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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 Avalon Zoppo | April 16, 2024
"It seems to us that, as an investor in Akorn whose shares' value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?" Judge Frank Easterbrook wrote for the court.
5 minute read
By Mason Lawlor | April 12, 2024
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3 minute read
By Mason Lawlor | April 12, 2024
Due to growing concerns of infiltration by sexual predators, Meta shareholders included a proxy proposal that would require the company to implement more protections for minors on its social media platforms.
3 minute read
By Jimmy Hoover | April 12, 2024
Investors can bring such suits only when such omissions create "misleading half-truths," Justice Sonia Sotomayor wrote for a unanimous court.
4 minute read
By Maydeen Merino | April 10, 2024
"When you hear Democrats accuse Republicans of being 'anti-science,' they are proving our point that this rule is about the left's climate-policy agenda, not simply standardizing disclosures," said House Financial Services Committee Chair Patrick McHenry, R-North Carolina.
4 minute read
By Elisha Kobre | April 10, 2024
"The dismissal raises critical questions about what the government must prove to convict a defendant ... under the federal fraud statutes," according to attorney Elisha Kobre.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | April 9, 2024
U.S. District Chief Judge Colm F. Connolly's decision is a win for the Latham & Watkins and Richards, Layton & Finger team that represented Walmart, CEO Doug McMillon and former CFO Brett Biggs.
2 minute read
By Jane Wester | April 5, 2024
U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
3 minute read
By Ellen Bardash | April 5, 2024
U.S. District Judge Angel Kelley wrote that Latham & Watkins-repped Homology Medicines Inc. "had no duty to disclose data in real time."
2 minute read
By Jane Wester | April 5, 2024
After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
4 minute read
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A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS