By Ross Todd | January 25, 2022
According to ISS SCAS data, there were a total of 401 securities class action filings in 2020 and just 294 in 2021. Still, Jeff Lubitz, the company's executive director, expects the settlement pipeline to remain steady.
By Ross Todd | January 11, 2022
Despite the pandemic, or maybe partially because of it, the top 10 settlements tracked in Seyfarth Shaw's annual workplace class action litigation report hit a record $3.62 billion in 2021, more than double the $1.58 billion in 2020.
By Ross Todd | September 23, 2021
A judge at the U.S. Court of Federal Claims last week granted Quinn Emanuel's request for 5% of $3.7 billion in judgments scored for health insurers owed payments under the Affordable Care Act. Arguments first put forward by the Quinn lawyers led to $12 billion in recoveries industry-wide.
By Ross Todd | September 16, 2021
Jury selection is set for Monday in a rare securities class action trial involving plaintiffs counsel at Robbins Geller and Motley Rice and defense counsel at Cooley and Simpson Thacher.
By Ross Todd | September 8, 2021
Despite the company's argument that Section 230 shielded it from liability for sex trafficking claims stemming from underage content uploaded by others, a Southern California judge let the proposed class action move forward.
By Ross Todd | August 31, 2021
Plaintiffs have fired off more than a dozen lawsuits in the Eastern District of Michigan this month claiming magazine publishers violated a state privacy law carrying statutory damages of $5,000 a pop.
By Ross Todd | August 10, 2021
"I really love what seems to be a movement now where the older guard is really having to move out of the way, whether voluntarily or not, to allow younger, more diverse attorneys to come through, and it's begun to enrich the legal field," said Harper Segui of Milberg Coleman Bryson Phillips Grossman.
By Ross Todd | July 28, 2021
Cornerstone Research reports plaintiffs filed 112 new class action securities cases in federal and state courts in the first half of 2021, 25% fewer than in the second half of 2020. Despite the overall dip, there were 14 federal filings involving special purpose acquisition companies in the first half, twice as many as there were all of last year.
By Ross Todd | June 30, 2021
"I think practitioners will become more sophisticated in the way that they use what happened in one jurisdiction to give them more traction in another jurisdiction when there is an advantage," says Deborah Hensler of Stanford Law School who co-authored a new report about the VW litigation and the prospect of future cases like it.
By Ross Todd | June 22, 2021
"Our legal arguments require deep knowledge of our clients' industries, and our clients' objectives often require a strategy that will not disrupt positions taken with regulators. We frequently achieve this by collaborating with our regulatory colleagues who are already advising on these issues and the evolving law."
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