Sign in to follow
Search Results

0 results for 'Bernstein Litowitz Berger'

You can use to get even better search results
Ernst & Young Settles with HealthSouth Shareholders for $109 Million; Class Certification Hearing with Bondholders, Other Defendants Set for Friday
Publication Date: 2009-03-24
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

The HealthSouth litigation continues. On Tuesday the shareholders of HealthSouth, represented by the ubiquitous Coughlin Stoia Geller Rudman & Robbins, announced a $109 million settlement with Ernst & Young, which was the scandal-ridden company's accountant. And more action in the case is on the way.

Coughlin Stoia Wins Class Certification for HealthSouth Shareholders
Publication Date: 2009-04-01
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Coughlin Stoia Geller Rudman & Robbins didn't get hired by two California pension funds in the class action against Bank of America this week, but it did win a class certification ruling in a long-running case against HealthSouth's banker, UBS, and former HealthSouth CEO Richard Scrushy.

In First Major Interpretation of Supreme Court's Morrison Opinion, L.A. Judge Restricts Claims in Toyota Class Action (and, Oh Yeah, Picks Lead Plaintiff)
Publication Date: 2010-07-21
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

The high court left some uncertainty about the viability of claims by U.S. shareholders who bought shares of foreign companies on foreign exchanges. The Toyota judge decided, for the purposes of picking a lead plaintiff, that only U.S.-traded securities count.

What a Deal! J. Crew Sues to Enforce $10 Million Understanding It Reached With Shareholders Over Buyout
Publication Date: 2011-05-13
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

In an unusual move, J. Crew has turned the tables on shareholders and sued them for allegedly backing out of the terms of a memorandum of understanding. In a complaint filed in Delaware Chancery Court, the company seeks to enforce the $10 million "binding agreement" that allegedly resolved shareholder charges arising from the the company's buyout by CEO Mickey Drexler and two private equity funds.

Michael Miller of Steptoe & Johnson and Jonathan Harris of Harris, Cutler & Houghteling
Publication Date: 2011-10-13
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

With securities arbitration awards creeping ever higher in the wake of the financial meltdown, Miller and Harris still easily cracked the top 10 with a $61 million FINRA award against Soci�t� G�n�rale on behalf of a California investment management firm.

Financial Crisis Redux: Former Bear Stearns Executives Appear To Slip Out of $275 Million Shareholder Settlement Without Paying a Dime of Own Money
Publication Date: 2012-06-07
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

This proposed deal comes two weeks after a federal judge signed off on a similar $90 million settlement of shareholder claims against the officers and directors of Lehman that was covered entirely by D&O insurance.

Manhattan Federal Judge Accuses Coughlin Stoia of 'Shocking Conflict of Interest,' But Is Everyone Engaging in the Practice That Irked Him?
Publication Date: 2009-04-16
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Judge Jed Rakoff almost fell off the bench when a pension fund administrator told him Coughlin Stoia monitors his fund's investments for free in order to identify potential securities cases. But is the practice in fact common in the securities class action bar?

Former Satyam Directors Dodge Class Action over 'India's Enron'
Publication Date: 2013-01-03
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Indian business leaders who got swept up in the accounting scandal known as "India's Enron" escaped a U.S. shareholder class action this week, thanks to their lawyers at Weil Gotshal & Manges, Cooley, and Debevoise & Plimpton.

And They're Off! Race for Lead Counsel in BofA Class Action Is Officially Under Way
Publication Date: 2009-03-24
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Bank of America's acquisition of Merrill Lynch has sparked 160 shareholder lawsuits. Not surprisingly, the competition for lead plaintiff and lead counsel positions is attracting some heavy hitters.

Countrywide Derivative Plaintiffs Reach Delaware Dead End
Publication Date: 2013-09-11
Practice Area:
Industry:
Court:
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

Stuart Grant of Grant & Eisenhofer called the Delaware Supreme Court's ruling "incomprehensible," saying it's both unjust and at odds with the court's earlier statements related to Countrywide and Bank of America.

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources