Late last year, the 2nd U.S. Circuit Court of Appeals in New York ruled against Goldman Sachs in its attempt to limit those represented in MBS class actions. The Court ruled that a union pension fund appropriately
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In a 6-3 decision in February, the Supreme Court ruled for investors in the class-action case Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11- 1085. The question in the case was
Hagens Berman partner Shayne Stevenson is quoted in a Law 360 article regarding the SEC whistleblower program. Read the full text.
Janier Acevedo climbs to stage two victory and leads the overall. Team Jamis - Hagens Berman scored the biggest win in the team's history when Janier
"A New York federal court ruling Tuesday that keeps alive a UBS AG whistleblower's retaliation suit marks a key victory for the U.S. Securities and Exchange Commission
Charles Munger, vice-chairman at Berkshire Hathaway, once gave a speech touting the importance of incentives in guiding human behavior. He told the story of Xerox
In one of the most stinging criticisms of the Securities and Exchange Commission (S.E.C.) in recent years, Columbia University Professor John C. Coffee, Jr., has now called upon the S.E.C. to hire plaintiffs
Hagens Berman Sobol Shapiro LLP, a law firm dedicated to protecting the interests of whistleblowers, today praised the Department of Health and Human Services
The Wall Street Journal today featured a story on the front page regarding high-speed trading and illegal activities. Hagens Berman represents Haim Bodek, a
Sometimes the federal securities laws are simply inadequate. This is especially true when the lawyers, auditors or bankers – the gatekeepers – turn a blind eye. Under the federal securities laws, aiders
Reminiscent of the Supreme Court's decision in Morrisson v. National Australia Bank, we are disappointed by the Southern District of New York's recent decision narrowly reading the Securities Exchange
Materiality Need Not Be Proven at Class Certification Stage In a 6-3 decision in February, the Supreme Court ruled for investors in the class-action case Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11- 1085. The question in the case was whether plaintiffs in securities fraud cases should be required to prove that the defendant had made a material misstatement be
Many clients have investments tied to Libor, which was allegedly manipulated by the big banks over the last several years. Many who suffered losses from this well-reported and seemingly well-documented
Attorney Steve W. Berman, managing partner and co-founder of Seattle-based Hagens Berman Sobol Shapiro LLP, was today named one of the 100 Most Influential Lawyers
A government database that has a main diet of complaints about consumer fraud is having to loosen its belt a notch these days. A record 2.1 million consumer
Annette Cary, Tri-City Herald - The federal government has negotiated a tentative settlement agreement in a whistleblower lawsuit accusing Fluor Hanford of
SFGate - Arkansas state employees who expose government waste and inefficiencies that lead to savings for the state will be entitled to a reward starting later
Gov. Mike Beebe on Friday signed into law a bill changing the state's whistleblower statute to include a reward for reporting fraud and abuse in government.
This complete story can be found on the SFGate website.
In 1935, Austrian physicist Erwin Schrödinger, a contemporary of Albert Einstein, postulated a thought experiment in which a live cat was placed inside a box.
In dangerous industries like nuclear power generation, airlines and railroads, Congress has recognized that public safety is at risk if employees don't report safety problems
The long-awaited trial of BP for the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming the company for
