The Investor’s Insider:
Protecting Against Securities Fraud

Report Says 20% of Companies Manage Earnings, Causing Misrepresentations of Prices Per Share

Posted on: October 23rd, 2012 by Keith Dubanevich

According to a survey conducted by a group of finance professors, at least 20% of companies manage earnings and use aggressive accounting methods.  The companies legally exploit accounting standards in order to “manage earnings to misrepresent [the company’s] economic performance,” according to the study’s authors, Ilia Dichev and Shiva Rajgopal of Emory University and John Graham of Duke University. Read more…

JPMorgan Slapped with $18 Million Judgment

Posted on: October 19th, 2012 by Keith Ketterling

A state court in Oklahoma has ordered JPMorgan Chase & Co. to pay more than $18 million to a trust in a suit arising from the bank’s recommendation of a security that was unsuitable for the trust and benefited the bank. Read more…

Pfizer to Pay $164 Million to Settle Celebrex Class Action

Posted on: October 16th, 2012 by Nadine Gartner

Pfizer Inc. has agreed to pay $164 million to settle a shareholder class action lawsuit involving Celebrex, an arthritis drug. Read more…

Largest Securities Class Action Lawsuit Settlement Due to Financial Crisis Announced

Posted on: October 9th, 2012 by Nadine Gartner

Bank of America recently announced a $2.43 billion deal to settle accusations that it misled investors about the acquisition of Merrill Lynch.  It is the largest securities class-action lawsuit settlement to arise from the financial crisis to date. Read more…

Legal Disclaimer

The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.

About this blog

The purpose of this blog is to provide information to the general public and to practitioners about developments that may impact Oregon investors.

About the authors

  • Keith Dubanevich

  • Nadine Gartner
  • Keith Dubanevich has extensive experience handling antitrust, consumer and securities cases. Until joining the Portland, Oregon law firm Stoll Berne as a shareholder, he was the Associate Attorney General and Chief of Staff at the Oregon Department of Justice.
  • Nadine Gartner

  • Nadine Gartner
  • Nadine Gartner’s practice focuses on complex business litigation and class actions. Prior to becoming a lawyer, Nadine worked as an investment banking analyst.
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