Month: March 2015

Last year the number of securities class action cases settled remained largely constant compared to the prior year, according to a report by Cornerstone Research (here). At the same time the number of cases alleging GAAP violations increased, although only …

More Class Actions Claim GAAP Violations, Less Paralleled by SEC Case Read More »

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The Supreme Court defined the circumstances under which liability can be imposed for opinion statements under Securities Act Section 11. Specifically, the Court held that such liability could be imposed on two theories: One focuses “on what the statement says …

Omnicare: Section 11 Liability and Opinions Read More »

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