Month: July 2012

Recent Class Actions Statistics: Bad News For Public Companies

Trends in the filing of securities class actions are chronicled in reports issued by Cornerstone Research and NERA Economic Consulting for the first half of 2012. The two reports agree on a number of items but differ on the overall

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Another Suspicious Trading Insider Trading Case

On Monday July 23, 2012 the highly publicized acquisition of Nexen, Inc. by CNOOC Limited was announced. By the end of the week, the SEC had investigated and brought an insider trading action against Well Advantage Limited and unknown traders

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