ABA Journal

Securities Law

1377 ABA Journal Securities Law articles.

US: Milberg Weiss Firm Was ‘Racketeering Enterprise’

Updated: In a stunning series of body blows today in an ongoing battle between the government and one of the country’s most powerful plaintiff firms, federal prosecutors in California announced…

Firm: Melvyn Weiss Faces Charges

Updated: A founding partner of one of the nation’s most powerful plaintiffs securities law firms is reportedly resigning from a management role in the face of expected new federal charges…

Class-Action King Pleads Guilty

William Lerach will give up a wealthy lifestyle and a profitable legal niche when he heads to prison as a result of his guilty plea to conspiracy.

Yesterday the securities…

Biovail Suit Turns Into Big-Firm Fight

Biovail Corp.’s “well-lawyered strategy” in a case that contends short sellers drove down the price of its stock went awry when a federal judge inquired into violation of a protective…

Heelys a Bad Dealys, Suits Say

Several lawsuits filed on behalf of investors who bought stock in Heelys Inc. claim the company hid injuries that had been caused by the shoes with wheels.

The

Suits Follow Mortgage Meltdown

More than a dozen mortgage lenders are facing lawsuits over the subprime mortgage meltdown, and more suits are likely.

The Washington Post reports there is no shortage…

Ex-Enron CEO Files Appeal

Former Enron CEO Jeffrey Skilling has filed an appeal of his conviction and 24-year prison sentence for his role in the collapse of the former energy giant.

Defense lawyers are…

Rigases Oppose Deloitte Settlement

Litigation over accounting firm Deloitte & Touche’s role in failing to detect accounting problems at Adelphia Communications is likely to continue, despite a $167.5 million settlement agreement.

Adelphia has filed…

Saks Settles With SEC

Saks Fifth Avenue has agreed to settle a civil suit filed by the Securities and Exchange Commission that alleges the luxury retailer violated financial reporting requirements.

Saks agreed to an…

CNET Avoids Backdating Charges

The Securities and Exchange Commission has closed an investigation into stock options backdating at CNET Networks without charges.

The news came as a surprise, since the SEC has been aggressively…

Nixon Goodbye Inspired Lerach

Securities class action lawyer William Lerach is fessing up: The announcement of his retirement borrowed partly from Richard Nixon’s farewell speech to his staff.

Lerach said in an e-mail that…

Guilty Plea in Extensive Insider Trading Scheme

A former analyst at Goldman Sachs Group Inc. has pleaded guilty to insider trading charges in a wide-ranging scheme to get advance corporate information from a Merrill Lynch employee, printing…

Quick Mistrial Bars Retrial

A federal appeals court has ruled that two executives cannot be retried for alleged securities law violations because a judge declared a mistrial too quickly.

The New York City-based 2nd…

Ex-Milberg Lawyer Lerach Retires

Securities class action lawyer William Lerach is retiring amid rumors he is close to a plea deal related to kickbacks made to lead plaintiffs while he was a lawyer at…

Ex-GC Accused of Serial Backdating

Updated: The Securities and Exchange Commission has accused a former general counsel of backdating stock options while employed at two Silicon Valley companies.

Lisa Berry of Los Gatos, Calif., is…

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