Legal Research

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Securities Class Action Litigation
Friday, January 30, 2009
By Samuel H. Rudman

" Samuel H. Rudman, a partner at Coughlin Stoia Geller Rudman & Robbins, writes that the holding in W.R. Huff is in line with the PSLRA, which requires courts to appoint as lead plaintiff the class member that can fairly and adequately represent the interests of the class. To appoint an investment adviser who lacks an actual financial interest in the relief sought would be contrary to one of the fundamental principles of the PSLRA, he notes, which is to appoint as lead plaintiff, those 'class members with large amounts at stake.' "

International Litigation
Friday, January 30, 2009
By Lawrence W. Newman and David A. Zaslowsky

"Lawrence W. Newman and David Zaslowsky, partners at Baker & McKenzie, write: Many international arbitration disputes, because they frequently involve substantial amounts of money, are heard before panels of three arbitrators. The person assuming the role of the chairperson of the tribunal has powers and responsibilities that are sometimes not fully appreciated by those not accustomed to the ways of international arbitration."

OUTSIDE COUNSEL.

Ponzi Scheme Recovery: Investors, Brokers Versus Trustees
Friday, January 30, 2009
By James B. Glucksman and Robert L. Rattet

"James B. Glucksman, a senior associate at Rattet, Pasternak & Gordon Oliver, and Robert L. Rattet, a partner at the firm, write that the Madoff Securities collapse and similar events can be expected to create an onslaught of litigation against both investors and brokers. In appropriate circumstances, they conclude, this litigation can be effectively defended, and in proper cases equitable settlements negotiated."

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Free With Registration: Photo Essay: State Bar Annual Meeting
Friday, January 30, 2009
"Amidst the dozens of programs and speeches, a number of lawyers were honored for a variety of achievements during the past year. "