Year: 2009

David Friehling, auditor through his CPA firm of Bernard L. Madoff Investment Securities LLC and its predecessor, pleaded guilty to a nine-count criminal information and agreed to certain forfeitures. Mr. Friehling also entered into a cooperation agreement with the government. …

MADOFF ACCOUNTANT PLEADS GUILTY, IS RELEASED ON BAIL Read More »

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 »