By B. Colby Hamilton | August 29, 2017
A Second Circuit panel Tuesday said it wasn't swayed by arguments hoping to apply a recent U.S. Supreme Court decision limiting excessive forfeitures to a $52.5 million disgorgement won by the Securities and Exchange Commission.
By B. Colby Hamilton | August 28, 2017
Food delivery service Blue Apron, which has faced significant challenges since the issuance of its initial public offering, is now confronted with another class action suit by an investor over alleged securities violations.
By B. Colby Hamilton | August 25, 2017
The Second Circuit's split decision in an insider trading case 'United States v. Martoma' was a clear win for attorneys at the DOJ and SEC. But it may not put to rest uncertainty over the nature of relationships that may create liability under securities law.
By B. Colby Hamilton | August 25, 2017
La Quinta successfully defeated a putative class action that claimed the hotel chain misled investors by failing to renovate in a timely fashion and to disclose the affect falling gas prices had on its bottom line, among other accusations.
By newyorklawjournal | New York Law Journal | August 24, 2017
Firm's Third-Party Complaint for Contribution, Indemnification Sufficient, Not Devoid of Merit
By B. Colby Hamilton | August 24, 2017
In vitro fertilization using a deceased father as the donor doesn't make the children born later eligible for Social Security benefits, the U.S. Court of Appeals for the Second Circuit affirmed Thursday.
By B. Colby Hamilton | August 23, 2017
The U.S. Court of Appeals for the Second Circuit found Wednesday that its own prior interpretation of insider trading precedent was "no longer good law" after the U.S. Supreme Court's ruling last year in 'U.S. v. Salman'.
By B. Colby Hamilton | August 23, 2017
Acknowledging the rarity of such a step, U.S. District Chief Judge Colleen McMahon of the Southern District of New York said she was compelled to break with a U.S. magistrate judge's recommendation to allow an expert to testify in a suit over Alzheimer's drugs.
By Marcia Coyle | August 23, 2017
Susan Fowler, the former Uber engineer who exposed in a blog post her claims of a hostile work environment, tells the U.S. Supreme Court in a key workplace challenge that class action waivers in arbitration agreements unfairly allow companies to eliminate legal risks associated with systemic, illegal employment practices.
By B. Colby Hamilton | August 23, 2017
MasterCard's bill has come due, U.S. District Judge Lorna Schofield ruled earlier this week. She dismissed the financial services provider's Rule 50 motion to reverse a jury's decision returning $2.78 million to a card processor based in the Kingdom of Jordan, ICC, finding that the jury was well within the reasonableness standard.
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