Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. Most investors understand that if they are
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Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. In a case that should catch the attention of institutional investors who invest in the private
The Building and Construction Trades Department's 2012 Legislative Conference. April 29 - May 2, 2012 Washington, D.C. The Building and Construction Trades Conference highlights the political and legislative issues
If you have experienced substantial losses and wish to move the court for lead plaintiff status, you must do so before the deadlines listed below. If you wish to file a claim in a case that has settled or have any other
Reed R. Kathrein, partner, leads Hagens Berman's San Francisco office. He focuses on financial fraud and securities litigation. The Dodd-Frank Wall Street Reform Bill passed in July 2010, established a new
The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against JPMorgan Chase Bank, N.A. (JPMorgan) for its
As the new year gets underway, we are now starting to see progress on the organization of the civil cases, brought by investors and customer, against MF Global, Jon Corzine, and others being blamed for
For years we have battled defendants' arguments that investors could not bring claims against fraudsters under New York common law. Thus, in cases such as those relating to Madoff feeder funds, the
Institutional investors often ask why they should become involved in private securities litigation. After all, "Isn't the SEC protecting us?" Yes and no. The SEC is tasked with protecting investors, maintaining fair, orderly
Larger funds often engage in foreign exchange transactions through their custodial banks. The custodial banks recognize that it is their job to help fund managers meet their
The mortgage-backed securities (MBS) crisis is over, right? Wrong! Many public fund managers are just beginning to realize that they are holding toxic assets and are incurring actual losses on their investments.
What do Paulson & Co., Carlyle Group and Fidelity Investments all have in common? Each held between 14 and 22 percent ownership of a Chinese company whose stock has plummeted due to suspected fraud. These are
In their best-selling book, "Freakonomics" author Stephen Dubner and economist Steven Levitt make an interesting argument about real estate agents. When you hire a real estate agent, you assume that
The phrase "too big to fail" has become an important part of the American lexicon over the last few years as investors try to recover from yet another man-made financial disaster. The common understanding
Matrixx Initiatives, Inc. (Nasdaq: MTXX), the makers of Zicam products, looks like it may have come close to violating the securities fraud statutes when it failed to provide the Food and Drug Administration (FDA) with more than 800 reports relating to the loss of sense of smell associated with the Zicam Cold Remedy intranasal products.
All day today, I heard news reports about Bernie Madoff admitting to the court that, yes, he did run a Ponzi scheme of epic proportions that sucked something like
As we proceed to work our way through the Madoff litigation, we focus on cases where we believe there is a source of recovery for our clients. To date, that is largely the Tremont Rye Funds, controlled
Earlier today, we filed a class-action suit on behalf of investors in the Oppenheimer Champion Income Fund (OPCHX). We are claiming that the fund managers misled investors; we contend they painted
Persuasion is a funny thing. On one hand, I can't talk a flight attendant into giving me an extra packet of peanuts. On the other, a New York con man convinced thousands
We are finally done with a seemingly interminable election season and it's safe to say there is a feeling of hope and optimism across the country. But as President-Elect
