Berger v. Jasmine
Aug 25, 2006OUTCOME: Won summary judgment; affirmed by 3rd Circuit
Lead counsel defending major accounting firm in securities class action alleging failure to detect undisclosed liabilities that led to client’s bankruptcy shortly after its initial public offering. De ... feated certification of 10b-5 class and won summary judgment against Section 11 class and individual plaintiffs on loss causation grounds. Affirmed by 3d Circuit Court of Appeals.
