A few interesting items:
(1) What is Judge Sonia Sotomayor’s record in securities class actions? Two notable Second Circuit decisions in which she has participated are Dabit (later unanimously overturned by the Supreme Court) and In re IPO Securities Litigation.
(2) Am Law Litigation Daily reports that the Amsterdam Court of Appeals has approved the proposed Royal Dutch Shell settlement with non-U.S. investors.
(3) The American Lawyer has an article on the lead plaintiff/lead counsel decision in a securities class action brought against Merrill Lynch. The court was highly critical of the “portfolio monitoring” services provided by the lead counsel candidates.
The 10b-5 Daily 