Month: November 2009

In affirming the district court’s certification of the class in In re Constar International Inc. Sec. Litig., No. 08-2461 (3rd Cir. Oct. 29. 2009), the circuit court drew a sharp distinction between the requirements of a claim under Securities Act …

CLASS CERTIFICATION, SECTION 11 AND EFFICIENT MARKETS Read More »

Hedge funds and insider trading are recurring themes in SEC enforcement these days. The SEC and DOJ recently brought a blockbuster set of insider trading cases involving the founder of Galleon fund, discussed here. Insider trading has, of course, been …

INSIDE TRADING AND HEDGE FUNDS – RECURRING THEMES Read More »