FINANCE LAW

Consolidated Securities Class Action Complaint Filed Against BofA Over Merrill Merger Disclosures The American Lawyer; September 29, 2009 Even though the rejected Securities and Exchange Commission settlement with Bank of America for alleged disclosure deficiencies in BofA’s merger with Merrill Lynch has been getting all the attention, the securities class action against the company that’s […]

Blakely v. USAA Casualty Insurance Company (10th Cir. 01/25/2011) PUBLISH Before TACHA, SEYMOUR, and LUCERO, Circuit Judges. Plaintiffs-appellants Alan and Colelyn Blakely appeal the district court’s entry of judgment in favor of defendant-appellee USAA Casualty Insurance Company (“USAA”) on the Blakelys’ claims for breach of contract, breach of the implied covenant of good fath and […]

Supreme Court to Decide Whether Class Certification in a Securities Fraud Case Requires Proof of Loss Causation 02/11/2011 In Basic Inc. v. Levinson, 485 U.S. 224 (1988), the Supreme Court held that in a federal securities fraud class action, if the plaintiff proves that the defendant’s shares are publicly traded on an efficient, well developed […]

Georgia Court of Appeals Reports COREGIS INSURANCE CO. v. NELSON, A06A1151 (Ga.App. 11-20-2006) COREGIS INSURANCE CO. v. NELSON et al. A06A1151 Court of Appeals of Georgia. DECIDED: NOVEMBER 20, 2006 BERNES, Judge. Following a school bus accident, Marie Mizell, individually and as parent and next friend of the minor child Charles Anthony Nelson, sought no-fault […]

New York Court of Appeals Reports IN THE MATTER OF DAIMLER CHRYSLER v. SPITZER, 174 (N.Y. 12-14-2006) In the Matter of Daimler Chrysler Corporation, et al., Appellants, v. Eliot Spitzer, & c. et al., Respondents., In the Matter of General Motors Corporation, Appellant, v. James Warner, Respondent. 174, 175. Court of Appeals of the State […]

United States 3rd Circuit Court of Appeals Reports NATIONWIDE MUTUAL INS. CO. v. COSENZA, 258 F.3d 197 (3rd Cir. 2001) NATIONWIDE MUTUAL INSURANCE COMPANY, v. William COSENZA; Angelina C. Cosenza, h/w; Patsy Dezii, William Cosenza; Angelina C. Cosenza; Patsy Dezii, Appellants. No. 00-4151. United States Court of Appeals, Third Circuit. Argued May 31, 2001. Filed […]