

Observers of securities class action litigation know that virtually every securities suit that survives dismissal ultimately settles. Very few securities suit go to trial. In the following guest post, Teresa Milano, SVP, Lockton, and Doug Green, Partner, BakerHostetler, suggest that securities litigation overall would benefit if more cases were tested on the merits. The authors provide suggestions of how the goal of merits-based case resolutions might be realized. I would like to thank Teresa and Doug for allowing me to publish their article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is the authors’ article.Continue Reading Guest Post: Changing the Mindset About Securities Class Actions
The subprime-related securities lawsuit pending against BankAtlantic Bancorp and certain of its directors and officers is headed to trial on October 6, 2010 in Miami, following the recent summary judgment rulings in the case. Southern District of Florida Judge Ursula Ungaro’s