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David Bario

David Bario

David Bario, based in New York, is a senior editor covering the business of law for ALM's global newsroom.

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July 25, 2012 | Law.com

Jury to Hear Samsung Destroyed Evidence in Showdown With Apple

By David Bario

1 minute read

May 04, 2012 | Daily Business Review

Eleventh Circuit rules context is king, revives SEC suit against Morgan Keegan

An appeals court has revived federal securities charges against Morgan Keegan over the brokerage's sale of auction-rate securities as the market collapsed.

By David Bario

3 minute read

April 19, 2012 | The American Lawyer

Willkie, Weil Win Ruling Gutting GE Securities Class Action

Plaintiffs lawyers at Berman DeValerio scored a major win in January, when Judge Richard Holwell in Manhattan refused to dismiss claims that General Electric and a host of big underwriter-banks misled investors in a $12 billion GE stock offering. What a difference a few months can make: Holwell is now in private practice, and the plaintiffs' case against the banks is toast.

By David Bario

3 minute read

July 02, 2012 | The American Lawyer

Valukas Report Made Plaintiffs' Case, But Undermined $83 Million Fee Bid in Lehman Case

Plaintiffs lawyers at Bernstein Litowitz and Kessler Topaz will take home $56.7 million in fees for cinching $516 million in settlements for Lehman investors. But the judge overseeing the case ruled that the lawyers leaned too much on Lehman examiner Anton Valukas to justify the much higher award they sought.

By David Bario

2 minute read

August 07, 2012 | The American Lawyer

Opposition Mounts to $7.2 Billion Credit Card Fee Deal

Three more class representatives have joined a breakaway camp led by Constantine Cannon, complicating efforts to win approval for the record-breaking antitrust class action settlement.

By David Bario

3 minute read

May 14, 2012 | The American Lawyer

Judge Sends Ohio MERS Class Action Back to State Court

U.S. District Judge James Gwin in Cleveland finally issued a decision over the weekend in an Ohio county prosecutor's case against MERS and a gaggle of big banks. But it wasn't the ruling the defendants had been waiting for.

By David Bario

3 minute read

September 06, 2012 | The American Lawyer

MBS Plaintiffs Chip Away at Banks' Standing Defense at Second Circuit

Judges have collectively knocked out billions in claims because mortgage-backed securities plaintiffs didn't invest in the individual offerings--or even tranches--of securities on which they based their allegations. On Thursday the Second Circuit put some crucial limits on the banks' standing defense, rejecting arguments by Sullivan & Cromwell and reviving an MBS class action against Goldman Sachs.

By David Bario

3 minute read