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Similar to class actions generally, exploring ethics issues in securities class action litigation (specifically fee-splitting), and how that affects settlement value for plaintiff investors
By Emily Cousins | September 18, 2023
When Cigna released its second-quarter financial performance on Aug. 5, 2021, its stock dropped by 13%, and Ferrie "realized an approximately 236% profit of $16,039.78 on his investment of $6,782.05," the complaint said.
2 minute read
By Chris O'Malley | September 18, 2023
According to news reports, the seller of the $424 million in shares was Carl Icahn, and the buyer was George Soros.
3 minute read
By Amanda O'Brien | September 18, 2023
Terry Weiss and Stefanie Wayco arrive at the firm as it pursues growth in Texas, New York, California, Chicago and South Florida, as well as Georgia.
4 minute read
By Amanda O'Brien | September 15, 2023
Terry Weiss and Stefanie Wayco arrive at the firm as it pursues growth in Texas, New York, California, Chicago and South Florida, as well as Georgia.
4 minute read
By Maydeen Merino | September 14, 2023
"This novel expansion of Rule 15c2-11 will have a dramatic impact on private companies, fundamentally changing their ability to raise funds through debt offerings," lawsuit states.
3 minute read
Delaware Business Court Insider
By Ellen Bardash | September 13, 2023
Martin Russo, an attorney for TransPerfect, said he believes U.S. Magistrate Judge Jennifer L. Hall took months to come to an "erroneous reasoning" because TransPerfect had the better arguments on the merits.
5 minute read
By Aleeza Furman | September 13, 2023
The lawsuits draw on reporting from the Wall Street Journal asserting that lead-sheathed cables that various telecom companies inherited from Bell System are leaching lead into the environment.
3 minute read
By Daphne Morduchowitz, Puya Partow-Navid and Matthew Catalano | September 13, 2023
The cryptocurrency industry and its watchers are as keen as ever on gaining clear guidance on when, and how, the sale of a digital asset constitutes an unregistered securities offering. However, two recent SDNY cases considered this question and reached differing conclusions.
7 minute read
By Zack Needles | September 13, 2023
The news and analysis you need to start your day.
4 minute read
By Maydeen Merino | September 12, 2023
"One, we're not a climate regulator. We're a securities regulator," SEC Chair Gary Gensler said.
4 minute read
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