Large Investors Sue Bank of America August 1, 2011 By Jonathan Stempel Bank of America Corp. was sued by 15 former Countrywide Financial Corp. institutional investors who said they lost money after...
Supreme Court Hears Securities Fraud Loss Causation Arguments April 27, 2011 By Carlyn Kolker and James Vicini The U.S. Supreme Court considered Monday whether to make it more difficult for shareholders to proceed with certain class-action securities-fraud...
High Stakes in Today’s Supreme Court Case on Securities Fraud Suits April 25, 2011 By Carlyn Kolker The U.S. Supreme Court on Monday is set to hear arguments in a case that could dramatically raise the bar...