The prudent answer to this question should be probably not, but we can hold out hope.
A FINRA panel recently upheld a class action exclusion in a broker-dealer agreement to arbitrate
Continue Reading Do You Really Think Class Actions Are A Thing Of The Past?
The U.S. Court of Appeals for the Third Circuit found that two founders of a metal components business were not liable in a securities fraud lawsuit although both had improperly
Ernest Badway, recently, appeared on one of the top-rated business programs in India, The Firm, to discuss United States District Court Judge Barbara Jones’ dismissal of a major securities class action
Continue Reading Ernest Badway Appears on CNBC-India to Discuss Securities Class Action Dismissal
The Second Circuit ruled that the First Amendment trumps the federal government’s enforcement off-label marketing prohibitions. The decision could change the face of pharmaceutical compliance and limit criminal, regulatory, and civil exposure to government and private plaintiffs.
Continue Reading Game Changing Off-Label Marketing Decision Has Implications for Related Securities Lawsuits
Over the years and, most certainly, since the passage of the Private Securities Litigation Reform Act, plaintiffs’ lawyers have used confidential witnesses in their pleadings.
Plaintiffs’ lawyers, typically, do not name these
In response to the Supreme Court’s decision in Morrison v. National Australia Bank where the Supreme Court said that there was no private right of action for lawsuits that involved
Continue Reading SEC’S POSITION ON PRIVATE SUITS AFTER MORRISON
We previously blogged on the Argentina bond case. See https://securitiescompliancesentinel.foxrothschild.com/securities-class-actions/argentinean-bond-dispute-has-gotten-hot/index.html. Now, to update our readers, the United States District Court for the Southern District of New York has vacated
In an intriguing case out of the United States District Court for the Western District of Missouri, a plaintiff’s purchase of condominium units with an option to participate in the
Continue Reading Condo Rental Programs Are Not Investment Contracts
Recently, the United States District Court for the Eastern District of Washington attacked the attorney’s fees and expenses filed by plaintiff’s attorneys in a securities fraud suit.
The judge was
Late last week, one of my colleagues sent me an e-mail where he copied 8 other people, half of them I could not identify if my life depended upon it. I then
Continue Reading PSST!!! Want to Save Money on Your Legal Bills? Read on. . .