Month: September 2009

The doctrine of in pari delicto prevents a party from bringing suit to recover for wrongful conduct where the plaintiff participated in the conduct on which the claims are based. Grounded in equitable principles, the doctrine essentially stands for the …

CLAIMS AGAINST AUDITORS AND BANK DISMISSED IN PARMALAT Read More »

The courts continue to broadly interpret the Securities Litigation Uniform Standards Act of 1998 (SLUSA) to prevent plaintiffs from circumventing the pleading and substantive restrictions of the Private Securities Litigation Reform Act (PSLRA) of 1995. In Segal v. Fifth Third …

THE COURTS CONTINUE TO STRICTLY APPLY SLUSA Read More »