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CANADA REPORT New Players at the Table
Canadian plaintiffs lawyers like Dimitri Lascaris (pictured left) have joined the class action game. In a country where the loser pays for the cost of litigation, it takes nerve--and money--to bring such cases.Denver midsize firm, among others, believes now is the time to expand
Denver-based Brownstein Hyatt Farber Schreck announced this week that it will open a new office in Reno. In some respects, Brownstein is representative of the relatively small number of firms still expanding in the United States right now: midsize and based outside of major financial centers such as New York and Chicago.In Wake of '09's Chaos, Midsized Firms Find a Sense of Normalcy
Although 2009 was a somewhat chaotic year for the small and midsized legal community as the recession stifled some practice areas while propping up others, 2010 seemed a bit more calm if only because little changed.Cite as: Initial Public Offering Securities, 21 MC 92 (SAS), NYLJ 1202512979315, at *1 (SDNY, Decided August 25, 2011)District Judge Shira A. Scheind
Former Comverse execs to pay $62M to settle suits
NEW YORK AP - Former executives of Comverse Technology Inc. will pay $62 million to partially fund a class action settlement stemming from alleged stock option backdating. Most of the money will come from the voicemail software maker's former CEO, who fled the country to avoid prosecution in the backdating scheme.3rd Circuit Won't Revive Aetna Securities Fraud Suit
A securities fraud suit against insurance giant Aetna Inc. fell flat on Wednesday when a federal appeals court refused to revive claims by investors who said the company made false statements about its "disciplined" pricing strategies that were designed to drive up the stock price so that three top executives could cash in and sell $61 million in stock.Securities Plaintiffs Win Access to Bank of America/Merrill Documents
In a huge win for shareholders, Southern District Judge Denny Chin took the unusual step Nov. 17 of lifting the statutory discovery stay in securities fraud lawsuits related to Bank of America's acquisition of Merrill Lynch.Winstead associate to lead microfinance nonprofit
Winstead associate Barrett Howell has been elected president of The Plan Fund, a Dallas-based nonprofit, micro-finance lending organization. Also in our new associate moves column: new arrivals, promotions, and the latest associates to make partner.Trending Stories
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