Kessler Topaz Secures Record-Breaking $250 Million Settlement in Insider Trading Case Authors of this newsletter: After three years of hard fought litigation, Kessler Topaz Meltzer & Check, LLP, along with co-lead counsel,secured a $250 million […] Read More
Non-U.S. Investment Managers’ Standing to Pursue Claims Under the U.S. Securities Laws is Reaffirmed Authors of this newsletter: Melissa Yeates Non-U.S. institutional investors have served as Lead Plaintiffs in several historic shareholder actions in the United States. For example, Lead […] Read More
EU Collective Redress Efforts – Status Report Issued Authors of this newsletter: Geoffrey Jarvis The European Union’s effort to grapple with the benefits and perceived costs of U.S.- style class actions (referred to as […] Read More
Ephemeral Messaging and the Expanding Digital Universe Authors of this newsletter: Jennifer Joost By 2020, analysts predict the digital universe — the data that is created or copied in a given year — […] Read More
Appellate Update: Ninth Circuit Clarifies Loss Causation Standard in Securities Fraud Class Actions Authors of this newsletter: On January 31, 2018, the U.S. Court of Appeals for the Ninth Circuit issued its decision in Mineworkers’ Pension Scheme v. […] Read More
New Second Circuit Guidance on Rebutting the Presumption of Reliance Authors of this newsletter: Joshua D'Ancona , Margaret Mazzeo Recent appellate decisions shed new light on defendants’ burdens when attempting to prevent class certification in securities fraud class actions […] Read More
