REPRESENTATIVE CASES

Class action settlement of 34 companion cases alleging defendant corporation officers committed fraud in violation of § 10(b) and Rule 10(b)(5) in public company reports resulting in large shareholder losses. Affirmed on appeal.
Class action settlement of alleged securities act violations against company moving its assets and operations to China. No appeal.
Nine-day jury trial awarded damages for plaintiff shareholders seeking millions against corporation officers/directors for securities violations. No appeal.
Securities and Exchange Commission brought civil enforcement action alleging securities fraud and scienter in public company reports against corporate officers of a large computer manufacturer in violation of § 10(b) and Rule 10(b)(5). Thirteen-day jury trial found defendants materially misrepresented revenues on units that had yet to be delivered to customers, which was improper under GAAP. Affirmed in part, reversed in part. Agreed consent judgments entered on remand.