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February 01, 2013 |

Deals & Suits

19 minute read
February 15, 2000 |

Disney Lands a Lemon

The Delaware Supreme Court granted shareholders in the Mickey Mouse empire another gnaw at the apple when it partly overturned a Court of Chancery opinion dismissing suits filed over Michael Ovitz's $140 million severance package. "One can understand why Disney stockholders would be upset with such an extraordinarily lucrative compensation agreement and termination payout awarded a company president who served for only a little over a year and who underperformed to the extent alleged," concluded the court.
9 minute read
Bernstein Is Back! In Latest RiskMetrics Ranking of Plaintiffs Firms, Bernstein Litowitz Regains Top Slot for Total Settlement Value, Racking Up Nearly $1 Billion in 2010
Publication Date: 2011-03-24
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Robbins Geller had almost twice as many settlements as Bernstein Litowitz, but Bernstein's cases were a lot bigger.

Merck Investors Win Class Cert as Vioxx Litigation Marches On
Publication Date: 2013-01-31
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Merck has already paid close to $6 billion in civil settlements and criminal fines over the Vioxx debacle. Now that the company's lawyers at Cravath and Hughes Hubbard have failed to block a long-running securities class action over the drug, is another settlement on the way?

July 21, 1999 |

Gumshoes Stuck as Clients Do Snooping on the Web

If Sam Spade or Mike Hammer were around today, they'd probably be plumbers, thanks to a boom in Internet snooping, which lets savvy computer users do their own detective work instead of hiring a gumshoe to do it for them. Some private detectives -- there are about 8,700 in California -- say their business has been stunted by the ability of people to use the Internet to gather information they used to hire a private eye to collect.
3 minute read
December 31, 2003 |

A Year Of Transition In Eastern District Of Pa.

For the judges of the Eastern District of Pennsylvania federal bench, 2003 will be remembered as the year that Judge Jay C. Waldman died and the year Judge Harvey Bartle III learned that he is likely to serve as the court's next chief.
7 minute read
Wisecracking Judge Trims Egg Price-Fixing Class Action
Publication Date: 2012-04-27
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U.S. District Judge Gene Pratter in Philadelphia can't resist cracking egg-related jokes every time she rules on allegations that egg producers conspired to inflate egg prices. But as always, her latest ruling is serious business for the defendants in the case.

April 13, 2007 |

In re: Initial Public Offering Securities Litigation

Rehearing of IPO Class Action Issue Denied; No Reason to Revise Standard for Class Certification
7 minute read
December 17, 1999 |

Backing Out of the Lead

A Philadelphia pension fund would rather quit its position as lead plaintiff in a stock-drop class action than dump a hometown law firm as counsel. In an unprecedented move in securities litigation, the Philadelphia Board of Pensions and Retirement told a federal judge in California that it no longer wanted to serve as lead plaintiff in a massive class action against Network Associates. The Santa Clara, Calif. software company was sued after it made bookkeeping errors that inflated its stock price.
4 minute read
Westchester Putnam Heavy Highway Laborers Local 60 Benefit Funds v. Sadia S.A., 08 Civ. 9528
Publication Date: 2009-05-18
Practice Area: Business Law
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Court: U.S. District Court for the Southern District
Judge: Shira Scheindlin
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District Judge Shira A. Scheindlin U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Appearances For Plaintiffs: Curtis Victor Trinko, Es

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