Yes, the recent lead counsel news is heavy on securities. When the rest of the class action bar inevitably resumes its infighting, imPaneled will reflect that. In the meantime, more securities news. Berman DeValerio landed the opening salvo in City of Brockton Retirement System v. Avon Products, Inc., No. 1:11-cv-04665 (S.D.N.Y.) (Gardephe, J.). Wolf Popper and Motley Rice followed suit, the latter with the largest financial interest–by far. Late last week, the court entered a stipulated order appointing Motley Rice as lead counsel, the others to the Executive Committee. The docket is here.
Know when to hold ’em . . .
Posted by Bart Cohen on 10/06/2011