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If you're a securities defense litigator who fell into the pit of despair last week when you read about the plunge in securities class action filings, as tallied by Stanford and Cornerstone Research, it may already be time to start clawing your way back out. On Monday, NERA Economic Consulting came out with its midyear 2009 report on securities class actions, and it's a lot more upbeat than Cornerstone's. Yes, NERA acknowledges, new filings fell in June to 14, the lowest number since the ten filed in February 2008. But according to the study's coauthor, that drop could turn out to be as momentary as the dip in new filings last June and July.
Qualcomm Lawyers Can Break Attorney-Client Privilege
Lawyers sanctioned for their roles in the Qualcomm discovery debacle have maintained that they would be exonerated if allowed to break attorney-client privilege and tell their side of the story.Schwabe, Williamson & Wyatt names new leader in Seattle
Schwabe, Williamson & Wyatt has tapped Troy Greenfield to serve as partner in charge of its Seattle office. Greenfield, who joined Portland, Ore.-based Schwabe from Bullivant Houser Bailey last year, replaces a three-attorney team that was leading Schwabe's 32-lawyer Seattle office.View more book results for the query "*"
2nd Circuit Upholds Congress' Power to Pass Anti-Bootlegging Law
A law that criminalizes the bootlegging of live performances was a valid exercise of congressional power under the Commerce Clause, the 2nd U.S. Circuit Court of Appeals ruled Wednesday. Rejecting arguments that Congress exceeded its authority under the Copyright Clause, the 2nd Circuit said the anti-bootlegging law "differs significantly" from the Copyright Act and was therefore "not enacted under the Copyright Clause."Inmate Loses Bid to Upset Conviction Based on DNA Tests
A defendant imprisoned for 30 years for rape and murder has lost his bid to overturn his conviction on the basis of what he claimed was newly discovered evidence. Manhattan Supreme Court Justice James A. Yates held that recent DNA test results on three hairs recovered at the crime scene and fingernail scrapings obtained from the murder victim failed to "establish or even create an inference beyond speculation" that some person other than Clifford Jones committed the crime.Could You Survive a Social Media Background Check?
Some legal experts warn employers that if they turn to social media sites to find out more about potential employees, it could lead to inadvertent discrimination based on characteristics that, by law, should not be considered as part of the hiring process.Trending Stories
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