July 20, 2016
A Pennsylvania federal judge on Wednesday refused to "salt the wounds" of the non-victorious investor who brought a putative securities class action against a dozen trading firms and impose sanctions on his lead counsel, saying the investor had reasonable basis to make his claims.
April 21, 2016
A Pennsylvania federal judge on Thursday dismissed a proposed class action alleging market makers in the Philadelphia Stock Exchange conspired to cheat smaller options traders of stock dividends, finding the investor bringing the suit couldn't show the traders' conduct was unlawful.