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Law Firm Excused
The application of the Stoneridge decision is likely to develop slowly, as relatively few cases raise the issue of scheme liability. That said, the early returns look positive for defendants. In In re DVI Inc. Sec. Litig., 2008 WL 1900384...

Converium Settles
Converium Holding AG, a Zurich-based international reinsurer acquired by SCOR in August 2007, has announced the preliminary settlement of the securities class action pending against the company in the Southern District of New York (S.D.N.Y.). The case, originally filed in...

Parmalat Settles
Parmalat S.p.A., a producer and distributor of dairy products and fruit-based beverages based in Milan, Italy, has announced the preliminary settlement of the securities class action pending against the company in the S.D. of New York. The case, originally filed...

A Little Something For The Effort
House Republican leaders John Boehner (R-OH) and Lamar Smith (R-TX) have asked the House Judiciary Committee to hold a hearing on the payment of kickbacks to lead plaintiffs in securities class actions. The press release and letter to the Chairman...

The Wheat From The Chaff
Establishing loss causation for the purpose of class certification or summary judgment is becoming a significant hurdle for plaintiffs. On the heels of the Flowserve and Omnicom decisions comes another defense victory. In Fener v. Belo Corp., 2008 WL 876967...

Law Professor Blogs
No Witnesses for the Defense in Rezko
White Collar Crime Prof Blog, 10 days ago
Chicago Tribune, Rezko Prosecution Rests, Defense to Call No Witnesses (for prior discussion of this..

Ninth Circuit Affirms Dismissal of Indictment for Prosecutorial Misconduct
White Collar Crime Prof Blog, 3 days ago
The Ninth Circuit Court of Appeals in United States v. Chapman affirmed the dismissal of the indictm..

Cuomo Settles With Some Lawyers
White Collar Crime Prof Blog, 3 days ago
In a press release New York Attorney General Andrew Cuomo announced that he had reached a settlement..

White Collar Crime Institute - Legal Ethics Panel
White Collar Crime Prof Blog, 3 days ago
Guest Blogger - Gordon Kirsch (rising 3L Stetson University College of Law) Session V: Legal Ethics:..

What Will Cooperation Bring?
White Collar Crime Prof Blog, 12 days ago
Carrie Johnson's Washington Post article titled, Ex-Aide Sentenced, New Probe Emerges discusses a 6 ..

In the News and Blogsphere
White Collar Crime Prof Blog, 12 days ago
FBI Press Release - Two owners and corporate officers of Engineering Dynamics, Inc. ("EDI") plea to ..

The Olis Response to the Government
White Collar Crime Prof Blog, 12 days ago
Attorneys for Jamie Olis filed a Reponse to Government's Answer and Motion for Summary Judgment, and..

Chiquita and 60 Minutes
White Collar Crime Prof Blog, 4 days ago
60 Minutes aired a special on Chiquita Banana, The Price of Bananas, in which they reported on the i..

The Latest in the Olis Case
White Collar Crime Prof Blog, 13 days ago
Check out Mary Flood at Houston Chronicle - Kelley asks judge to leave the Olis case (esp)

In the News
White Collar Crime Prof Blog, 13 days ago
Wall Street Journal - SEC Sues Alabama Mayor in Muni Case Philly.com - Feds Object to Wecht retrial ..