Even though the swaps, based on Volkswagen's share price, involved U.S. participants and were signed in New York, they're precluded by the Supreme Court's ruling in Morrison v. National Australia Bank, Judge Harold Baer ruled. For securities defendants, Morrison is the gift that keeps on giving.

Thanks in no small part to earlier rulings in a related case against Verizon brought by a company called ActiveVideo and its lawyers at Morgan Lewis, Cablevision may be clear of Verizon's ITC claims over digital set-top box technology.

The private equity company stated in IPO documents that all shareholder disputes must be settled by individual, confidential arbitrations. As long as investors know what they're getting into before they buy the stock, is anyone outside the class action plaintiffs bar being harmed?

For the second time in a week, some extremely well-financed (and well-represented) plaintiffs have survived an MBIA motion to dismiss a suit claiming the insurer's $5 billion restructuring was a fraud.

Dish Network Corp. suffered yet another setback in its licensing battle with ESPN Inc. on Tuesday, when an appeals court shut the door on Dish's claims that it overpaid by $56 million for rights to four ESPN-owned HD channels.

The ruling is as exhaustive a study of Twombly as we've ever seen. In the end, it gives both the small team of plaintiffs lawyers and the veritable defense army in the case something to cheer about.

Many of the world's most powerful private equity firms must face an investor class action alleging that they conspired to drive down buy-out prices for publicly traded companies, a federal judge in Boston ruled Thursday.