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January 06, 2010 |

Former Comverse Execs to Shell Out Millions in Backdating Settlement

Former Comverse Technology GC William Sorin, the first corporate executive to serve time for options-related crimes, must pay $1 million to partially fund a class action settlement stemming from alleged stock option backdating. The company's former CEO, Jacob "Kobi" Alexander, will also pay $60 million to Comverse as part of the settlement. In return, Comverse will drop its lawsuit against the former executives, and the executives will drop their countersuits against the company.
3 minute read
August 12, 2009 |

News In Brief

6 minute read
Smith v. Lenches
Publication Date: 2001-08-31
Practice Area: civil practice : federal | class actions | corporate &amp | securities | securities litigation
Industry:
Court: 9th Cir.
Judge: William C. Canby, Jr., Michael Daly Hawkins, and Ronald M. Gould, Circuit Judges
Attorneys:
For plaintiff:
For defendant:
Case number: No. 00-16582

The full case caption appears at the end of this opinion. This is a rare case. In the district court, defendants gained a dismissal with prejudice of all claims against them,

February 12, 2009 |

Attorney Continues Long Battle With Pfizer Over Nigerian Drug Experiments

Attorney Richard Altschuler has been fighting an eight-year battle with Pfizer over allegations that the pharmaceutical giant secretly tested a new drug during a 1996 meningitis outbreak in Nigeria, with devastating results including the deaths of 11 children. In late January, the 2nd Circuit ruled that 88 Nigerian families, including 58 that Altschuler represents with Nigerian-based co-counsel, can pursue claims in U.S. court. Despite the ruling, the attorneys may decide to switch the suit to Nigeria.
7 minute read
United States v. Hans Bodmer
Publication Date: 2004-07-21
Practice Area: Criminal Practice
Industry:
Court: U.S. District Court for the Southern District
Judge:
Attorneys:
For plaintiff:
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Case number:

U.S. District Court Southern District of New York Judge Scheindlin Hans Bodmer is a Swiss national who was arrested while in South Korea on business. His arrest stem

Fiala v. Metropolitan Life Insurance Company
Publication Date: 2004-04-27
Practice Area: Insurance Law
Industry:
Court: Appellate Division, 1st Dept
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number:

By Ellerin, J.P., Williams, Lerner, Friedman, JJ. 2808-2809-2810 Eugenia J. Fiala Plaintiffs-Appellants-res, v. Metropolitan Life Insurance Company, Defendant-res-ap

New York County First Department SUPREME COURT,
Publication Date: 2012-04-06
Practice Area:
Industry:
Court:
Judge:
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For plaintiff:
For defendant:
Case number:

Justice Lucy BillingsMru Student Loan Trust v. Clancy (100279/12)—Motion Disposed As IndicatedJustice Eileen BranstenA

Service Employees International Union v. United States
Publication Date: 2010-03-17
Practice Area: Taxation
Industry:
Court: 9th Cir.
Judge:
Attorneys:
For plaintiff: Nathan J. Hochman, Assistant Attorney General, Robert W. Metzler, Ivan C. Dale (argued), Tax Division, Department of Justice, Washington, DC; Joseph P. Russoniello, United States Attorney, San Francisco, California; for the United States of America (appellant in 07-17256 and appellee in 08-16105).
For defendant: William E. Taggart, Jr., Oakland, California, for Service Employees International Union and 100 Oak Street Corporation (appellees in 07-17256 and appellants in 08-16105).
Case number: No. 07-17256 No. 08-16105

Cite as 10 C.D.O.S. 3342SERVICE EMPLOYEES INTERNATIONAL UNION, 100 OAK STREET CORPORATION, Plaintiffs-Appellees, v.p id="d

Berry v. Valence Technology
Publication Date: 1999-04-29
Practice Area: corporate &amp | securities | securities litigation
Industry:
Court: U.S. Court of Appeals for the Ninth Circuit
Judge: Myron H. Bright, Betty B. Fletcher, and David R. Thompson, Circuit Judges
Attorneys:
For plaintiff: Leonard B. Simon
For defendant: Robert P. Feldman, et al.
Case number: No. 97-17346

The full case caption appears at the end of this opinion. Opinion by Judge B. Fletcher OPINION B. FLETCHER, Circuit Judge: Plaintiffs, a clas

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