Husband and wife litigators Tom Clare and Libby Locke—founders of Kirkland & Ellis spin-off boutique Clare Locke—led a team in winning a $26 million defamation verdict against Puma Biotechnology and its CEO.
Gene Levoff, the former global head of corporate law and corporate secretary of Apple Inc., has been charged with insider trading. The SEC and the District of New Jersey brought parallel charges against Levoff on Wednesday.
In a mixed ruling, the Ninth Circuit found a problem with the jury instructions in former Bio-Rad general counsel Sanford Wadler's whistleblower trial. The court, however, upheld Wadler's win on California public policy grounds, leaving in place $5 million in punitive damages and $2.96 million in compensatory damages.
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