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But I’ve noted significant changes to other characteristics of securities-litigation culture recently, which portend a paradigm shift. Over the past few years, smaller plaintiffs’ firms have initiated more securities class actions on behalf of individual, retail investors, largely against smaller companies that have suffered what I call “lawsuit blueprint” problems such as auditor resignations and […]
U.S. Attorney Melinda Haag, who handled criminal cases against state Sen. Leland Yee and baseball star Barry Bonds during five years as the chief federal prosecutor for coastal Northern California, announced her resignation Wednesday. Haag, 53, told staffers at a morning meeting in San Francisco that she will step down Sept. 1 and spend some […]
Get caught up with the Securities Docket News Wire for July 30, 2015.