- Posts by Mark C. Molumphy
PartnerMark C. Molumphy, a partner at Cotchett, Pitre & McCarthy, LLP, is a native of the Bay Area, born in San Mateo, California.
Mark has served as lead trial counsel in many of America’s most prominent cases and, during his extensive ...
“Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.”
– Justice Louis Brandeis”
Investors need to be aware of efforts underway to undermine their ability to redress corporate fraud. The Securities Exchange Commission (SEC) is contemplating a highly controversial change to securities policy which would allow companies to block securities class actions, which are often the only way that defrauded investors can be made whole.
Read More ›On March 20, 2018, in Cyan, Inc. v. Beaver County Employees Retirement Fund, the U.S. Supreme Court unanimously held that state courts retain jurisdiction over class actions brought under the Securities Act of 1933. The decision resolves a split among the lower courts and protects pending class actions from removal.
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