Law360 (March 26, 2018, 12:35 PM EDT) -- Securities class action filings thus far in 2018 highlight a remarkable ongoing shift in the nature of suits brought by investors under the federal securities laws, as well as the need for the law firms pursuing these cases to evolve.
A decade ago, accounting fraud cases dominated the headlines, with investors suffering losses stemming from improper revenue recognition, delayed asset impairment and revenue "smoothing."
A classic example of such a case is In re WorldCom Inc. Securities Litigation, in which the then-second largest long-distance phone company in the United States was sued over revelations in 2002 that it had employed accounting...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!