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Mr. Nemser, a brilliant litigator, was a pioneer in the field of class action securities litigation.
Michael A. Cardozo, the city's corporation counsel, said that in class action securities suits, the investors who could show that they lost the most were usually named the lead plaintiffs.
The corporations that were paying so much ransom money to the plaintiff bar probably thought they would get lasting relief from the 1995 reform act covering class action securities litigation.
He won a four-month class action securities fraud suit, successfully representing plaintiffs against one of America's largest corporations.
It is unclear who orchestrated these actions, security experts said.
Avesta's software builds a digital model of your system and updates it as often as every 15 seconds, like the stop-action security camera in a bank.
Mr. Scott, along with a partner, Neil Rothstein, specializes in class-action securities litigation.
The Supreme Court agreed with a federal appeals court's decision to allow a class-action securities lawsuit.
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