On April 25, 2007, Judge F.A. Gossett issued an interesting opinion in Credit Suisse Securities LLC vs. Hilliard, et al., 2007 U.S. Dist. LEXIS 30597 (D. Neb. 2007).
Securities Law Update – April 2007
On April 5, 2007, an Omaha, Nebraska NASD arbitration panel issued its first arbitration award in favor of an investor alleging claims involving concentrated positions in Level 3 Communications and WorldCom.
Securities Law Update – January 2007
Yesterday (January 3, 2007), Judge Cedarbaum of the Southern District of New York issued an Order directing the transfer of a pending matter to the United States District Court of Nebraska.
Securities Law Update –December 13, 2006
Yesterday (Dec. 12, 2006), the NYS Attorney General’s Office filed a lawsuit against UBS Financial which alleges fraud in its asset based account program (Insight One).
Securities Law Update –December 11, 2006
On December 8, 2006, the Nebraska Supreme Court issued a new opinion addressing Nebraska securities law. A copy of the decision in Myers v. Nebraska Investment Council, et al., 272 Neb. 669, 2006 Neb. LEXIS 170 (2006), is provided below.