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September 24, 2003 |

Nearly $48M Settlement OK'd in Price-Fixing Class Action Lawsuit

With final court approval of nearly $48 million in settlements from the last two remaining defendants, the class action price-fixing suit against manufacturers of graphite electrodes has now brought in more than $134 million. The civil settlements came on the heels of a series of prosecutions by the Justice Department in which the same defendants paid more than $425 million in fines.
3 minute read
September 11, 2000 |

Seven-Year-Old MCA Shareholder Settlement Upheld

A Delaware judge rejected a bid by disgruntled ex-MCA shareholders to overturn a 7-year-old $2 million settlement of shareholder suits against Matsushita Electric Industrial over its acquisition of MCA. The judge noted Chancery Court precedent already rebuffed investors unhappy with a securities class-action settlement who waited a year to file their motion to intervene.
5 minute read
November 12, 2003 |

Corrugated Paper Antitrust Case Nets $210M in Settlements

With a $92.5 million settlement by the final and largest defendant, a class action antitrust suit against leading manufacturers of corrugated paper products has resulted in combined settlements of more than $210 million -- the largest ever in a price-fixing case in the Eastern District of Pennsylvania. Nevertheless, plaintiffs say a significant portion of the litigation will continue because some of the biggest buyers in the plaintiffs' class opted out to pursue their own lawsuits.
7 minute read
March 25, 2002 |

Phila. Securities Lawyers Revive Shareholders Suit

Appeals Court Eases Standard For Claim
7 minute read
June 08, 2001 |

Numbers of Minorities, Women on the Rise on Philadelphia

There are more African-Americans and women but fewer summer associates overall visiting Philadelphia law firms this summer. And after a year of robust salary increases, firms held the line in 2001.
7 minute read
December 22, 2005 |

Retention Campaign Funding Increasing, Drawing Concern

There are plenty of reasons why law firms and attorneys might be inclined to contribute to the retention campaign fund of a state Supreme Court justice.
6 minute read
November 21, 2003 |

Ninth Circuit Takes Aim at Gun Companies

The Ninth Circuit U.S. Court of Appeals held Thursday that gun manufacturers can be held liable for letting weapons fall into the hands of criminals, in a decision that could bolster similar cases pending throughout California. "Because the plaintiffs have stated a cognizable claim under California tort law for negligence and public nuisance against the manufacturers and distributor of the guns used in the shootings, we reverse the district court's dismissal against the plaintiffs," wrote Judge Paez.
5 minute read
February 03, 2006 |

Secret Sources Safe in Securities Suit

Corporate defendants are not entitled to know the identity of confidential informants in securities fraud cases if the plaintiff is able to plead sufficient other facts that support the claim, but the plaintiffs are nonetheless required to turn over the names and addresses of every witness with relevant information, a federal judge has ruled.
6 minute read

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