• “American Express Settlement Collapses Amid Charges Of Collusion” [Daniel Fisher]
• Some on Capitol Hill would like U.S. Treasury to return money seized from South Mountain Creamery in now-notorious structuring case [Washington Post, our earlier coverage]
• CEO pay shaming theory has been tried and failed twice, but why not one more try? [Marc Hodak, earlier]
• Another big courtroom reverse for SEC in use of in-house administrative law judges [Reuters]
• Judge Easterbrook on competitive federalism, Delaware, and incorporation [Robert Goddard, Corporate Law and Governance quoting Corre Opportunities Fund, LP v. Emmis Communications Corp.]
• How far will California go to tax one wealthy ex-resident? Consider saga of Gilbert Hyatt vs. Franchise Tax Board [Lloyd Billingsley, Daily Caller]
• Apparently so: “Is Securities Litigation’s Future Secure?” [Nick Goseland, Above the Law]

Filed under: banks, California, class action settlements, corporate governance, Frank Easterbrook, securities litigation