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Judge Certifies Class In Securities Class Action Suit Against Sanofi Aventis
NEW YORK - In an opinion made available on March 21, a federal judge in New York certified a class of investors in a securities class action lawsuit, but ruled that one of the lead plaintiffs in the...
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Citigroup, Others To Pay $730M To Settle Federal Securities Law Claims
NEW YORK - Shareholders and Citigroup Inc. and other defendants in a securities class action lawsuit alleging that the defendants misrepresented the investment quality of stock offerings in violation...
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Securities Class Action Settlements Reach 14-Year Low, Cornerstone Report Shows
BOSTON - Although 2012 saw the number of securities class action settlements reach a 14-year low, the total settlement dollars for the year increased by more than 100 percent over 2011, according to a...
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AIG: 2nd Circuit Should Affirm Dismissal Of Derivative Suit
Case: Starr International Co. Inc., individually and derivatively on behalf of American International Group Inc. v. Federal Reserve Bank of New York, et al., No. 12-5022, 2nd Cir.; See March 2013, Page...
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Banks Ask 2nd Circuit To Overturn Discovery Rulings In FHFA Suits
Case: In Re: FHFA Coordinated Securities Litigation, No. 13-1122, 2nd Cir....(read more)
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Tyco Wants 3rd Circuit To Rehear Whistle-Blower Suit
Case: Jeffrey Wiest, et al. v. Thomas Lynch, et al., No. 11-4257, 3rd Cir.; See May 2012, Page 47....(read more)
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Allscripts Moves For Dismissal Of 'Illogical' Fraud Class Action
Case: Bristol County Retirement System v. Allscripts Healthcare Solutions Inc., et al., No. 12-03297, N.D. Ill.; See May 2012, Page 58....(read more)
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UBS Says Amended Fraud Complaint Adds Nothing Meaningful
Case: C.D.T.S. No. 1 and A.T.U. Local 1321 Pension Plan v. UBS AG, et al., No. 12-4924, S.D. N.Y.; See January 2013, Page 41....(read more)
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U.S. Bank, Chase Responsible For Peregrine Fraud, Plaintiffs Argue
Case: In re Peregrine Financial Group Customer Litigation, No. 12-5546, N.D. Ill.; See March 2013, Page 42....(read more)
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Shareholder Moves To Halt Focus Media's 'Inadequate' Sale
Case: Iron Workers Mid-South Pension Fund v. Focus Media Holding Ltd., et al., No. 13-0827, N.D. Calif....(read more)
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Investors Say RMBS Claims Against Bear Stearns Should Not Be Dismissed
Case: National Credit Union Administration Board v. Bear, Stearns & Co. Inc., et al., No. 12-2781, D. Kan.; See March 2013, Page 43....(read more)
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Hedge Fund Operator Says Ban Would Be 'Excessively Harsh'
Case: Securities and Exchange Commission v. Patrick G. Rooney, et al., No. 11-8264, N.D. Ill....(read more)
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Former Goldman VP Wants Phone Call Excluded From SEC Case
Case: Securities and Exchange Commission v. Fabrice Tourre, No. 10-3229, S.D. N.Y.; See November 2012, Page 30....(read more)
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Pfizer Argues For Dismissal Of Class Action
Case: Security Police and Fire Professionals of America Retirement Fund v. Pfizer, Inc., et al., No. 10-3105, D. N.J.; See March 2013, Page 46....(read more)
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Shareholders Urge Retention Of Chevron, FedEx Forum Bylaws
Case: Boilermakers Local 154 Retirement Fund, et al. v. Chevron Corp., et al., No. 7220, Del. Chanc.; See May 2012, Page 57....(read more)
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Shareholder Wants Money Back From 'Unauthorized' Central Bancorp Stock
Case: Edward Roush Jr., Trustee For The Rush Family Trust v. Central Bancorp Inc., et al., No. DC-12-05552, 191st Judicial Dist., Dallas County, Texas....(read more)
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Berry Petroleum Shareholder Sues To Block Sale
Case: Nancy P. Assad Trust v. Berry Petroleum Co., et al., No. 13-0544, D. Colo....(read more)
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Investor Files Class Action Over Energy Company's Terminated Sale
Case: John Phillips v. Harvest Natural Resource, et al., No. 13-0801, S.D. Texas....(read more)
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Caterpillar Shareholder Targets 'Grossly Overpaid' Purchase Of Chinese Company
Case: City of Sterling Heights General Employees' Retirement System v. Douglas R. Oberhelman, et al., No. 13-1141, C.D. Ill....(read more)
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Maxwell Shareholder Says Revenue Revision Was Fraudulent
Case: Joshua Weinstein v. Maxwell Technologies Inc. et al., No. 13-0686, S.D. Calif....(read more)
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