The 10b-5 DailyNews and events related to securities class action litigation. Containing all facts, with particularity, and an occasional dose of commentary.Break In The Action- June 23, 2008 There will be no new posts on The 10b-5 Daily until after June 30....http://www.the10b-5daily.com/archives/000933.html Global Fraud On The Market- June 19, 2008 The jurisdictional issues surrounding "foreign cubed" cases - i.e., an action brought against a foreign issuer, on behalf of a class that includes not only investors who purchased the securities in question on a U.S. securities exchange, but also foreign...http://www.the10b-5daily.com/archives/000932.html The Business Of Getting Business- June 14, 2008 The recruitment of foreign institutional investors to act as lead plaintiffs in U.S. securities class actions is a well-established practice. An interesting look into how these clients are obtained can be found in a breach of contract action recently filed...http://www.the10b-5daily.com/archives/000931.html Around The Web- June 12, 2008 A few items of interest from around the web. (1) Professor Michael Perino's paper finding that investors may have been damaged in cases where Milberg Weiss improperly compensated the lead plaintiff has some critics. Ideoblog has a comment and response...http://www.the10b-5daily.com/archives/000930.html Going To Trial- June 4, 2008 The Wall Street Journal had an article in yesterday's edition on the JDS Uniphase securities class action trial. The article discusses how the inability to reach a settlement forced the company to risk bankruptcy by taking its chances with a...http://www.the10b-5daily.com/archives/000929.html Brocade Settles- June 3, 2008 Brocade Communications Systems, Inc. (NASDAQ: BRCD), a California-based data center networking and services company, has announced the preliminary settlement of the securities class action pending against the company in the N.D. of California. The case, originally filed in May 2005,...http://www.the10b-5daily.com/archives/000928.html |