Securities litigation: Today’s top news on Westlaw News & Insight

November 4, 2010

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Here are today’s top stories from the Securities Litigation site.

Canada blocks BHP-Potash deal Canada blocks BHP-Potash deal
The Canadian government on Wednesday blocked BHP Billiton’s $39 billion bid for Potash Corp., the world’s biggest producer of a key crop nutrient, halting what had been the world’s biggest takeover attempt this year.
Morgan Stanley knew of FrontPoint probe in 2008, says source Morgan Stanley knew of FrontPoint probe in 2008, says source
Morgan Stanley knew as far back as 2008 that U.S. securities regulators had contacted its hedge fund FrontPoint Partners in connection with an insider trading investigation, a person familiar with the situation told Reuters.
MGM studio files for bankruptcy, Icahn backs plan MGM studio files for bankruptcy, Icahn backs plan
Metro-Goldwyn-Mayer Studios Inc. filed for bankruptcy on Wednesday, under a plan that would put one of Hollywood’s most storied film studios under the control of its lenders.

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