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City of Warwick Mun. Empls. Pension Fund v. Rest. Brands Intl. Inc.
Publication Date: 2022-05-12
Practice Area: Class Actions | Securities Litigation
Industry: Food and Beverage | Hospitality and Lodging | Investments and Investment Advisory
Court: Supreme Court, New York
Judge: Justice Andrew Borrok
Attorneys:
For plaintiff: Plaintiff By: Labaton Sucharow LLP, New York, NY.
For defendant: Defendants By: Paul Weiss Rifkind Wharton & Garrison LLP, New York, NY. O'Melveny & Myers LLP, New York, NY.
Case number: 655686/2020

Company Had Obligation to Disclose That Its Strategy Was Failing

May 11, 2022 | National Law Journal

The National Law Journal Announces Elite Trial Lawyers Awards Finalists

ALM is pleased to announce the finalists in 28 award categories. The National Law Journal Elite Trial Lawyers winners will be named at an award ceremony to be held in New York in July.
4 minute read
Sillam v. Labaton Sucharow LLP
Publication Date: 2022-04-18
Practice Area: Contractual Disputes | Employment Litigation
Industry: Legal Services
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Colleen McMahon
Attorneys:
For plaintiff:
For defendant:
Case number: 21 CV 6675

Knowledge, Assistance in Fraud Not Pleaded; 2015 Settlement Bars Misrepresentation Claim

Innovate 2 Corp. v. Motorsport Games Inc.
Publication Date: 2022-04-12
Practice Area: Securities Litigation
Industry: Entertainment and Leisure | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Bibas
Attorneys:
For plaintiff: Joseph Benedict Cicero, Aidan T. Hamilton, Gregory Erich Stuhlman, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Matthew J. Reynolds, Sara G. Wilcox, Huth Reynolds LLP, New York, NY & Denver, CO; Ned C. Weinberger, Labaton Sucharow LLP, Wilmington, DE for plaintiffs.
For defendant: Daniel A. O’Brien, Brian L. Schwalb, Venable LLP, Wilmington, DE for defendants.
Case number: D69779

Minority stockholders plausibly alleged that controlling shareholder used insider knowledge to mislead the minority stockholders into being bought out for an unfair price where the now wholly owned company represented almost all the attributed value of the controlling shareholder, which soon after went public for a much higher price than the minority stockholders sold out for.

In Re Straight Path Commc'ns Inc. Consol. Stockholder Litig.
Publication Date: 2022-03-29
Practice Area: Mergers and Acquisitions
Industry: Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Ned Weinberger,Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; Jeroen van Kwawegen, Edward G. Timlin, Alla Zayenchik, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Vincent R. Cappucci, Joshua K. Porter, Entwistle & Cappucci LLP, New York, NY for plaintiffs and intervenor-plaintiff.
For defendant: Rudolf Koch, Kevin M. Gallagher, Daniel E. Kaprow, John M. O’Toole, Melissa A. Lagoumis, Richards, Layton & Finger P.A., Wilmington, DE; Thomas Uebler, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE; Jason Cyrulnik, Paul Fattaruso, Cyrulnik Fattaruso LLP, New York, NY; Kevin R. Shannon, Berton W. Ashman, Jr., Jacqueline A. Rogers, David A. Seal, Potter Anderson & Corroon LLP, Wilmington, DE, for defendants.
Case number: D69758

The court held that a factual record was necessary to determine the adequacy of a stockholder entity to serve as class repre-sentative.

March 25, 2022 | New York Law Journal

Sheppard Mullin Adds 5-Person Life Sciences Team Led by Scott Liebman

And other announcements of recent hirings and promotions of New York attorneys.
3 minute read
March 15, 2022 | National Law Journal

DiCello Levitt Takes Over 6-Lawyer Labaton Antitrust Practice Group

Chicago-based plaintiffs boutique DiCello Levitt Gutzler has lured Labaton Sucharow's antitrust practice group, including its chair. "It's not every day that a top-tier antitrust practice moves," founding partner Adam J. Levitt said.
3 minute read
March 09, 2022 | The Recorder

Meta Misled Investors About Efforts to Minimize Impact of Apple Privacy Update on Ad Business, Lawsuit Claims

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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