• Recently Filed Cases

    • Societe Generale

      The complaint charges Société Générale and certain of its executive officers with violations of the Securities Exchange Act of 1934. It alleges that defendants misrepresented or omitted material information regarding Société Générale’s internal controls, risk management procedures, policy and practices; and exposure to subprime real estate loans and collateralized debt obligations (“CDOs”). It also alleges that one of the defendants engaged in insider trading before the disclosure of billions of dollars of write-downs in connection with the Company’s subprime exposure and the loss of more than $7 billion as a result of a “massive fraud” by “unauthorized” trading over a period of two years by one of its derivatives traders.

  • Ongoing Cases

    • MF Global Ltd.

      The Complaint alleges that unbeknownst to investors, the Registration Statement and Prospectus issued in connection with the IPO were materially false and misleading because, among other things, it materially misrepresented MF’s risk management policies, procedures, and systems; falsely described them as disciplined, comprehensive and effective; falsely represented that it manages its exposure to risk with a centralized, hands-on approach; falsely represented that it monitors clients’ open positions and margin levels on a real-time basis, with both sophisticated technical systems as well as continuous oversight by highly experienced risk managers; falsely represented that its risk management methods conform to industry practices; falsely represented that its clients are required to maintain margin accounts with collateral sufficient to support their open trading positions; failed to disclose that in an effort to speed trades and be “efficient,” MF had suspended or eliminated its own internal risk management technical and human controls and supervision; and failed to disclose that it eliminated credit and risk analysis and buying power limits and controls from its systems, effectively allowing any MF employee to place orders without regard to the account’s satisfaction of margin requirements, collateral or ability to pay.

    • SiRF Technology Holdings, Inc.

      A class action lawsuit has been filed in United States District Court for the Northern District of California on behalf of purchasers of SiRF Technology Holdings, Inc. (NASDAQ: SIRF) securities between October 30, 2007 and February 4, 2008, inclusive.

    • Siemens AG

    • Marsh & McLennan Companies Inc.

  • Settled Cases

    • Zapata Corp.

      The complaint alleges that defendants engaged in a plan and scheme to artificially inflate Zapata's stock price by materially misrepresenting to the investing public the business condition, strategy and future business prospects of Zapata.

    • Western Digital Corp.

      Plaintiffs bring this action as a class action, pursuant to Fed. R. Civ. P. 23, on behalf of a class of purchasers of the common stock of Western Digital to recover damages arising from defendants' violations of the federal securities laws. This class action is brought on behalf of a class of all purchasers of Western Digital common stock (the "Class") between July 25, 1996 and January 29, 1998 (the "Class Period"). This action involves a course of conduct by Western Digital insiders, officers and directors of the Company that was designed to, and did, defraud those who purchased Western Digital securities during the Class Period.

    • V-One Corporation

      The Complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5). The action arises from damages incurred by the Class as a result of a scheme and common course of conduct by defendants which operated as a fraud and deceit on the Class during the Class Period.

    • Vivus, Inc.

      The complaint alleged that throughout the Class Period, defendants repeatedly disseminated to the investing public bullish statements, including the reporting of the purportedly outstanding success and market acceptance of the Company's primary product, MUSE.