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Securities class action lawsuits have a better chance of going the distance with judges when they are led by institutional investors, a study has found. Between 1996 and 2010, judges dismissed 35% of cases led or co-led by an institutional investor, and 42% that weren’t. Stanford University’s law school and New York-based Cornerstone Research collaborated […]
Hear SEC Chair Mary Jo White’s detailed thoughts on SEC enforcement issues when she delivers the Afternoon Keynote Speech at Securities Enforcement Forum 2013!
The Securities and Exchange Commission judge who will oversee the agency’s administrative trial against hedge fund tycoon Steven A. Cohen has a history of presiding over high-profile and thorny cases. via SEC judge in Cohen case no stranger to high-profile cases – Reuters
SAC Capital Advisors LP and its founder Steven A. Cohen were sued by another group of Elan Corp. investors seeking to recoup money SAC allegedly made from illegally trading the company’s securities. via SAC Capital Sued by Elan Investors Over Alleged Illegal Trading – Businessweek
Get caught up with the Securities Docket News Wire for July 24, 2013.