August 03, 2017 | New York Law Journal
Silver Wins Motion for SCOTUS WritFormer state Assembly Speaker Sheldon Silver will get to remain a free man a little bit longer, thanks to a new ruling from a federal appeals panel.
By B. Colby Hamilton
6 minute read
August 02, 2017 | New York Law Journal
Latest Securities Claims in Fiat Chrysler Class Action TossedThe plaintiff in an ongoing securities fraud class action suit against Fiat Chrysler Automobiles over emissions violations faced a setback on Tuesday.
By B. Colby Hamilton
3 minute read
August 01, 2017 | New York Law Journal
Wells Fargo Auto Loan Insurance Class Actions FiledLast week, news broke that Wells Fargo had forced 800,000 auto loan consumers to take on unwanted auto insurance over a 10-year period. This week, the filing of class action suits against the bank began.
By B. Colby Hamilton
2 minute read
July 31, 2017 | New York Law Journal
Engelmayer Gives Go-Ahead for Antitrust Swaps SuitU.S. District Judge Paul Engelmayer of the Southern District of New York will allow to go forward a suit claiming a dozen of the biggest banks colluded against competition in the $230 trillion interest rate swap market.
By B. Colby Hamilton
4 minute read
July 28, 2017 | New York Law Journal
Prosecutors, Litigators Face New Reality After 'Allen'Federal law enforcement's growing reliance on foreign partners as U.S. prosecutors build cases against targets abroad will have to adjust to a new reality after the Second Circuit curtailed compelled testimony use in cross-border prosecutions.
By B. Colby Hamilton
5 minute read
July 26, 2017 | New York Law Journal
Class Action Securities Filings Reach Record Levels, Report SaysClass action security fraud suits were filed at a record clip in the first half of 2017, according to a new report by Cornerstone Research.
By B. Colby Hamilton
21 minute read
July 25, 2017 | New York Law Journal
Ex-Arent Fox Partner's Info Leads to Insider Trading PleaFormer Long Island investment adviser Tibor Klein, who pleaded guilty Tuesday to a single count of conspiracy to commit securities fraud, was accused of using information obtained from his client and friend, former Arent Fox partner Robert Schulman, about the $3.6 billion merger of Pfizer Inc. and King Pharmaceuticals.
By B. Colby Hamilton
2 minute read
July 24, 2017 | New York Law Journal
Petrobras Seeks Circuit Review of Decision on Class StatusAttorneys for Brazilian energy giant Petrobras are asking the U.S. Court of Appeals for the Sec-ond Circuit to reconsider its order that would largely have allowed the class action suit against it to proceed.
By B. Colby Hamilton
4 minute read
July 21, 2017 | New York Law Journal
Bond Trader's Fees Found Recoverable by CircuitA bond trader can keep his $1 million arbitration award after the U.S. Court of Appeals for the Second Circuit affirmed, in part, a lower court's refusal…
By B. Colby Hamilton
4 minute read
July 21, 2017 | New York Law Journal
SDNY Drops Charges in 'London Whale' CaseThe Southern District U.S. Attorney's Office has moved to drop charges against two former JPMorgan Chase & Co. traders in the "London Whale" over concerns about testimony from the whale himself, Bruno Iksil.
By B. Colby Hamilton
2 minute read
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