FindLaw Financial Services Summaries - March 11-March 17, 2011

Weekly Opinion Summaries Financial Services Cases March 11-17, 2011 FindLaw.com Weekly Financial Services Newsletter Quick Links Cases & Codes Careers LawBrain Legal Market Center Lawyer Directory Lawyer Marketing You may forward this e-mail in its entirety. Table of Contents Financial Services Cases Firstbank Puerto Rico, Inc. v. La Vida Merger Sub, Inc. Katyle v. Penn National Gaming, Inc. FindLaw's case summaries are copyrighted material and are not intended for republication without prior approval. You may, however, freely redistribute this e-mail in its entirety. To view the full-text of cases you must sign in to FindLaw.com. SPONSOR Financial Services Cases United States First Circuit, 03/16/2011 Firstbank Puerto Rico, Inc. v. La Vida Merger Sub, Inc., No. 10-1585 In a securities action alleging Section 10(b) and Rule 10(b)(5) violations two years after alleged violations occurred, dismissal by district court is affirmed because federal claims are time-barred under Sarbanes-Oxley, 28 U.S.C. section 1658(b)(1). Read more... United States Fourth Circuit, 03/14/2011 Katyle v. Penn National Gaming, Inc., No. 09-2272 In a securities fraud action alleging section 10(b) violations, dismissal by district court is affirmed where court did not abuse its discretion in refusing to entertain a third, amended complaint as such complaint did not sufficiently alleges loss causation. Read more...       SPONSOR SPONSOR FindLaw includes summaries of all Supreme and Appellate Court slip opinions posted on the official Illinois Courts site. FindLaw summaries include opinions that have not yet been released for publication and may be subject to modification, correction or withdrawal. Check the Illinois Courts site to determine if a specific opinion has been released before relying on that case as precedent. Feedback We value your comments! Please take a moment to tell us what you think by sending us an e-mail. Subscription Information Click here to subscribe to a FindLaw Newsletter. To unsubscribe, click here. Advertising Information For more information about advertising in FindLaw Newsletters, click here. 800 W. California Ave., Sunnyvale, CA 94086

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