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Results: 1-6 of 6

Judge tightens Madoff-related claims against PricewaterhouseCoopers

  • Sedgwick LLP
  • -
  • USA
  • -
  • August 31 2012

In another claim initiated as a result of the Madoff Ponzi scheme, a putative class action styled Anwar, et al. v. Fairfield Greenwich Ltd., et al., U.S. District Judge for the Southern District of New York Victor Marrero granted in part motions for reconsideration filed by defendant Pricewaterhouse Coopers (PwC

New York's Martin Act does not preempt an investor's common law claims

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • January 3 2012

On December 20th, New York's highest court held that the Martin Act, the state's blue sky law, does not preempt an investor's claims for breach of fiduciary duty and gross negligence

Sore loser

  • Day Pitney LLP
  • -
  • USA
  • -
  • March 31 2011

Convicted of insider trading, former Qwest CEO Joseph Nacchio is not taking his conviction sitting down

Court refuses to take judicial notice of securities violations in related action

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • April 30 2010

Donald Reneker, a court-appointed special receiver for AmeriFirst Funding, Inc., and several related entities, brought a malpractice action against AmeriFirst’s former outside counsel alleging that the firm acted improperly in advising AmeriFirst regarding the issuance of certain collateralized debt securities and in responding to a related state regulatory inquiry

Hedge fund liquidators barred from bringing negligence claims against auditors

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • August 19 2008

A New York state court recently dismissed claims brought by the liquidator of a hedge fund against the fund’s accountants on the ground that the claims were barred by the doctrine of in pari delicto

Duty to defend not triggered by allegations outside professional services coverage

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 6 2008

The United States District Court for the District of Colorado, applying Colorado law, has held that allegations in several lawsuits brought against a real estate investment trust did not trigger the insurer's duty to defend the trust under miscellaneous professional liability policies that covered the provision of professional services

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