OUR SECURITIES PRACTICE
Scott+Scott is dedicated to achieving extraordinary results for our clients. We have more than 45 years of experience litigating securities fraud on behalf of our governmental entity, institutional, and individual clients, serving as lead counsel in numerous securities class actions since the enactment of the Private Securities Litigation Reform Act of 1995 (“PSLRA”). Through our commitment to the best interests of those the Firm represents, Scott+Scott has successfully obtained exceptional monetary results on behalf of investors.
Current CanadiAn Class Actions
CAE INC.
CAE Inc. and some of its officers breached their obligations by publishing documents that contain misrepresentations and omit to disclose material facts relating to, among other things, eight contracts that had a disproportionate impact on the overall profitability of the company’s defense and security business segment. Damages are claimed on behalf of all investors of CAE Inc.
BANK OF MONTREAL
The Bank of Montreal and some of its officers and directors breached their obligations by publishing documents that contain misrepresentations and omit to disclose material facts relating to, among other things, the Bank’s poor credit risk management. Damages are claimed on behalf of all investors of the Bank of Montreal.
REPRESENTATIVE CASES
- In re Priceline.com, Inc. Sec. Litig., No. 3:00-cv-01884 (D. Conn. July 19, 2007)
Securities fraud class action on behalf of priceline.com investors alleging misrepresentation of the company’s business model ($80 million settlement). - Irvine v. ImClone Sys., Inc.,
No. 1:02-cv-00109 (S.D.N.Y. July 29, 2005)
Securities fraud class action arising out of the drug manufacturer’s concealment of adverse information relating to the company’s flagship new drug candidate ($75 million settlement). - Cornwell v. Credit Suisse Grp.,
No. 08-cv-03758 (S.D.N.Y.)
Securities fraud class action alleging false and misleading statements by the investment bank regarding its profitability, loan debt, and risk management policies ($70 million settlement). - Policemen’s Annuity & Benefit Fund of Chi. v. Bank of Am., N.A.,
No. 12-cv-02865 (S.D.N.Y.)
Class action alleging failure to repurchase defective mortgages against Bank of America and U.S. Bank, as trustees for Washington Mutual-sponsored mortgage-backed securities ($69 million settlement). - In re SanDisk LLC Sec. Litig.,
No. 15-cv-01455 (N.D. Cal.)
Securities fraud class action against data storage company SanDisk Corporation and certain of its officers and directors alleging false and misleading statements regarding sales and production delays ($50 million settlement). - Weston v. RCS Capital Corp.,
No. 1:14-cv-10136 (S.D.N.Y.)
Securities fraud class action alleging false and misleading statements regarding the company’s core wholesale distribution, investment banking businesses, and its prospects for success ($31 million settlement).
Click here to view our full list of cases.
