Results 1 to 5 of 6
Most popular |Most recent

Financial Projections in SPAC Transactions: Mitigating Class Action Litigation Risk

USA - October 12 2020 Special purpose acquisition companies (SPACs) are increasingly being used as an alternate vehicle to traditional initial public offerings. Companies…

David K. Michaels, Jay Pomerantz, Nicolas H.R. Dumont.

Ninth Circuit issues key ruling on pleading of loss causation in securities class actions

USA - August 8 2014 On August 7, 2014, the Ninth Circuit issued a key opinion on the pleading of loss causation in securities class actions, ruling for the first time…

Felix S. Lee, Jennifer C. Bretan, Susan S. Muck.

The Supreme Court’s Halliburton decision: reliance can still be presumed in securities class actions, but defendants may now rebut the presumption at an earlier stage

USA - June 24 2014 In a highly anticipated decision issued June 23, 2014, the Supreme Court in Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317 (June 23, 2014)…

Dean Kristy, Kevin P. Muck.

Amgen: a Pyrrhic victory for plaintiffs in securities class actions

USA - March 5 2013 In a 6-3 decision issued last week, the Supreme Court ruled in Amgen Inc. v. Connecticut Ret. Plans & Trust Funds, 568 U.S. ___, 2013 WL 691001 (Feb…

Kevin P. Muck.

Tis the season: proxy statements and litigation challenges to compensation disclosures

USA - December 3 2012 Over the past several months, plaintiffs' lawyers have stepped up attacks on executive compensation disclosures in proxy statements.

Dean Kristy, Kevin P. Muck.