Tag Archives: fraud investigator

Second Circuit Interprets Transaction Prong of Morrison Test

Recently, in Absolute Activist Value Master Fund Limited v. Ficeto, Docket No. 11-0221-cv, 2012 U.S. App. LEXIS 4258 (2d Cir. Mar. 1, 2012), the Second Circuit interpreted for the first time, the second prong of the test enunciated by the … Continue reading

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New York Court of Appeals Finds Private Right of Action is Not Precluded Under the Martin Act

Last year, in our December 2010 blog post, we reported about the “Martin Act” which provides the New York Attorney General with the authority to file civil or criminal charges for fraud in connection with the offer and sale of … Continue reading

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Securities Class Actions: Should Claimants Plead Section 20(b) in Light of Janus?

Securities law practitioners are undoubtedly aware of the U.S. Supreme Court’s decision in Morrison v. Nat’l Australia Bank, which appears to have significantly narrowed the scope of a plaintiff’s implied right of action under Section 10 of the Securities and Exchange … Continue reading

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