Litigation

In Wall Street Cases, Who Pays The Legal Fees?

With more high-stakes cases being filed, the question of who pays…

Spitzer, Sued By Greenberg, Fires Back

Responding to a defamation lawsuit filed against him by AIG’s former CEO Hank Greenberg, the former New York attorney general, […]

New SEC Target: Improper Accounting For Cloud Services

The SEC recently announced the formation of a task force that will look for…

Smaller Acquisitions Getting Antitrust Scrutiny

Under the Obama administration, federal antitrust enforcers have challenged a number of deals that were too small to require reporting […]

Securities Litigation and News For The Week Ending August 9

Another case involving mortgage-backed securities, this time at Bank of America; UBS Securities settles over an alleged failure to disclose […]

Best Shot At Scuttling Dodd-Frank Dismissed In Federal Court

The plaintiffs, including a Texas bank, two conservative groups and the attorneys general of 11 states, alleged that powers given […]

Time To Get Rid Of “Vicarious Liability”?

The standard for alleging vicarious liability in corporate cases is so low that it immediately shifts virtually all the power to the prosecution.

A Shrunken Class Still Fails In Round Two Of Walmart Suit

Responding to a Supreme Court decision that said the putative class in a discrimination lawsuit was too disparate to qualify, […]

Banned Quarter Horse Clones Breed An Antitrust Suit

A federal jury in Texas has ruled against the American Quarter Horse Association, which since 2004…

$18 Million Damages Against Equifax For Recalcitrant Report Correction

The $18.4 million punitive damages award will just be booked as a cost of doing business, according to some observers, […]

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