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November 17, 2023 | Delaware Business Court Insider

Delaware Shareholder Lawsuit Against Disney Claims Insider Trading by Execs

The complaint claims that since December 2020, Disney has been misleading investors about its streaming platform by concealing expenses and the difficulty of sustaining subscriber growth.
3 minute read
November 06, 2023 | New York Law Journal

Brooklyn Federal Judge Grants Digital Wallet Company's Motion to Dismiss Securities Class Action

A proposed class led by Moset International Company filed a consolidated amended complaint against QIWI in July 2021.
3 minute read
November 01, 2023 | Delaware Business Court Insider

'When Do We Cross the Line?', Seitz Asks in Appeal of Block's Deal to Acquire Tidal

Block Inc., Jack Dorsey's tech company, is being sued over its acquisition of Tidal, a music streaming service founded by Jay-Z.
4 minute read
November 01, 2023 | Corporate Counsel

Teva CLO David Stark Moving On After Two Rough-and-Tumble Decades

"My main criteria for the future will be to work with fantastic humans and to find yet another challenge that puts my experiences to their best possible use," Stark said in a LinkedIn post.
4 minute read
October 31, 2023 | Corporate Counsel

SEC Sues SolarWinds CISO Over Massive Breach, Escalating Push to Put Public Company Execs on Firing Line

The company blasted the agency for "overreach" and said the enforcement action "should alarm all public companies and cybersecurity professionals across the country."
4 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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October 23, 2023 | National Law Journal

Quinn Emanuel Taps DOJ Official to Co-Chair Securities Litigation and Derivatives Groups

In the past two years, Avi Perry served as chief of the market integrity and major frauds unit in the criminal division's fraud section.
3 minute read
October 19, 2023 | Daily Business Review

Shareholders Slam NextEra Energy With Florida Federal Lawsuit

"If the facts are as alleged, the company has a lot of answering to do," said Roland S. Chase, a partner at Hill Ward Henderson.
3 minute read
October 18, 2023 | Law.com

1st Circ. OKs Class Action Claim Against Biogen Over Statement Regarding Alzheimer's Drug Dose-Response Relationship

According to the court, "some patients did better on a lower dose and others experienced the same lack of clinical benefit whether they were on the higher dose or not," and therefore, the defendants failed to disclose the subgroup data, "which would have contextualized their 'all data' claim," leading the complaint to plausibly allege that the defendants' omission misled investors.
4 minute read
October 18, 2023 | Delaware Business Court Insider

Precedent Dismissing Voting Rights Cases 'Falls Far Short,' Attorney for Fox, Snap Shareholders Says

The right to sue, a Bernstein Litowitz partner argued, is implied in every Delaware charter, referencing how in the past the court has analogized charters with contracts, which frequently have implied terms that can be binding.
4 minute read
October 10, 2023 | The Recorder

Lafayette Attorney Indicted for Role in Alleged DC Solar Ponzi Scheme

Ari J. Lauer has also been named in a securities fraud suit brought by the U.S. Securities and Exchange Commission.
3 minute read

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