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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 | January 10, 2024
Counsel for the plaintiff are Emily Catherine Finestone and Jeremy A. Lieberman of Pomerantz, while Proskauer Rose partner Steven J. Porzio represents the defendant.
2 minute read
By Lisa Willis | January 8, 2024
"We are anxious to team up on this thing to try to find the bad guys," one of the attorneys said.
6 minute read
By Benjamin Daniels, Jenna Scoville and Ileana Polanco Cavazos | January 5, 2024
The rapid expansion of cryptocurrency markets—currently topping $3 billion—has drawn the ire of regulators who have issued a raft of confusing and complicated guidance and regulations. Two recent federal district court decisions illustrate the complexity of the debate and provide guidance to companies looking to understand how to classify their cryptocurrency offerings.
7 minute read
By Avalon Zoppo | January 4, 2024
Court upholds dismissal of Philip Morris investors' claim that the cigarette giant made false statements regarding its clinical studies.
4 minute read
By Mike Neighbors | December 28, 2023
As 2023 comes to an end, we're looking back at significant litigation trends surfaced by Law.com Radar.
6 minute read
By ALM Staff | December 21, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Colleen Murphy | December 20, 2023
"Defendants had actual knowledge of the misrepresentations and/or omissions of material facts set forth herein, or acted with reckless disregard for the truth in that they failed to ascertain and to disclose such facts, even though such facts were available to them," the complaint said.
4 minute read
By Maydeen Merino | December 15, 2023
"As Gurbir Grewal, the director of the SEC's Division of Enforcement, has said, 'You simply can't ignore the rules because you don't like them or because you'd prefer different ones: the consequences for the investing public are far too great,'" SEC Chair Gary Gensler said.
3 minute read
By Maydeen Merino | December 13, 2023
"Having such a significant portion of the Treasury markets uncleared — 70 to 80 percent of the Treasury funding market and at least 80 percent of the cash markets — increases system-wide risk," SEC Chair Gary Gensler said.
3 minute read
By Sarah Heaton Concannon and Alexander Schwartz | December 13, 2023
On Oct. 10, 2023, the SEC adopted rule amendments to Schedule 13D/13G reporting of beneficial ownership. This article identifies what the authors feel are "certain information asymmetries" in the rules.
10 minute read
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