The 10b-5 Daily
"The 10b-5 Daily is devoted to tracking news and events relating to securities class actions brought on behalf of investors against companies, with an emphasis on judicial developments. ... Although the author of The 10b-5 Daily represents the defendants in these cases, the weblog is designed to be a general resource and cooperative effort. Many of The 10b-5 Daily's readers and contributors are attorneys who work in plaintiffs' firms."
Author: Lyle Roberts is a Washington, D.C. lawyer. He is a partner with LeBoeuf, Lamb, Greene & MacRae.
Blawg Related Categories: Corporate Law • Corporate Compliance • Securities Law • Partner • Business Law
Recent Posts from The 10b-5 Daily
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Around The Web
A couple of interesting items from around the web. Pay To Play - In the context of securities litigation, "pay to play" is when lawyers compete to be selected as class counsel for public entities…
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Not So Fast
When the U.S. Supreme Court asked for the government's view on the National Australia Bank cert petition, it seemed a safe bet that the government would encourage the Court to take the case. After all,…
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Forbidden Alchemy
The U.S. Court of Appeals for the Sixth Circuit issued an opinion this week in Indiana State District Council v. Omnicare, Inc., 2009 WL 3365189 (6th Cir. Oct. 21, 2009) that has a few interesting…
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No License To Draw Lines
There have been two recent appellate decisions discussing the scope of the Securities Litigation Uniform Standards Act of 1998 ("SLUSA"), which pre-empts certain class actions based upon state law that allege a misrepresentation in connection…
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Vivendi On Trial
The big news this week was the commencement of the Vivendi securities class action trial in the S.D.N.Y. At issue in the case are alleged financial misstatements made by Vivendi from October 2000 to August…
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Around The Web
Time to catch up on some items of interest from around the web. (1) Business Week (Sept. 17) has a column on an enduring question about securities class actions - do they make any economic…
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Satisfy Your CLE Requirements!
Is Tuesday looking like it may be a slow day? It is not too late to sign up for the webcast of PLI's Securities Litigation & Enforcement Institute 2009 (New York edition). All of the…
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SEC Endorses Creationism
Although it has not received much publicity (perhaps due to the fact that it does not appear on the agency's website), last month the Securities and Exchange Commission filed an amicus brief in the U.S.…
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You'll Get Nothing And Like It
When it comes to sharp talk from the bench, Judge James Rosenbaum and the UnitedHealth securities class action is the gift that keeps on giving. The court's latest decision - In re UnitedHealth Group Inc.…
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The Dangers of Consolidation
The U.S. Court of Appeals for the Eighth Circuit does not issue many securities litigation decisions, but it apparently has decided to resolve the few cases it has all at once. For the second time…