Archives: IPO Laddering Cases

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IPO Laddering Cases Settled for $586 Million

The consolidated  IPO Laddering Cases, that superannuated vestige of a long-gone era that has continued to grind on despite numerous procedural setbacks, apparently has been settled (again), at least according to the parties’ April 1, 2009 settlement stipulation (here). Hat tip to the Law Blog for the link to the stipulation.   According to … Continue Reading

Second Circuit Rejects Class Action Against Underwriter Defendants in IPO Laddering Cases

According to reports in a December 6, 2006 article in the New York Times entitled "Court Rejects Class Action Against Banks" (here, registration required) and a December 6, 2006 Wall Street Journal article entitled "Wall Street Wins Ruling Blocking IPO Class Action" (here, subscription required) on December 5, 2006, the United States Court of Appeals … Continue Reading