Inside The Courts - March 2013 | Volume 5 | Issue 1


In This Issue:


- Class Certificaton - Amgen Inc. v. Conn. Ret. Plans and Trust Funds, No. 11 1085 (U.S. Feb. 27, 2013)

- Statutes of Limitations - Gabelli v. Sec. & Exch. Comm’n, No. 11-1274 (U.S. Feb. 27, 2013)


- In re Computer Scis. Corp. Sec. Litig., No. 1:11-cv-610 (E.D. Va. Dec. 19, 2012)


- Derivative Litigation - Ark. Teacher Ret. Sys. v. Mozilo, No. 10-56340 (9th Cir. Jan. 10, 2013)

- Mergers and Acquisitions - In re Celera Corp. S’holder Litig., No. 212, 2012 (Del. Dec. 27, 2012, revised Jan. 2, 2013)

- In re Novell, Inc. S’holder Litig., No. 6032-VCN (Del. Ch. Jan. 3, 2013)


- In re Merck & Co., Inc. Sec., Derivative & “ERISA” Litig., MDL No. 05-1658 (SRC) (D.N.J. Dec. 12, 2012)


- Kleinman v. Elan Corp., No. 11-3706-cv (2d Cir. Feb. 1, 2013)


- Fed. Hous. Fin. Agency v. JP Morgan Chase & Co., No. 11 Civ. 6188 (DLC) (S.D.N.Y. Dec. 3, 2012)


- State v. Marsh & McLennan Cos., Inc., No. SC S059386 (Or. Dec. 13, 2012)


- In re Satyam Computer Servs. Ltd. Sec. Litig., No. 09 MD 2027 (BSJ) (S.D.N.Y. Jan. 2, 2013)


- In re WebMD Health Corp. Sec. Litig., No. 11 Civ. 5382 (JFK) (S.D.N.Y. Jan. 2, 2013)


- Gibbons v. Malone, No. 11-3620-cv (2d. Cir. Jan. 7, 2013)


- Kasilag v. Hartford Inv. Fin. Servs., LLC, No. 11-1083 (RMB/KMW) (D.N.J. Dec. 17, 2012)


- Solow v. Citigroup, Inc., No. 12-2499-cv (2d Cir. Jan. 15, 2013)


- Filing v. Phipps, No. 11-4157 (6th Cir. Oct. 23, 2012)


- In re VeriFone Holdings, Inc. Sec. Litig., No. 11-15860 (9th Cir. Dec. 21, 2012)

- Iowa Pub. Emp.’s Ret. Sys. v. Deloitte & Touche LLP, No. 12 Civ. 2136 (JPO) (S.D.N.Y. Jan. 23, 2013)

- Sarafin v. BioMimetic Therapeutics, Inc., No. 3:11-0653 (M.D. Tenn. Jan. 10, 2013)


- In re DVI Inc. Sec. Litig., No. 03-5336 (E.D. Pa. Jan. 4, 2013)

- Meridian Horizon Fund, L.P. v. Tremont Grp. Holdings, Inc., No. 09 Civ. 3708 (S.D.N.Y. Dec. 11, 2012)


- N.J. Carpenters Health Fund v. Royal Bank of Scotland Grp., PLC, No. 12-1707 cv (2d Cir. Mar. 1, 2013)

- Silverstrand Invs. v. AMAG Pharm., Inc., No. 11-2063 (1st Cir. Feb. 4, 2013)


- Freeman Investments, L.P. v. Pacific Life Ins. Co., No. 09-55513 (9th Cir. Jan. 2, 2013)


- In re Century Aluminum Co. Sec. Litig., No. 11-15599 (9th Cir. Jan. 2, 2013)

- In re Am. Int. Grp., Inc. Sec. Litig., No. 04 Civ. 8141 (DAB) (S.D.N.Y. Jan. 7, 2013)

- Excerpt from Supreme Court Holds Securities Fraud Plaintiffs Are Not Required

To Prove Materiality of Allegedly False Statements to Certify a Class:

In a 6-3 decision, the Supreme Court of the United States held that a securities fraud plaintiff alleging fraud on the market need not establish the materiality of an alleged fraudulent statement in order to obtain class certification. Justice Ginsburg delivered the opinion of the Court, and Justices Scalia, Thomas and Kennedy dissented.

Please see full memorandum below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Skadden, Arps, Slate, Meagher & Flom LLP | Attorney Advertising

Written by:


Skadden, Arps, Slate, Meagher & Flom LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.