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Supreme Court Morrison Decision Yielding Dire Consequences for U.S. Investors

As the first lower court rulings citing the Supreme Court's decision in Morrison et al. v. National Australia Bank, Ltd. start to roll in, the worst fears expressed by Justice John Paul Stevens in his concurring opinion are coming true - U.S. investors who buy stock on foreign stock exchanges can no longer sue for fraud under U.S. federal securities laws.
 
Berman DeValerio Files Securities Class Action Against Amedisys, Inc.

The law firm of Berman DeValerio has announced it filed a securities fraud lawsuit today against Amedisys, Inc. (Nasdaq: AMED) ("Amedisys" or the "Company") and certain of its top officials.
 
New York, Ohio seek lead in BP case

Four Ohio public pension funds and the New York State Common Retirement Fund are seeking to be named joint lead plaintiffs in a class action against BP Plc ("BP" or the "Company") that aims to recover investment losses related to the massive Gulf of Mexico oil spill.

 
BERMAN DEVALERIO IN THE NEWS
Firm’s Case Against Credit Rating Agencies Highlighted In Calif. Legal Paper
The firm's work on behalf of CalPERS against the nation's three major credit rating agencies was recently featured as the cover story in a prominent California legal publication.  
 
Firm Files Lawsuit Against Parent of Hedge Fund Invested in Madoff

Massachusetts Mutual Life Insurance Co. failed in its responsibility to protect clients from investing their money with Bernard L. Madoff Investment Securities, a Berman DeValerio attorney told The Boston Globe.
 
International Spotlight Shines on Rating Agencies Suit

A lawsuit filed by Berman DeValerio against the major credit rating agencies has drawn international media coverage as far away as India and New Zealand.
 

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2008 Law Seminars International Program

Over the last twenty-five years, damages calculations in securities class actions have become increasingly more complex and sophisticated. Starting from a relatively basic analysis to highly intricate event studies, defendants have sought to require plaintiffs to provide damage models that more accurately reflect the various factors impacting a company’s stock price movement.