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Securities litigation: the importance of monitoring and staying informed.
Corporate fraud--from Enron and WorldCom to recent instances of options backdating--has become an unfortunate part of the investment equation for public pension funds. Many institutional investors' portfolios have suffered large losses as a direct result of false financial reporting and the failure of corporate officers to live up to their fiduciary responsibilities.
The primary tool for investors to redress corporate fraud is securities class action litigation. Through litigation, billions of dollars have been recovered for investors. Certain large public plans take a prominent role in such litigation, and many smaller plans have been active as well. Because ...
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...investors to move to serve as Lead Plaintiff in the VantageMed Corp. securities litigation. In order to serve as Lead Plaintiff, however, you must meet...requirements. Under the Private Securities Litigation Reform Act of 1995, there...
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...the "Class Period"), who desires to be appointed a lead plaintiff in this action must seek appointment by December 22...counsel in cases nationwide, including the ongoing ImClone Securities Litigation. The firm also recently settled cases against Mattel...
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...the "Class Period"), who desires to be appointed a lead plaintiff in this action must seek appointment by December 22...including the ongoing ImClone and Northwestern Energy Securities Litigation. The firm also recently settled cases against Mattel...
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...representative parties [lead plaintiff and lead counsel...discretion to choose the lead plaintiff and counsel, and...provision of the Private Securities Litigation Reform Act of 1995...system in which the lead plaintiff would choose the...
Source: HighBeam Research, Securities litigation: the importance of monitoring and staying...