Tag: Lead Counsel

Political “Shoving Match” in North Carolina Rebuts Lead Plaintiff Presumption in Freddie Mac Case

On Monday, US Judge John F. Kennan of the SDNY appointed Central States, Southeast and Southwest Areas Pension Fund as lead plaintiff and Coughlin Stoia as lead counsel in the securities class action against Freddie Mac pending in that court.  Central States beat out the City of Austin Police Retirement System and Richard H. Moore, Treasurer and Sole Trustee of…

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Kirby McInerney Appointed Lead Counsel in Wachovia Securities Class Actions

The law firm Kirby McInerney has been appointed lead counsel and the New York City Pension Funds as lead plaintiff in two class actions filed against Wachovia Corporation in the Southern District of New York, the firm announced on Wednesday.  The cases allege that Wachovia and its executives misrepresented and failed to disclose Wachovia’s exposure to the subprime market, including…

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Susman Godfrey & Berger & Montague Appointed Co-Lead Counsel in IndyMac Securities Class Action

Susman Godfrey announced on Friday that it has been appointed co-lead counsel in the securities class action against IndyMac Bancorp.   The firm announced that on September 12, 2008, Judge George Wu of the US District Court for the Central District of California appointed Susman Godfrey as co-lead counsel in the case, which has been consolidated as Folsom v. IndyMac Bancorp,…

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Brower Piven and Levi & Kersinski Named Lead Counsel in E*Trade Securities Class Action

The U.S. District Court for the Southern District of New York has appointed the law firms of Brower Piven and Levi & Kersinski, as the lead and co-lead plaintiffs’ counsel in the securities class action against E*Trade Financial Corp. (ETFC). According to the Stanford Securities Class Action Clearinghouse (citing Sunstream News), the lawsuit alleges that the company issued materially false and misleading…

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Kirby McInerney Law Firm Named Lead Counsel in Citigroup Securities Class Action

The law firm Kirby McInerney LLP announced Wednesday that it has has been appointed lead counsel in a securities class action against Citigroup Inc (C). The action is brought on behalf of all persons who purchased or otherwise acquired the common stock of Citigroup between January 2, 2004 and November 21, 2007, and alleges that the defendants issued materially false and…

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