On May 12, Judge James Lawrence King of the U.S. District Court for the Southern District of Florida dismissed with prejudice the U.S. Securities and
The US District Court for the Southern District of Florida recently refused to reconsider its earlier decision granting partial summary judgment in
The US District Court for the Middle District of Florida recently ordered one participant in a sophisticated investment fraud and money laundering
On February 25, 2013, the U.S. Court of Appeals for the Eleventh Circuit affirmed the U.S. District Court for the Northern District of Florida's
On April 13th, the Middle District of Florida denied the defendants' motion to dismiss unsophisticated investors' Section 10(b) securities fraud lawsuit.
On March 1, the U.S. District Court for the Middle District of Florida dismissed a claim against Robert A. DiGiorgio, CEO of Radius Capital Group, under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, concerning allegedly false statements made in an RMBS prospectus.
Following a four-week trial and three days of deliberations, a nine-member jury concluded that Florida-based BankAtlantic Bancorp and two of its executives intentionally misled investors about the bank's troubled real estate loan portfolio during 2007's economic downturn.
An investment company's representation that certain energy bonds were backed by the State of Georgia - when they were in fact guarantied by Lehman Brothers Holdings, Inc. - could subject the firm to liability for securities fraud.
According to the U.S. Department of Justice (DoJ), Luis Giro is a person of interest to law enforcement, which certainly made him an interesting person to South Florida journalists.
A district court in the Southern District of Florida dismissed a class action complaint asserting claims for securities fraud under Section 10(b) of the Securities Exchange Act of 1934 against a wireless service provider’s outside director, Nicholas Peraticos.