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January 16, 2002 |

Plaintiffs Unable to Prove Securities Fraud

IKON Office Solutions Inc. paid $111 million to settle a shareholders` suit that accused the company of overstating its income, but a federal appeals court has now ruled that the same investors don`t deserve a penny from the accounting firm of Ernst & Young because they simply have no evidence that its audit was performed recklessly.
7 minute read
July 14, 2003 |

Fireman's Fund Insurance Company v. Imbesi,

Where plaintiff settled her sexual-harassment complaint against her employer for $4.15 million, and the settlement provided for judgment in favor of plaintiff in exchange for $1 million and assignment of defendants' claims against the nonsettling insurers, and none of the settlement of $4.15 million was attributable to punitive damages, the trial judge's finding that the overall settlement was unreasonable, collusive and unenforceable against the nonsettling insurer is affirmed.
18 minute read
January 12, 2004 |

Zappala Out, Eisenhower Likely In

With Allegheny County District Attorney Stephen A. Zappala Jr. deciding not to enter this year's Democratic primary for state attorney general, the race becomes a wide-open affair between four candidates, including two who faced off in a bitter primary four years ago.
6 minute read
August 28, 2002 |

Deals & Suits

8 minute read
October 09, 2006 |

C-D

11 minute read
Kirkland and Willkie Ask MDL Panel to Transfer Facebook IPO Cases to New York
Publication Date: 2012-06-15
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Facebook's lawyers want all of the 40-plus cases filed over the company's initial public offering to be coordinated in Manhattan. The Second Circuit is considered to have better case law for securities defendants on loss causation than the Ninth Circuit, where Facebook is based, which could sharply limit damage claims. Plus, Nasdaq also faces stockholder claims in New York that it botched the IPO.

December 23, 2005 |

2005: A Competitive Time for Area Firms

Editor's note: This is one of several articles taking a look at how Pennsylvania firms, courts and legal institutions fared during 2005.
9 minute read
September 18, 2006 |

Judge Picking Going Slowly in Ocean, Morris

With the Legislature back in session and 31 Superior Court vacancies waiting to be filled, a question looms: Will Gov. Jon Corzine defer to state senators who are used to driving the selection process? He's pledged to appoint only the best-qualified candidates, but that may mean taking heat from senators pushing candidates who don't pass muster.
5 minute read
May 22, 2000 |

What's New in Agency Practice? Most Everything

Administrative practice can be far from sexy work. But lawyers who represent clients subject to official regulation -- from government workers in disputes with personnel agencies to tavern owners trying to get liquor licenses -- are niche practitioners of the most specialized sort. Those niches are undergoing exciting changes.
17 minute read

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