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Gibson Dunn Knocks Out Qui Tam Suit For One For-Profit School Client; Another Hit with DOJ, State Fraud Claims over Recruiter Incentives
Publication Date: 2011-08-09
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Gibson Dunn partners Timothy Hatch and Wayne Smith have spent years battling claims that their for-profit educational company clients ripped off the government by taking student loan money while skirting federal rules on recruiter pay. They can expect to stay busy.

January 02, 2009 |

'Science First' Leads to Dismissal of Raft of Suits Over Purloined Body Parts

A federal judge in Newark dismisses about 325 suits by recipients of body parts stolen from corpses, saying the plaintiffs did not show a likelihood of contracting disease from the transplants.
4 minute read
(Another) Delaware Vice-Chancellor Enjoins Shareholder Vote on Merger, Citing Concerns About Target's Financial Adviser
Publication Date: 2011-03-07
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Turns out Vice-Chancellor Laster, who last month blocked a shareholder vote on Del Monte's LBO because of its financial adviser's conflict of interest, isn't the only Delaware jurist siding with shareholders. Vice-Chancellor Noble on Friday called a temporary halt to a shareholder vote on Qualcomm's acquisition of Atheros. And once again, the financial adviser's fee is at issue.

November 30, 2006 |

Making a Nuisance of Lead Paint

Three decades after lead-based paint was banned as a public health hazard, New Jersey cities and towns want it declared a public nuisance. The state Supreme Court is poised to decide the issue and the case has the rapt attention of the paint industry, which fears adoption of the doctrine in New Jersey would ease the way for recoveries across the nation.
4 minute read
Value of Contract Attorneys Debated in Fee Request for Citigroup Class Action Settlement
Publication Date: 2013-01-25
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Kirby McInerney and shareholder activist Ted Frank continue to fight over the rate for contract attorneys who worked on on a securities class action against Citigroup. Kirby McInerney submitted a fee request for the suit's settlement that values the attorneys' time at up to $1,000 per hour; Frank says it should be around $50.

June 05, 2007 |

Homebuilder Beazer Faces Barrage of Suits for 'Reckless Tactics'

A Texas-based commercial lender has sued home building company Beazer Homes USA Inc., its board, and current and former executives, claiming that their "reckless tactics" have resulted in multiple federal investigations. The shareholder derivative suit claims that Beazer arranged mortgages through its lending arm for unqualified buyers, leading to numerous foreclosures that have undermined Beazer's financial stability. The federal case is one of seven brought by Beazer shareholders and employees.
7 minute read
September 16, 2008 |

In re Merck & Co. Inc. Securities Derivative and ERISA Litigation

The District Court erred in finding that appellants were put on inquiry notice of Merck's alleged securities fraud in connection with Vioxx before Oct. 9, 2001.
5 minute read
June 22, 2007 |

Suits & Deals

Large settlements and verdicts in New Jersey.
6 minute read
May 30, 2007 |

LEGO GC Committed to Children

It's not every day you come across a corporate lawyer who devotes two business days a week entirely to pro bono work -- all pertaining to the representation of children or indigent parents. What's even more remarkable is, in between that and serving as general counsel of LEGO Systems Inc. for the past 15 years, Peter Arakas used his spare time to create Connecticut's first Truancy Intervention Project, designed for lawyers to represent children in truancy cases and serve as their mentors.
5 minute read

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