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USA - January 29 2013
One clear trend from this past year is that class certification continues to be a major battleground in securities fraud and other class action cases…
USA - August 14 2012
In a recent decision, the Second Circuit Court of Appeals considered the issue of stock price rebounds in reviving a securities fraud class action suit that had been dismissed by the district court for failure to adequately allege an economic loss as a matter of law.
USA - July 9 2012
On Friday, June 29, 2012, the Texas Supreme Court denied a petition for mandamus relief in In re XL Specialty Insurance Company and Cambridge Integrated Services, Group, Inc., No. 10-0960 (Tex. June 29, 2012), clarifying the scope of the joint defense and common interest privilege doctrines under Texas law.
USA - February 3 2012
2011 was a remarkable year in the world of securities class actions, with notable decisions from the Supreme Court, and a number of interesting rulings from Circuit and District Courts as well.
USA - July 6 2011
On June 13, 2011, the Supreme Court issued its opinion in United States v. Jicarilla Apache Nation, 564 U.S. ___ (2011), holding that the fiduciary exception to the attorney-client privilege does not apply to the United States government’s administration of Indian trusts
