News

DVI Inc. Securities Litigation

In re DVI, Inc. Sec. Litig., 639 F.3d 623 (3d Cir. 2011) (affirming district court’s grant of class certification and rejecting auditor defendant’s challenges to loss causation and institutional investors’ adequacy and typicality to represent a Class of stock and bond purchasers; holding that institutional investors’ trading strategies and access to management were not disqualifying, and the market efficiency of DVI’s stock and bond markets were adequate for the fraud-on-the-market theory to apply despite the markets being described as “small-cap” or thinly traded).

 

Back

 

 

 

Krislov Law

20 North Wacker Drive, Suite 1300
Chicago, IL 60606

Toll Free:  855.263.3025

Tel: 312.606.0500 | Fax: 312.739.1098
Email: mail@krislovlaw.com

Photography by Ian Korer