0 results for 'Grant & Eisenhofer'
HOWARD MILLER, J.P. DAVID S. RITTER GLORIA GOLDSTEIN THOMAS A. DICKERSON, JJ. Teamsters Local 456 Annuity Fund, derivatively on behalf of Cablevision Systems Corporation, et al., plaintiffs
Judge's Unusual Order Revives Law Firm Diversity Issue
A stir recently erupted in the securities class action bar after a federal judge ordered two law firms to "make every effort" to put one woman and one minority lawyer on the case.In a non-prosecution agreement announced on Tuesday, Alpha Natural Resources agreed to pay $209 million to settle a federal investigation into a 2010 explosion at a West Virginia coal mine owned by Massey Energy Company. Cleary Gottlieb, which represented Alpha on its $7 billion acquisition of Massey earlier this year, advised the company on the agreement with the Justice Department.
Six months ago a judge in New York dismissed claims that a company that partnered with Pfizer's Wyeth unit duped investors about a potential blockbuster Alzheimer's drug. Now, with help from New Jersey's Porzio, Bromberg, & Newman and a revolving cast of out-of-town counsel, Pfizer has cleared the decks of the last securities class action remaining over the drug.
After he won a record $521.7 million verdict against BDO Seidman, Steven Thomas was so enamored of working on the plaintiffs side that he quit a Sullivan & Cromwell partnership to start up his own firm. But Tuesday he experienced the other side of the coin, when a state court judge directed a verdict for BDO's international parent.
With a ruling Tuesday against Amgen Inc. and its lawyers at Sheppard Mullin Richter & Hampton, the Ninth Circuit has evened the count in a federal circuit split over a key requirement for winning class certification in securities cases.
Delaware Vice Chancellor Leo Strine Jr. said that the board's approval of the controversial purchase of Barnes & Noble College Booksellers, as portrayed by the plaintiffs, had a "fishy smell." He refused to dismiss a derivative suit in which shareholders allege that the directors approved a sweetheart deal for Barnes & Noble chairman Leonard Riggio, who allegedly made more than half a billion dollars from the sale.
Trending Stories
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now
State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now