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3 Resources for

securities litigation and settlement

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Securities litigation trends climbing.(RM Tools & Techniques)
The overall dollar value of securities litigation settlements appears to be on pace to equal or exceed the level reported last year, with settlements totaling $1.5 billion so far this year, according to a PricewaterhouseCoopers analysis. In a rece The overall dollar value...
Tags: PricewaterhouseCoopers Consulting, securities litigation, settlement
Research articles 2003-09-01
Securities law a mixed bag; experts predict reform will reduce some lawsuits, boost offers.
The Securities Litigation Reform Act that became law over President Clinton's veto last month may well prove a mixed blessing for business, resulting in fewer but more costly class-action securities suits. Meanwhile, uncertainty over the new law's ultThe Securities Litigation Reform Act that became law over...
Tags: Chubb Corp., company, D&O, litigation, Safe Harbor, securities litigation, settlement
Research articles 1996-01-08
Fitch: Xerox's Ratings & Outlook Unaffected by Preliminary Settlement of Securities Litigation Case
NEW YORK -- Fitch's ratings and Stable Outlook for Xerox Corporation Xerox (NYSE:XRX) are unaffected by the company's announcement that it has received preliminary court approval of a $670 million settlement agreement for a consolidated securities lawsuit, Carlson v. Xerox Carlson. Fitch believes the Carlson litigation, consisting of 21 cases,...
Tags: Fitch, Microsoft Outlook, securities litigation, settlement, Xerox Corp.
Research articles 2008-03-27

Additional Resources

UC Reaches $2 Billion Settlement with Citigroup in EnronSecurities Class Action; UC Counsel Available for Media at 11 AM EDT
NEW YORK, June 10 /U.S. Newswire/ -- The University of California UC today announced a $2 billion settlement with Citigroup in the Enron Corp. securities litigation. The settlement is subject to approval by the UC Board of Regents and the Board of DirecNEW YORK, June 10 /U.S. Newswire/ -- The...
Tags: Citigroup Inc., Enron Corp., settlement
Research articles 2005-06-10
L-1 Identity Solutions Announces Joint Filing for Preliminary Approval of Settlement of Viisage Class Action Securities Litigation
STAMFORD, Conn. -- L-1 Identity Solutions, Inc. (NYSE:ID) today announced that the Company and counsel for the plaintiff class have recently filed a joint motion for preliminary approval of a settlement of Viisage Technology Securities Litigation, Civil Action No. 05-10438-MLW, in the United States District Court for the District of...
Tags: litigation, securities litigation
Research articles 2007-07-31
Bernstein Litowitz Berger & Grossmann LLP Announce Computron Securities Litigation Settlement Fund Distributed
NEW YORK--BUSINESS WIRE--November 17, 1998--On Friday November 6, 1998, proceeds from the previously announced settlement of the class action securities litigation against Computron Software, Inc., were sent to class members whose claims were approved by the United States District Court for the District of New Jersey, according to Bernstein Litowitz...
Tags: Business Wire, Litigation, settlement, stock
Research articles 1998-11-17
Motley Rice LLC is Issuing the Following Statement Regarding the NPS Pharmaceuticals, Inc. Securities Litigation
MT. PLEASANT, S.C. -- IN THE UNITED STATES DISTRICT COURT, DISTRICT OF UTAH, CENTRAL DIVISION, IN RE NPS PHARMACEUTICALS, INC. SECURITIES LITIGATION, Case No. 2:06cv00570 PGC, a summary notice...
Tags: Motley Rice LLC
Research articles 2009-03-25
PerSeptive Biosystems, Inc. Receives Final Court Approval of Securities Litigation Settlement
FRAMINGHAM, Mass.--HealthWire--August 11, 1995--PerSeptive Biosystems, Inc. (Nasdaq: PBIO) reported today that the U.S. District Court in Boston, Massachusetts has granted final approval of the settlement of the pending class action securities litigation brought against PerSeptive and certain of its officers in December 1994. This global settlement resolves claims...
Tags: PerSeptive BioSystems Inc.
Research articles 1995-08-11
Weiss & Lurie and Leeds Morelli & Brown Announce the Proposed Settlement of In re VoiceFlash Networks, Inc. Securities Litigation
NEW YORK -- The United States District Court for the Southern district of Florida (the "Court") has ordered that notice be given of the proposed settlement, motion for attorneys fees and settlement fairness hearing in the class action entitled In re VoiceFlash Networks, Inc. Securities Litigation, 03-80099-Civ-Marra/Seltzer, to all persons...
Tags: securities litigation
Research articles 2007-02-06
American Business Computers Announces Preliminary Settlement Of Securities Litigation
AKRON, Ohio--BUSINESS WIRE--November 30, 1994--American Business Computers Corporation (NASDAQ:ABCC) announced today that it has reached an agreement in principle for settlement of a class action lawsuit with all parties subject to preparation of definitive settlement agreements and approval of the Court. Plaintiffs in the securities litigation filed...
Tags: agreement, Business Wire, computer, Litigation, settlement
Research articles 1994-11-30
The Public Employees' Retirement Association of Colorado Announces Settlement of Royal Ahold N.V. Securities Litigation.
AMSTERDAM, The Netherlands, November 28 /PRNewswire/ -- - Royal Ahold N.V. to Pay US$1.1 Billion in a Settlement of All Claims Against Royal Ahold N.V. and All Defendants Other Than Deloitte & Touche Entities Royal Ahold N.V. ("Ahold") has agreed...
Tags: Ahold USA Inc., Royal Ahold N.V.
Research articles 2005-11-28
In Re ICN Pharmaceuticals, Inc. Securities Litigation Settlement Hearing Date Corrected to January 26, 1998
NEW YORK--BUSINESS WIRE--Dec. 19, 1997--A Notice published in the New York Times on December 2, 1997 and in the Wall Street Journal on December 5, 1997 advising class members of an upcoming Settlement hearing in the In re ICN Pharmaceuticals, Inc. Securities Litigation, pending in the United States District Court,...
Tags: Business Wire, California, settlement
Research articles 1997-12-19
Bristol-Myers Squibb Agrees to Record Securities Litigation Settlement with Sweeping Drug Disclosure Requirements Announces Labaton Sucharow
NEW YORK -- After prosecuting the securities litigation claims against Bristol-Myers Squibb Co. ("BMS") for over five years, Labaton Sucharow, Lead Counsel representing the class and Lead Plaintiff, the LongView Collective Investment Fund of the Amalgamated Bank, reached an agreement in principle to settle the claims for $185 million in...
Tags: Bristol-Myers Squibb Co., securities litigation
Research articles 2006-01-23
Microtune Announces Final Court Approval for Settlement of Securities Class Action Litigation and Derivative Litigation
PLANO, Texas -- MicrotuneR, Inc. (Nasdaq:TUNE) announced today that the United States District Court for the Eastern District of Texas, Sherman Division, has entered orders and final judgments approving the previously announced settlements of the consolidated securities class action litigation and the consolidated shareholder derivative litigation involving Microtune.
Research articles 2005-04-06
UC Reaches $2 Billion Settlement with Citigroup in Enron Securities Class Action; UC Counsel Available for Media
NEW YORK -- The University of California UC today announced a $2 billion settlement with Citigroup in the Enron Corp. securities litigation. The settlement is subject to approval by the UC Board of Regents and the Board of Directors of Citigroup Inc., and court approval. The university is lead plaintiff...
Tags: Citigroup Inc., class action, Enron Corp.
Research articles 2005-06-10
Summary Notice of Class Action, Proposed Settlement and Hearing Thereon Issued in Re Bausch & Lomb, Inc. Securities Litigation
ROCHESTER, N.Y. -- The following statement is being issued by the law firm of Wolf Haldenstein Adler Freeman & Herz LLP regarding the In Re Bausch & Lomb Inc. Securities Litigation.
Tags: Bausch & Lomb Inc., class action, securities litigation
Research articles 2004-09-14
Orbit International Corp. Announces Second Quarter Results and Settlement of Class Action Lawsuit
HAUPPAUGE, N.Y.--BUSINESS WIRE--Aug. 11, 1998--Orbit International Corp. (NASDAQ:ORBT) today announced results for the second quarter and six months ended June 30, 1998. The Company also announced that a settlement with respect to the USA Classic class action securities litigation has been reached subject to an executed "Stipulation of Settlement" by...
Tags: class action, Settlement
Research articles 1998-08-11
Strategic analysis of securities litigation against independent auditors.
INTRODUCTION In 1992 the world's six largest accounting firms asserted that the accounting profession faced a liability crisis characterized by "unwarranted litigation and coerced settlements" (Arthur Andersen et al. 1992, 1). Of particular concern to Arthur Andersen et al. were securities class-action lawsuits, which they cited as the...
Tags: Journal of Commerce Inc.
Research articles 2002-09-01
January 31, 2001 Is the Deadline for Filing a Claim to Share in the $30 Million Settlement in the Assisted Living Concepts, Inc. Securities Litigation@.
GARDEN CITY, N.Y., Dec 06, 2000 The following press release is being issued by the law firms of Stoll Stoll Berne Lokting & Shlachter, P.C., Bernstein Litowitz Berger & Grossmann, LLP and Schiffrin & Barroway, LLP: January 31, 2001 is the deadline...
Tags: Garden City Inc.
Research articles 2000-12-06
Alloy Announces Dismissal of Securities Class Action and Proposed Settlement of Related Derivative Action
NEW YORK -- Alloy, Inc. (Nasdaq:ALOY), a media, marketing services, direct marketing and retail company primarily targeting the dynamic Generation Y population, today announced that it has settled the putative class action, entitled In Re Alloy, Inc. Securities Litigation, 03 CV 1597 WHP (the "Securities Litigation"), which action was filed...
Tags: Alloy, securities litigation
Research articles 2004-12-27
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