The Supreme Court’s decision in Dura Pharmaceuticals, Inc. v. Broudo, 544 U.S. 336 (2005), holding that loss causation is an element of a Section 10(b) claim for damages, continues to have a significant impact on securities litigation. One aspect is …

THE CONTINUING IMPACT OF DURA: CLASS CERTIFICATION Read More »

The collapse of the auction rate securities markets continues to be a focus of government enforcement actions. Many sellers of ARS have settled with the SEC, the New York Attorney General and, in some instances, other state AGs. Typically, those …

ARS CASES: A NEW CIVIL ACTION; A CONVICTION Read More »