Backdating litigation fails to deliver
Friday, May 16th, 2008The latest data suggests that Us shareholder class action lawsuits over backdating have not been successful
The latest data suggests that Us shareholder class action lawsuits over backdating have not been successful
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Litigation is on the increase with the subprime crisis
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The prospect of litigation funders threaten to drive auditors out of business. But do auditors deserve liability caps?
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Raising his profile and flirting with the idea of a presidential bid, New York Mayor Michael Bloomberg has just received unwanted publicity with news that the company he founded is being sued by the Equal Employment Opportunity Commission for discriminating against pregnant women.
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Lawyers are now warning that the credit meltdown could leave banks, hedge funds and private equity firms embroiled in costly litigation. Whenever there is a downturn there is increased litigation. But this time, it could get ugly because we don’t know how bad the problem really is.
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