Recent items
Bear Stearns hedge fund managers -
Criminal / SEC
EDNY denies DOJ request for stay of SEC proceedings
Opinion and more at USA & SEC v Cioffi
10.27
National Australia: 2nd Cir
rules on "foreign-cubed litigation"
Upholds jurisdictional dismissal of claims brought by
foreign plaintiffs who bought a foreign issuer's
securities on a foreign exchange
Opinion and more at National Australia
Centene
8th Circuit affirms Tellabs standard dismissal
10.17
Bombardier
2nd circuit affirms ABS wasn't an efficient market
Supreme Court may hear 10(b) statute
of limitations case
Ninth Circuit case: Trainer Wortham v Betz
See Supreme Court
Update on Auction Rate Securities
* UBS plaintiffs move to lift discovery stay to
obtain materials
produced to SEC and other regulators
* Citigroup files its motion to dismiss
* Multidistrict Panel declines to consolidate 31 ARS
lawsuits
See Auction Rate Securities
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