Two items from around the web:
(1) The Wall Street Journal has an article (subscrip. req’d) today on efforts by Bernstein Litowitz to remove Milberg Weiss as co-lead counsel and re-open the lead plaintiff/lead counsel selection process in the Merck securities litigation. Merck’s motion to dismiss the case is currently pending before the court.
(2) Following up on an earlier post in The 10b-5 Daily concerning the British Petroleum derivative suit filed in Alaska state court, the Financial Times has a column (via a reprint in South Africa’s Business Day) on the case, the spread of U.S.-style shareholder litigation, and the potential corporate governance effects on foreign companies.