Search results

Order by most recent / most popular / relevance

Results: 1-10 of 12

District of Colorado dismisses, in part, securities fraud claims in Ponzi scheme suit

Katten Muchin Rosenman LLP
-
USA
-
January 4 2013

The US District Court for the District of Colorado considered several motions to dismiss a class-action suit filed by plaintiff Touchtone Group, LLC to

Third Circuit affirms district court's dismissal of securities fraud class action for failure to plead scienter

Katten Muchin Rosenman LLP
-
USA
-
September 9 2011

The U.S. Court of Appeals for the Third Circuit affirmed the District Court’s grant of defendants’ motion to dismiss all claims against corporate defendants and individual officers and directors of Horizon Lines, Inc. for securities fraud arising out of price fixing under the heightened pleading standard in the Private Securities Litigation Reform Act (the PSLRA

Misrepresentations regarding financing of buy-out of LLC interest not a 10B-5 violation

Katten Muchin Rosenman LLP
-
USA
-
September 30 2011

The U.S. Court of Appeals for the Eleventh Circuit affirmed summary judgment dismissing claims for, inter alia, alleged violations of federal securities laws and conspiracy to defraud brought by a member of a limited liability company (LLC) and its owners against the defendant who had financed the buy-out of the member’s one-half interest in the LLC at issue

Ninth Circuit affirms dismissal of securities fraud complaint

Katten Muchin Rosenman LLP
-
USA
-
June 1 2012

The U.S. Court of Appeals for the Ninth Circuit recently affirmed a California district court’s ruling that plaintiffs failed to adequately plead misrepresentation and scienter in support of their claims for violation of Section 10(b) of the Securities Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5

Third Circuit affirms grant of summary judgment for defendants in securities fraud case

Katten Muchin Rosenman LLP
-
USA
-
August 3 2012

The U.S. Court of Appeals for the Third Circuit affirmed the district court’s ruling that plaintiffs had failed to establish two key elements of their securities fraud claim against a corporate defendant and its two shareholders

District Court grants SEC's motion seeking final judgment for disgorgement against Ponzi scheme defendants

Katten Muchin Rosenman LLP
-
USA
-
September 7 2012

The U.S. District Court for the District of Colorado granted the Securities and Exchange Commission’s motion for entry of final judgment against two defendants that had perpetrated a Ponzi scheme, ordering disgorgement and assessing civil monetary penalties equal to the difference between the amounts received from and distributed to investors

Court finds plaintiff's new evidence insufficient to satisfy PSLRA pleading requirements

Katten Muchin Rosenman LLP
-
USA
-
October 12 2012

In a securities fraud action, a Colorado district court denied a plaintiff employees’ retirement plan’s motion for relief from a final judgment that dismissed the plaintiff’s original complaint because it did not satisfy the pleading requirements of the Private Securities Litigation Reform Act (PSLRA

District Court finds that Securities Exchange Act covers stock “float” manipulation

Katten Muchin Rosenman LLP
-
USA
-
February 1 2013

In a self-described "precedent-setting" order, the US District Court for the Eastern District of Pennsylvania recently found that the Securities

Gaming company’s regulatory delays insufficient to give rise to a securities fraud claim

Katten Muchin Rosenman LLP
-
USA
-
May 3 2013

The US District Court for the Northern District of Illinois dismissed securities fraud claims against WMS Industries (WMS), a gaming and slot machine

New Jersey District Court dismisses securities fraud action with prejudice

Katten Muchin Rosenman LLP
-
USA
-
October 28 2011

The plaintiff, a former officer of Alfacell Corporation, a biopharmaceutical company engaged in the development of cancer therapies, brought an action against his former employer, alleging violations of Section 10(b) of the Securities and Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5