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  • Kirby McInerney LLP Announces $20,000,000 Settlement of Singapore Pinnacle Notes Litigation with Morgan Stanley

    Kirby McInerney, representing a class of plaintiffs, filed papers today with United States District Judge Jesse M. Furman of the Southern District of New York seeking preliminary approval of a settlement in the case Ge Dandong et al v. Pinnacle Performance Limited et al.

  • Morgan Stanley, Investors Settle Dispute Over ‘Rigged’ Notes 
    11/12/2014 | Law360

    Morgan Stanley & Co. LLC has reached a settlement with a putative class of investors suing over $139 million in allegedly defective mortgage-backed securities, it told a New York federal judge, and expects to hand in the deal on Friday.

  • S’pore Pinnacle Notes investors join class action
    10/22/2013 | The Singapore Business Times

    Thousands of Pinnacle Notes retail investors in Singapore are now part of a US$154.7 million class-action suit brought against Morgan Stanley in New York after the US federal court last week gave the green light.

  • Kirby McInerney Profiled in Law360’s Most Feared Plaintiffs Firms List
    10/10/2013 | Law360

    Powered by a hard-hitting securities practice that took in nearly a billion dollars for its clients last year, Kirby McInerney LLP has recently racked up an impressive series of wins, including the landmark $590 million settlement of a securities class action targeting Citigroup Inc., earning it a spot on Law360’s Most Feared Plaintiffs Firms list.

  • Kirby McInerney Named “Most Feared Plaintiffs Firm” by Law360

    Law360 has named Kirby McInerney LLP one of its “Most Feared Plaintiffs Firms.” The main factor considered in selecting the firm was KM’s performance in high-profile, complex cases between July 1, 2011, and July 1, 2013.

  • Kirby McInerney’s Andrew McNeela Named Law360 Rising Star
    03/13/2013 | Law360

    Standout Kirby McInerney LLP partner Andrew McNeela has helped secure more than $830 million in settlements in securities fraud class actions in the last 18 months alone, landing him a spot among Law360’s five class action rising stars under 40.

  • Shifting Blame Muddles S&P Suit
    02/15/2013 | The Wall Street Journal

    Like many other collateralized debt obligations, Delphinus CDO 2007-1 got a triple-A rating and then defaulted within months, causing painful losses to investors. Who is responsible for the mess?

  • Kirby McInerney LLP Announces $590 Million Proposed Settlement of Class Action Claims Against Citigroup Inc.

    Kirby McInerney LLP is pleased to announce an agreement to settle the securities class action lawsuit titled In re Citigroup Inc. Securities Litigation, 07-cv-9901 (S.D.N.Y.) for $590 million. The suit was brought on behalf of investors who purchased or otherwise acquired shares of Citigroup common stock during the time period from February 26, 2007 through April 18, 2008 (the “Class Period”).

  • 2d Cir. To Hear Case of Investors Who Trumped Morrison
    01/27/2012 | Reuters

    You have to give the lawyers at Kirby McInerney a lot of credit. In a case called Dandong v. Pinnacle Performance, they represent a group of Singapore investors who bought complex notes issued by a Cayman Islands-based Morgan Stanley vehicle that sold the Singapore-registered securities only in Singapore, under a contract that called for disputes to be litigated in Singapore.

  • Investor Suit Against Morgan Stanley Moves Ahead
    01/26/2012 | The Singapore Business Times

    Discovery proceedings have finally started more than a year after a group of Singapore investors sued Morgan Stanley for allegedly selling rigged Pinnacle Notes as ​‘safe, conservative​’ investments.

  • Morgan Stanley Must Face Lawsuit Over Failed Debt
    11/03/2011 | Reuters

    A federal judge ordered Morgan Stanley to defend against a lawsuit by Singapore investors that accused it of selling them risky debt that was designed to fail.

  • Burnt S’pore Investors Get Their Day in US Sun
    11/03/2011 | The Singapore Business Times

    A group of Singapore investors of Morgan Stanley’s failed Pinnacle Notes have scored a major legal victory after a US federal judge ruled that their class action lawsuit can proceed in New York.

  • Morgan Stanley Wants Sing-a-poor to Disappear
    04/21/2011 | New York Post

    Morgan Stanley is trying hard to keep a potentially embarrassing lawsuit, filed on behalf of a group of Singapore investors, from being heard in the US. The investors — regular folks who risked their pension money — are claiming they were cheated out of $158 million when Morgan Stanley created a security filled with collateralized debt obligations (CDOs) that they allege was designed to go broke and benefit the company.

  • Court Upholds Major Claims Against Citigroup, Prince, Crittenden, and Rubin in KM-led Lawsuit

    Kirby McInerney LLP, Court-appointed lead counsel, announces that the United States District Court for the Southern District of New York sustained, in substantial part, securities fraud claims against Citigroup, Inc. (NYSE: C) and certain of its senior officers - including Citigroup’s former CEO Charles Prince, former CFO Gary Crittenden, and former Chairman Robert Rubin - centering on Citigroup’s collateralized debt obligations (“CDOs”).

  • ‘Ponzi Scheme’ At Citi
    12/04/2008 | New York Post

    Director Rubin and ousted CEO Prince - and their lieutenants over the past five years - are named in a federal lawsuit for an alleged complex cover-up of toxic securities that spread across the globe, wiping out trillions of dollars in their destructive paths.

  • Lawsuit Says Citigroup Misled Investors
    01/01/2008 | BusinessWeek Online

    An extensive new complaint in a lawsuit against Citigroup (C) charges that the banking giant misled investors about the size and risk of its housing-market wagers, raising questions about how early the bank knew it faced serious trouble from the assets that have plagued its balance sheet and stock price.