Blog Roundup: The latest posts from securities law related blogs:
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Business Law Professor:
Just posting again to remind everyone that Business Law Prof Blog can now be found at businesslawprofessors.com, which, among other things, supports email subscriptions! We've got the furniture set...
The Business Law Prof Blog has found a new home at www.businesslawprofessors.com. All of our old content will remain right here, but we have also copied it over to the new site, and going forward, ...
One of the more interesting topics that I have been following under the Corporate Transparency Act (CTA) is the debate about the reporting status of limited liability partnerships (LLPs). Are LLPs ...
Although FINRA has changed its rules to deal with abuse of the expungement process, the new rules only apply to claims filed after October 16, 2023. There are still claims in the pipeline that were...
The Business Law Prof Blog has a new home! Old posts will remain where they are; new posts will appear at Business Law Prof Blog (1). More information at our goodbye post, here. Yesterday, the Depa...
10b-5 Daily:
The 10b-5 Daily
News and events related to securities class action litigation. Containing all facts, with particularity, and an occasional dose of commentary.
The author of the The 10b-5 Daily – Lyle Roberts – also is the co-editor of the new third edition of PLI’s “Securities Litigation: A Practitioner’s Guide.” The leading treatise in this area of the law, it is a joint … Continue reading
Posted: October 21, 2024, 5:52 pm
The 10b-5 Daily is catching up on posts after a very busy August and September, so thanks everyone for your patience. NERA Economic Consulting and Cornerstone Research released their 20224 midyear reports on securities class action filings in August. While … Continue reading
Posted: October 3, 2024, 5:53 pm
In Kolominsky v. Root, Inc., 2024 WL 1854474 (6th Cir. April 29, 2024), the plaintiffs brought claims under Section 10(b) of the Exchange Act (securities fraud) and Sections 11 and 12(a)(2) of the Securities Act (misstatements in registration statements and … Continue reading
Posted: June 18, 2024, 1:54 pm
The U.S. Supreme Court has issued a decision in Macquarie Infrastructure Corp. v. Moab Partners, L.P. holding that the failure to disclose information required by Item 303 of Regulation S-K can support a Rule 10b-5(b) claim only if the omission … Continue reading
Posted: April 15, 2024, 3:15 am
NERA Economic Consulting and Cornerstone Research have released their respective 2023 annual reports on federal securities class action filings. As usual, the different methodologies employed by the two organizations have led to slightly different numbers, although they both identify the same general trends. … Continue reading
Posted: February 26, 2024, 6:19 pm
To establish loss causation in a securities class action does the company’s stock price have to decline immediately after the alleged corrective disclosure that revealed the truth to the market? In Shash v. Biogen, Inc., 84 F.4th 1 (1st Cir. 2023), the court … Continue reading
Posted: January 2, 2024, 5:34 pm
Cornerstone Research has issued an interesting report on opt-outs in securities class action settlements (i.e., when a putative class member chooses not to participate in the settlement and may consider bringing its own direct action against the defendants). A few … Continue reading
Posted: November 7, 2023, 1:37 pm
To what extent can plaintiffs commission an expert report based on public information and rely on it in their complaint to adequately plead securities fraud? The Ninth Circuit recently addressed this issue in E. Ohman J:or Fonder AB v. NVIDIA … Continue reading
Posted: September 11, 2023, 3:02 pm
It would appear that the third time’s the charm, at least for Goldman Sachs in its long-running securities class action related to certain collateralized debt obligation (CDO) transactions. For the past several years, the key issue in the case has … Continue reading
Posted: August 15, 2023, 1:29 am
When faced with litigation, companies often publicly opine that the case is “without merit.” But if the company loses the litigation, can investors then bring a securities class action alleging that opinion was false? In City of Fort Lauderdale Police and … Continue reading
Posted: July 25, 2023, 11:28 pm
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Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.
