Frank Oliva

Frank Oliva

BakerHostetler

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U.S. Supreme Court To Review Fifth Circuit’s SLUSA Decision in Stanford Ponzi Scheme Case

The Supreme Court recently granted certiorari to examine the “in connection with” requirement of the Securities Litigation Uniform Standards Act (“SLUSA”) in Chadbourne & Parke LLP v. Troice, No. 12-79....more

1/28/2013 - Chadbourne & Parke LLP v Troice Class Action Ponzi Scheme SCOTUS SLUSA

Delaware Supreme Court Allows Opt-Out Right in Securities Case Certified on Equitable Grounds

In In Re Celera Corporation Shareholder Litigation, No. 212, 2012 (Del. Dec. 27, 2012), the Delaware Supreme Court reversed the lower Court of Chancery and ruled that a large holder of Celera Corporation (“Celera”) shares...more

1/16/2013 - Abuse of Discretion Appeals Celera Class Action Class Representatives Fiduciary Duty Mootness Opt-Outs Preliminary Injunctions Settlement Shareholder Litigation Standing

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