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.

Search

Refine your search

Content type

Tags

Firm name

Author

573 results found

Article

Sheppard Mullin Richter & Hampton LLP | USA | 13 Jul 2018

New York Court of Appeals Rules that Civil Securities Fraud Claims Brought Under Martin Act are Subject to Three-Year Statute of Limitations

In People v. Credit Suisse Securities (USA) LLC, No. 40, 2018 WL 2899299 (N.Y. June 12, 2018), the Court of Appeals for the State of New York ruled

Article

Orrick, Herrington & Sutcliffe LLP | USA | 15 Aug 2016

New York Intermediate Appellate Court Holds that Accrual Provision Does Not Save RMBS Trustee’s Time-Barred Putback Claim

On August 11, 2016, the First Department of the Appellate Division of the Supreme Court of the State of New York affirmed dismissal of an action

Article

Baker & Hostetler LLP | USA, Ireland | 29 Jul 2016

2016 Mid-Year Securities Litigation and Enforcement Highlights

Welcome to the 2016 Mid-Year Report From the BakerHostetler Securities Litigation and Regulatory Enforcement Practice Team. The purpose is to provide

Article

Chadbourne & Parke LLP | USA | 20 Jun 2011

Court dismisses Securities Act claims against Countrywide based on statute of repose

In Footbridge Ltd. Trust v. Countrywide Fin. Corp., No. 10 Civ. 367 (PKC) (S.D.N.Y. 2011), the United States District Court for the Southern District of New York recently dismissed claims brought under Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 on the grounds that the filing of a class action regarding the securities at issue did not toll the statute of repose for claims under that statute.

Article

Paul Weiss | USA | 31 May 2011

New York bankruptcy court holds that Bankruptcy Code’s two-year extension of time to bring actions applies to foreign representatives in Chapter 15 cases

Section 108 of the Bankruptcy Code grants a two-year extension of time for a trustee in bankruptcy (or a debtor in possession) to bring law suits, provided that the applicable period to sue didn't expire before the petition date.

Article

Winston & Strawn LLP | USA | 23 May 2011

Mortgage-backed securities lawsuit survives motions to dismiss

On May 19th, the Southern District Court of New York partially denied motions to dismiss a securities fraud case stemming from an offering of mortgage-backed securities.

Article

Orrick, Herrington & Sutcliffe LLP | USA | 11 Apr 2011

S.D.N.Y. grants in part and denies in part motion to dismiss multiple actions against Wachovia

Investors in equity and debt securities of Wachovia brought four related actions against Wachovia and several related entities and individuals, Wachovia's underwriters and its auditors alleging claims under Section 10(b) of the '34 Act, and Rule 10b-5 thereunder, and Sections 11, 12(a)(2), and 15 of the '33 Act..

Article

Dechert LLP | USA | 2 Feb 2011

New protection for whistleblowing once removed

Under the Sarbanes-Oxley Act of 2002, publicly traded companies are prohibited from retaliating or discriminating against employees who report or assist in the investigation of conduct which violates specified federal laws or SEC regulations.

Article

Morgan Lewis | USA | 26 Jan 2011

Manhattan District Attorney promises broader use of the Martin Act in combating financial fraud and vows to fight for tougher penalties

In his first speech at the New York City Bar Association since his election, Manhattan District Attorney Cyrus R. Vance, Jr. said that he would expand his office’s use of the Martin Act, New York’s securities fraud statute, in targeting financial fraud, and that he would lobby lawmakers to toughen penalties under the measure and to extend the statute of limitations.

Article

Mayer Brown | USA | 19 Jan 2011

Southern District of New York requires allegation of scienter in securities claims against Barclays Bank

In early January 2011, Judge Paul A. Crotty of the District Court for the Southern District of New York dismissed with prejudice a federal securities class action against Barclays, several of Barclays’ senior officers and a dozen other investment banks.

Previous page 1 2 3 ...