In this securities fraud case, U.S District Judge Deborah Batts denied class certification for AIG bonds and sharply limited the remainder of plaintiffs’ case due to the failure of plaintiffs and their expert to demonstrate loss causation. Moreover, Judge Batts...

Plaintiff shareholders filed class action suits in both the Court of Chancery of the State of Delaware and in Texas state court challenging the consideration and terms of the merger agreement between Xerox Corporation and Affiliated Computer Services, Inc. (ACS)...

In a matter submitted to FINRA arbitration, claimant Ramius Capital Group, LLC alleged fraud through disclosure defects in connection with its purchase of collateralized debt obligations. Compass Lexecon expert Charles Cox testified on behalf of Ramius regarding liability, materiality, and...

Plaintiff, City of St. Clair Shores Police and Fire Retirement System, filed a class action suit in Texas state court challenging the merger agreement between Xerox Corporation and Affiliated Computer Services, Inc. (ACS). Compass Lexecon expert Charles Cox submitted a...

On March 19, 2009, a jury in Federal Court for the Middle District of Florida returned a verdict for our client, Plaintiffs Shareholder Corporation (PSC), against Southern Farm Bureau Life Insurance Co. and awarded PSC $31.7 million in damages. PSC...

Fannie Mae and Franklin Raines, Fannie Mae’s former Chairman of the Board and CEO, were accused by its regulator of improper accounting practices and activities that threatened the safety and soundness of Fannie Mae. Daniel R. Fischel, supported by David...