In 2000, when the dot-com bubble burst, one of the highest-flying Internet companies to crash was Priceline.com, known for bargain airline, hotel and car rental rates, and its celebrity pitchman William Shatner. The resulting stock-drop class action, the company announced in a filing with the SEC two weeks ago, has settled for $80 million after six years of federal litigation. David R. Scott, co-lead plaintiffs counsel, says, "I believe this is a record for this kind of suit in Connecticut."
May 29, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In 2000, when the dot-com bubble burst, one of the highest-flying Internet companies to crash was Stamford, Conn.-based Priceline.com, known for bargain airline, hotel and car rental rates, and its zany celebrity pitchman William Shatner.
The resulting stock-drop class action, the company announced in a filing with the U.S. Securities and Exchange Commission two weeks ago, has settled for $80 million after six years of litigation before U.S. District Court Judge Alfred V. Covello.
Presented by BigVoodoo
Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
At NJM, a top-rated insurance company, we are seeking an Attorney on our Workers Compensation legal team with between 3 and 5 years of expe...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
