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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 Chris O'Malley | December 12, 2023
Nuclear reactor company NuScale Power's failed Idaho project has spurred at least one lawsuit so far from plaintiff attorneys who say executives' comments about the likelihood of pulling it off were overly rosy.
5 minute read
By Lisa Willis | December 4, 2023
"If you're doing just transactional work, you may want to look at expanding your horizons," -Attorney Gary Davidson predicts new trends for the new year.
5 minute read
By Emily Cousins | November 29, 2023
The plaintiffs accuse the defendants of breach of fiduciary duty, issuing false and misleading proxy statements, wasting corporate assets and unjust enrichment since December 2021.
3 minute read
By Maydeen Merino | November 28, 2023
"Taken together, the final rule will help address conflicts of interest arising when securitization participants take positions against ABS [asset-backed security] investors' interests," SEC Chair Gary Gensler said.
3 minute read
Delaware Business Court Insider
By Ellen Bardash | November 28, 2023
Farnan LLP and the Oklahoma firm Federman & Sherwood represent the plaintiff, a shareholder of RTX, which was Raytheon Technologies until the company rebranded in July.
3 minute read
By Mason Lawlor | November 27, 2023
Dr. Ilia Kolochenko, chief architect at ImmuniWeb and an adjunct professor of cybersecurity and cyber law at Capitol Technology University, told Law.com that the increase of SEC filings by threat actors was expected due to the SEC's recent adoption of rules requiring companies to report attacks that could influence investment decisions.
3 minute read
By Dan Packel | November 27, 2023
As one of our Litigation Department of the Year finalists, Latham's focus on becoming a go-to litigation shop on the thorniest of issues has meant adding a breadth of skill sets that can aid clients through a modern-day approach to disputes.
5 minute read
By Jay A. Dubow, Joanna J. Cline and Milica Krnjaja | November 27, 2023
The settlement documents refer to a blow provision but note that the triggering percentage is not being disclosed. This is done to avoid publicizing the number of opt-outs to parties who may try to disrupt the settlement because knowledge of the number may give them more incentive to do so.
7 minute read
By Martin Flumenbaum and Brad S. Karp | November 21, 2023
In 'Krasner', the Second Circuit considered whether the securities-related exception to the federal jurisdiction conferred by CAFA prohibited removal to federal court of a class action alleging aiding and abetting the breach of fiduciary duties and tortious interference claims. This decision is another instance where the circuit has adopted an expansive interpretation of the exception.
7 minute read
By Colleen Murphy | November 20, 2023
Kenvue's brands with phenylephrine include Sudafed PE, Benadryl Allergy Plus Congestion, and Tylenol Sinus + Headache.
3 minute read
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