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December 23, 2013 | National Law Journal

D.C. MOVES

2 minute read
December 18, 2013 | The Recorder

Circuit Tosses Attorney Fees Award in Prius Litigation

3 minute read
December 18, 2013 | National Law Journal

Circuit Tosses Attorney Fees Award in Prius Litigation

The U.S. Court of Appeals for the Ninth Circuit has again struck down an award of attorney fees in a class action settlement, this time over allegedly defective headlights in Toyota Prius vehicles.
3 minute read
S&C Nails Another Win in BP Securities Case
Publication Date: 2013-12-06
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Sullivan and Cromwell convinced a U.S. district judge in Houston to deny class certification to BP shareholders who sued the company in the aftermath of the 2010 Deepwater Horizon oil spill.

Q&A: Grundfest on the Supreme Court and Class Actions
Publication Date: 2013-11-18
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By granting review in Halliburton v. Erica John Fund, the high court didn't necessarily set securities class actions on the path to extinction, says Stanford Law School professor Joseph Grundfest.

November 18, 2013 | National Law Journal

Q&A: Stanford's Joseph Grundfest on the Supreme Court and Class Actions

The Supreme Court's seeming campaign to curtail class actions reached a new level Nov. 15 with its decision to revisit a 25-year-old precedent that launched thousands of securities class actions and generated billions of dollars in settlements and legal fees.
5 minute read
Objections Fail To Derail $500M Countrywide Settlement
Publication Date: 2013-10-30
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Nearly 40 parties, including 16 large investors, filed objections to the deal between Countrywide and holders of its mortgage-backed securities.

October 30, 2013 | Law.com

Tentative OK to Countrywide Settlement Despite Objections

A federal judge in Los Angeles has tentatively approved a $500 million settlement between Countrywide Financial Corp. and investors in its mortgage-backed securities.
3 minute read
April 05, 2012 | New York Law Journal

Judge Dismisses Investors' Federal Suit With Prejudice

A federal judge has taken the unusual step of dismissing with prejudice a suit by investors against NovaStar Mortgage Inc. over $1.32 billion in mortgage-backed securities.
2 minute read

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