Citi and other large banks should be very grateful for the Twiqbal rule that keeps knocking out cases on pleading motions. Indeed,...

Not a good week for the financial industry, and reputation risks increase accordingly. The jury did not take long to find Mr. Gupta...

A D & O Diary post includes some interesting back and forth proposals by smart people about whether highly paid financiers should be...

The US Supreme Court granted certiorari yesterday on a significant issue for securities litigation class actions. The case is a...

An "Occupy Wall Street" subgroup is making its mark in securities litigation and regulation. The point is illustrated by the story below...

The SEC has issued a new report on cross-border securities litigation. Kevin LaCroix has the story in a new post. Here’s the introductory...

Unlike lawyers and other professionals, investment banking firms are not bound by any kind of ethical code. Therefore, Goldman Sachs and...

"Hey, what does the contract say about choice of law?" That’s a question bond traders are asking now that they’ve figured out they may...

Kevin LaCroix at D & O Diary put together a new post compiling several new presentations on the vast amounts of litigation related to...

Carlyle Group’s IPO papers include – so far – terms purporting to preclude future class actions over securities disclosures. Ahead should...

Candor is refreshing. Specifically, a new academic paper apparently suggests that incentive structures at banks at large banks was not a...

Reuters brings this interesting story of GlaxoSmithKline creating a new metric – core earnings – that excludes various categories of...

This past weekend, US television magazine 60 Minutes added its voice to the dialog about the absence of criminal prosecutions for the...

AmLaw Litigation Daily includes this interesting post by David Bario on recurring litigation patterns and tactics in securities fraud...

Great to see these convictions. And, remember, the original charges involved insider trading in 37 stocks, but the government winnowed...

Asbestos returned to the Supreme Court yesterday in the context of securities litigation. The case arises from Halliburton’s purchase of...

As previously covered here and here, litigants need to be careful about their strategic wishes and choices. One wonders what the...

Having more or less won the so-called f-cubed securities cases to limit US jurisdiction on securities claims, defendants in securities...

The Conglomerate includes this recent post picking up from from the SEC accusing New Jersey of securities fraud. Among other things, the...

Are you still wondering whether there is more litigation around the globe? Either way, consider this post from D & O Diary regarding the...