By B. Colby Hamilton | July 11, 2017
A group of Twitter users blocked by President Donald Trump are suing after a request to be unblocked on First Amendment grounds went unheeded.
By B. Colby Hamilton | July 11, 2017
Shifting fraud theories helped sink an attempted securities class action appeal by former employees of the pharmaceutical company Covis.
By Lanier Saperstein and Carol Lee | July 11, 2017
Lanier Saperstein and Carol Lee discuss the upcoming U.S. Supreme Court decision on the long-awaited issue of whether corporations can be liable under the Alien Tort Statute, a statute enacted by the First Congress more than 225 years ago.
By B. Colby Hamilton | July 10, 2017
With the convictions of Sheldon Silver and Dean Skelos on appeal before the circuit, the ruling upholding the conviction of William Boyland Jr. is expected to play less of a role as precedent than as an example of the circuit committing to reviews of the facts of each case specifically to determine what, if any, of the U.S. Supreme Court's public corruption precedent should be applied.
By Richard Raysman and Peter Brown | July 10, 2017
In their Technology Law column, Richard Raysman and Peter Brown write: In some cases, strategic partnerships go wrong and invariably litigation ensues. In 'Kortright Capital Partners', litigation ensued and one claim survived a motion to dismiss in part on the rationale that a strategic partnership sufficiently creates a "special relationship" between the partners that requires a greater degree of candor and fair dealing when contemplating the prospective strategic alliance with an unrelated third party.
By B. Colby Hamilton | July 7, 2017
Gerald Cocuzzo pleaded guilty to a single count of securities fraud after prosecutors alleged he was part of a scheme to defraud investors in the LED lighting company ForceField by controlling the price and volume of its shares.
By Marcia Coyle | July 6, 2017
The recent switch by the Trump administration's U.S. Justice Department from opposing to defending bans on class actions in workplace arbitration agreements will have consequences beyond a trio of challenges the U.S. Supreme Court is set to hear this fall. The government this week, citing the high court switch, said it will no longer defend a class action provision in the U.S. Labor Department's fiduciary rule.
By B. Colby Hamilton | July 6, 2017
The first case on which Milbank, Tweed, Hadley & McCloy partner Sean Murphy was assigned right out of law school in the mid-1990s was in the somewhat unique securities litigation world created by the Investment Company Act of 1940. The beginnings were auspicious, as Murphy has become a leading litigator in the area, helping to make Milbank arguably the top firm to handle investor suits against investment advisers under the even more specific Section 36, which governs fiduciary duties.
By B. Colby Hamilton | July 5, 2017
An anonymous appellant has been granted a new trial after an Appellate Division, Second Department, panel found the lower court improperly allowed a biased juror to serve during a convicted sex offender's civil confinement trial in 2014.
By Marcia Coyle | July 5, 2017
The Trump administration may not view grandparents, aunts, uncles and others as having close enough family relationships in the United States to be excluded from the government's travel ban, but the U.S. Supreme Court on at least two occasions, in different contexts, has recognized the importance of those family bonds.
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