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Top Verdicts

Feb. 16, 2012

Top Defense Verdicts--In re Homestor.com, Inc. Securities Litigation


In one of the few federal securities class actions to ever go to trial, Homestore.com Inc. is one of the highest-profile cases from the Enron era of accounting scandals.


At issue, Stuart Wolff, Homestore's former chairman and CEO, is serving 54 months in prison after pleading guilty to conspiracy to commit securities fraud.


Some history: Homestore, a dot-com business, connected the real estate industry to consumers over the Internet. After Homestore...

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