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Daily Decision Alert: Vol. 11, No. 109 -- June 9, 2003
Pleading Securities Fraud With Particularity
Two significant securities law cases were recently decided by the Second Circuit. In Stevelman v. Alias Research Inc., the court reversed dismissal of a complaint, finding sufficient allegations of "motive and opportunity" to support a strong inference of fraudulent intent. In Crane Co. v. Coltec Industries Inc., the court held that a confidentiality agreement did not obligate parties to merger negotiations to notify each other of welcome advances by a third party.Reinstatement of Attorneys From the 2011 Pro Hac Vice Ineligible List
Notice to the bar.Coughlin Stoia targets Atlanta for IP litigation hub
Class action king William S. Lerach's former firm is launching an Atlanta office with two partners from Duane Morris-intellectual property litigators John C. Herman and Ryan K. Walsh.The move to Coughlin Stoia Geller Rudman Robbins-a plaintiffs' class action powerhouse with about 200 lawyers-catapults Herman and Walsh from the defense side of law to the plaintiffs' side.Telecom Merger Conditions Cause Stir
Telecommunications attorneys are buzzing about the conditions that the Federal Communications Commission's staff proposed June 29 regarding the merger of regional phone companies SBC Communications and Ameritech. The merger conditions, which must be approved by the full Commission, are the most far-reaching and potentially expensive of any imposed on merging phone companies. If the conditions are approved, some telecom attorneys worry that it will be even more difficult to get mergers through the FCC.Trending Stories
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