‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn
By Securities Docket on December 13, 2022, 11:31 pm
On December 13, 2022, the U.S. Supreme Court granted the petition of Slack Technologies to have the court take up the question of the plaintiff’s standing to pursue ’33 Act liability claims against the company. The standing question arises because the plaintiff bought his Slack shares in connection with the June 2019 transaction in which […]
Posted in Class Actions, Top | Tagged Standing
By Securities Docket on June 21, 2013, 11:01 am
The trustee overseeing recovery efforts on behalf of victims in the Bernard Madoff multi-billion dollar Ponzi scheme does not have standing to sue financial institutions for aiding and abetting the fraud, the U.S. Court of Appeals for the Second Circuit ruled. The circuit rejected the appeal of Securities Investor Protection Act (SIPA) trustee Irving Picard […]
Posted in Criminal, Industry, Top | Tagged Madoff, Standing, Trustees
By Securities Docket on November 2, 2011, 11:11 am
Court rules trustee lacks standing to bring common-law claims against J.P. Morgan and UBS.
Posted in Criminal, Industry, Top | Tagged Standing, Trustees
By Securities Docket on November 4, 2009, 10:47 am
Fifth Circuit questions trustee’s standing to pursue people the SEC has not.