints MissPERS — but not its lawyers

By Securities Docket on March 22, 2012, 1:06 pm

The Mississippi Public Employees Retirement System is not a professional securities class action plaintiff, according to U.S. District Judge William Alsup of San Francisco federal court. Late Tuesday, after a bruising fight between MissPERS and the New England Carpenters Guaranteed Annuity and Pension funds, Alsup appointed the Mississippi fund to lead a juicy securities class action against Diamond Foods. Alsup rejected arguments by the New England funds’ lawyers at Robbins Geller Rudman & Dowd that MissPERS had exceeded the statutory limit for lead counsel appointments.

via In Diamond case, judge appoints MissPERS — but not its lawyers. — On the Case

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Posted in Class Actions, Top | Tagged Lead Counsel, Lead Plaintiff

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