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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 Riley Brennan | March 28, 2024
"It seems likely that the bump in the price of Sorrento's stock in the week of May 15 provided it with more revenue from its agreement with Anarki to purchase stock, but Zenoff does not allege any particular improper or inflated sales. Indeed, as defendants note, Zenoff identifies no individual stock sales at all," Judge Consuelo Callahan wrote on behalf of the court.
5 minute read
By Riley Brennan | March 28, 2024
The plaintiff "does not allege any particular improper or inflated sales. Indeed, as defendants note, Zenoff identifies no individual stock sales at all," Judge Consuelo Callahan wrote on behalf of the court.
4 minute read
By Adolfo Pesquera | March 26, 2024
Asked why Ken Paxton was paying restitution to victims if he was innocent, defense attorney Dan Cogdell said, "It's cheaper than what he would've had to pay me if we went to trial."
3 minute read
By Adolfo Pesquera | March 26, 2024
Asked why Ken Paxton was paying restitution to victims if he was innocent, defense attorney Dan Cogdell said, "It's cheaper than what he would've had to pay me if we went to trial."
3 minute read
By Emily Saul | March 22, 2024
Gibson Dunn filed an Article 75 petition seeking a judgment in support of an arbitration agreement rendered in November.
2 minute read
By Cassandre Coyer | March 21, 2024
The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
6 minute read
Delaware Business Court Insider
By Ellen Bardash | March 21, 2024
ernstein Litowitz Berger & Grossman and Kessler Topaz Meltzer & Check are representing the plaintiff in the case, which brings Exchange Act claims against Chemours and several executives.
3 minute read
By Jessica Seah | March 21, 2024
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
By Jessica Seah | March 21, 2024
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
By Maydeen Merino | March 20, 2024
The baker's dozen would require the SEC to report to Congress on the adequacy of the agency's cost-benefit analysis on significant regulations and mandate comment periods of at least 60 days on all proposed rules.
4 minute read
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