We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 412

Financial services update June 9 2014 judicial developments

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • June 9 2014

On June 5th, the First Circuit affirmed the dismissal of plaintiffs' securities fraud lawsuit. The appellate court found that Genzyme had no duty to

Upper Tribunal upholds FCA decision to find Ian Hannam guilty of market abuse

  • Winston & Strawn LLP
  • -
  • United Kingdom
  • -
  • June 3 2014

On 27 May 2014, the Upper Tribunal upheld the FCA decision that Ian Hannam, former Chairman of Capital Markets at JP Morgan Cazenove, had engaged in

Financial services update June 23 2014 judicial developments

  • Winston & Strawn LLP
  • -
  • Argentina, USA
  • -
  • June 23 2014

On June 17th, the Second Circuit affirmed the imposition of a civil injunction and treble damages against Rajat Gupta for his provision of insider

Summary judgment order dismissing securities fraud lawsuit against Oracle is affirmed

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • November 22 2010

On November 16th, the Ninth Circuit affirmed the entry of summary judgment dismissing plaintiffs' securities fraud lawsuit against Oracle and its executives

SIPC trustee's definition of net equity adopted in Madoff case

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • March 8 2010

On March 1st, the bankruptcy court overseeing the bankruptcy proceedings and SIPA liquidation of Bernard L. Madoff Investment Securities upheld the SIPC trustee's method for determining the net equity held by the victims of Madoff's fraud

Pleading loss causation when the securities are privately offered

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • November 5 2012

On November 1st, the U.S. District Court for the Eastern District of Virginia denied defendants’ motion to dismiss plaintiff’s state and federal securities fraud lawsuit

Aiding and abetting securities fraud is not a RICO predicate act

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • July 11 2011

On July 7th, the Second Circuit dismissed Racketeer Influenced and Corrupt Practices Act ("RICO") claims asserted by victims of Bernie Madoff's Ponzi scheme against the banks through which Madoff allegedly conducted his fraud

Supreme Court upholds “fraud-on-the-market” presumption of reliance but holds that defendants must be permitted to rebut it at class certification

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • June 23 2014

The Supreme Court has issued a key securities ruling that should come as welcome news to corporations and professional firms that find themselves in

SEC files amicus brief on whether hotel rooms were securities

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • August 15 2011

The Commission filed an amicus curiae brief in the Ninth Circuit arguing that a series of related contracts offered by hotel developers involving the sale and rental management of individual hotel rooms constituted investment contracts under the federal securities laws where, from the time the sales commenced, the purchasers had so little use or control of the rooms that they had no practical alternative but to ultimately rely on the developers to rent the rooms for a share of the resulting profits

"Delaware carve-out" does not exempt mutual fund shareholders' lawsuit from SLUSA

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • September 12 2011

On September 8th, the Sixth Circuit affirmed the dismissal of a state-law class action filed by mutual-fund shareholders against various fund affiliates