Cases To Watch In 2007

Law360, New York (December 22, 2006, 12:00 AM EST) -- 2007 is already shaping up to be a precedent-setting year for securities litigation. Several important cases on the horizon have the power to change the landscape of the securities industry.

Here are five cases to watch in 2007:

* IPO Litigation *

The Initial Public Offering Litigation, currently pending before the U.S. District Court for the Southern District of New York, comprises more than 1,000 cases against over 300 companies that were consolidated before Judge Shira Scheindlin.

The plaintiffs have alleged that investment banks underwriting IPOs...
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