On June 14, 2010, the Supreme Court granted certiorari in a private securities fraud class action,Matrixx Initiatives, Inc. v. Siracusano. 560 U.S. ___ (Jun. 14, 2010) (No. 09-1156) (“...
Yesterday the United States Supreme Court issued a significant opinion on the statute of limitations applicable to federal securities fraud claims under § 10(b) of the Securities Exchang...
As we have previously discussed, the Securities and Exchange Commission (“SEC”) recently issued guidelines for assessing individual cooperation in investigations and enforcement actio...
As we have previously discussed, the Securities and Exchange Commission (“SEC”) Director of Enforcement Robert Khuzami recently unveiled new tools designed to help the SEC Staff accel...
Few consumer protection statutes nationwide are as expansive as California’s Unfair Competition Law, a statute that protects consumers from “unlawful, unfair or fraudulent” business...
An uptick in mergers and acquisitions has led to more litigation seeking to stop the deals
As 2009 has progressed, we have seen the return of significant public company mergers and acqui...
As 2009 has progressed, we have seen the return of significant public company mergers and acquisitions activity and, with it, shareholder litigation seeking to enjoin high value deals. So...