By Ross Todd | January 11, 2024
Gerald "Jerry" Maatman Jr., chair of the firm's class action defense group, discusses its deep dive into more than 1,300 cases from last year.
By Ross Todd | August 25, 2023
The settlement announced this week with multiple banks over claims they colluded to prop up fees in the stock lending market comes after an earlier $81 million deal with Credit Suisse affiliates.
By Ross Todd | August 18, 2023
The court sided with a joint defense team led by Bob Giuffra at Sullivan & Cromwell and Kannon Shanmugam of Paul Weiss in finding a mismatch between the targeted drop in Goldman's stock price and the bank's generic statements about conflicts of interest and business ethics.
By Ross Todd | June 16, 2023
The proposed settlement announced this week comes shortly after another $75 million deal with Deutsche Bank, another financial institution accused of turning a blind eye while providing financial services that enabled Jeffrey Epstein's sex-trafficking ring.
By Ross Todd | May 5, 2023
Kirkland & Ellis partners Martin Roth and Alyssa Kalisky got a win for Blackstone Inc. as the Seventh Circuit upheld a ruling tossing claims brought under the Illinois Genetic Information Privacy Act after the company acquired Ancestry for $4.7 billion.
By Ross Todd | March 8, 2023
Digging into the results of Carlton Fields' 12th annual class action survey with John Clabby, the head of the firm's securities litigation and enforcement practice.
By Ross Todd | March 2, 2023
Steve Cirami, the head of the class action team at fintech company Broadridge, says last year's surge in activity was just "the tip of the iceberg" in terms of what to expect in cross-border, global settlements.
By Ross Todd | February 1, 2023
The latest annual securities class action numbers from Cornerstone Research show the total number of core filings crept up by one case last year to 201, but the number related to cryptocurrency more than doubled to a record 23 filings.
By Ross Todd | January 24, 2023
In a securities case accusing Musk of lying about securing funds to take Tesla private, he asked a lawyer for the plaintiffs about efforts to subpoena a Saudi official who might be able to answer questions about the deal.
By Ross Todd | January 10, 2023
According to ISS Securities Class Action Services, 10 securities-related class actions settled for between $100 million and $1 billion in the U.S. last year. That more than doubled the number from 2021.
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