A tentative outline for trying test cases in the litigation over the manipulation of initial public offerings (IPOs) during the internet boom has been agreed. Judge Shira Scheindlin of the Southern District of New York told lawyers for 55 securities firms and investors to have 10-20 “focus cases” selected by 5 January 2004. Investors filed suits claiming injury from Wall Street conflicts of interest and the so-called laddering of IPOs.
Two former heads of chambers, including Robert Rhodes QC of 4 King’s Bench Walk (4KBW) and a mix of nine other lawyers and barristers, have joined Christopher Wilson-Smith QC’s 35 Essex Street.Rhodes’s distinguished career includes major espionage cases. He recently represented a defendant at The Hague War Crimes Tribunal for the former Yugoslavia and acted […]