Trump’s SEC Considering Shielding Companies from Investor Class Action Suits January 29, 2018 By Ben Bain In its determination to reverse a two-decade slump in U.S. stock listings, a regulator might offer companies an extreme incentive...
iStar Financial Settles Shareholder Lawsuit for $29 Million September 10, 2012 The New York finance company iStar Financial Inc. has reached a $29 million settlement of a lawsuit accusing it of...
Goldman Execs Win Dismissal of Mortgage, TARP Lawsuit by Shareholders August 15, 2012 By Jonathan Stempel Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and other bank officials won the dismissal of a shareholder lawsuit accusing...
Facebook, Banks Want Shareholder Lawsuits in New York Court June 15, 2012 Facebook Inc. and its lead underwriters Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. have requested that...
Wall Street Fights Back vs. Expert Witness in Lawsuits February 14, 2012 By Suzanne Barlyn For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of...
Court Dismisses U.S. Suit Against BP Executives, Directs Investors to File in UK September 19, 2011 By Moira Herbst Current and former BP executives and directors won dismissal last week of one of several U.S.-shareholder lawsuits filed over last...
Shareolders Using ‘Say-on-Pay’ Votes in Lawsuits Against Boards May 13, 2011 By Dena Aubin Shareholders upset with ever-higher executive compensation packages are using new “say-on-pay” votes to challenge the payouts in court, a tactic...
MBIA Shareholder Lawsuit Revived by Federal Appeals Court March 1, 2011 By Jonathan Stempel A federal appeals court on Monday gave new life to a shareholder lawsuit accusing MBIA Inc of securities fraud over...
New Business Court Judge Rattles Lawyers in Shareholder Suits February 15, 2011 By Tom Hals Lawyers involved in corporate litigation understandably might want to avoid the newest judge on one of the top U.S. business...
Firms Can Avoid Shareholder Lawsuits with Kid Behavior February 8, 2011 When companies are looking at bad earnings news, a new study from the University of Iowa suggests it’s best for...