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...
Berkshire, Buffett Sued Over Sokol’s Trades April 20, 2011 By Tom Hals Warren Buffett and the rest of Berkshire Hathaway Inc.’s board of directors were sued by a shareholder Tuesday over presumed...
Securities Litigation On Track to Set New Record in 2011: Advisen April 19, 2011 Securities suit filings are on track to set a new record in 2011 once again. Following on the heels of...
Investors Suing Banks Gain Ammunition with Senate Report April 15, 2011 By Jonathan Stempel and Tom Hals Pigs. Unicorns. Money? A scathing U.S. Senate panel report faulting Goldman Sachs Group Inc., Deutsche Bank AG and others for...
Bank of America Wins Dismissal of Suits Over Merrill Lynch March 30, 2011 By Jonathan Stempel A Manhattan federal judge dismissed two lawsuits seeking to force Bank of America Corp. to sue former Merrill Lynch &...
Allstate Sues Citi, Deutsche Bank Over Mortgage Securities February 22, 2011 By Jonathan Stempel and Maria Aspan Allstate Corp. sued Citigroup Inc. and Deutsche Bank AG, accusing the banks of causing losses by hiding the risks on...
Securities Lawsuits Set New Record Despite Slowdown in Credit Crisis January 21, 2011 The number of securities lawsuits filed in 2010 edged above the record number of suits filed in 2009, despite an...