Year: 2013

Securities class action settlement trends show fewer cases settling last year but for dollar amounts comparable to earlier years. The number of securities class actions with a parallel SEC enforcement action declined while those with a derivative suit increased.

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The SEC settled two insider trading cases this week in which S.A.C. Capital was named as a relief defendant. In one it obtained the largest payment to date in an insider trading case, about $600 million. Reportedly S.A.C. Capital will …

This Week In Securities Litigation (Week ending March 22, 2013) Read More »

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