Regular readers know that I have been maintaining a list (here) of subprime lending-related securities class action lawsuits. A cluster of new subprime lending lawsuits arrived this week, and these new lawsuits suggest additional directions in which the suprime lending litigation wave may be heading.

First, a lawsuit filed in behalf of employees

I was only away one week, but even in that short time there were many interesting developments in stories I have been following on this blog. Here is a news round-up, in no particular order:

NASDAQ’s Private Portal Approved: In an earlier post (here), I discussed the arrival of private securities markets, where

As the number and magnitude of buyout deals has continued to grow, shareholders have become increasingly restive. Shareholders seem increasingly inclined to demand, and in some cases successfully compel, a larger acquisition price for the target company. For example, Biomet shareholders successfully compelled the company’s would-be private equity acquirers to increase their $10.9 billion buyout

Lead Enron Plaintiff Moves to Dismiss Vinson & Elkins: In the serial retelling of the Enron collapse, the company’s outside professionals have been popular scapegoats, and among the most prominent targets has been the company’s former law firm, Vinson & Elkins. According to reports (here), between 1997 and 2001, Enron paid the

Stock Option Exercise Backdating: To date, the focus of the options timing scandal has been on the backdating of option grant date. But an October 30, 2006 New York Times article entitled “Dodging Taxes is a New Stock Option Scheme” (here, registration required) reveals that a new area of investigatory focus is the