0 results for 'Barrack, Rodos & Bacine'
Barrack Rodos' $277 Mil. Win Overturned by District Court
What began as a banner year for Philadelphia-based national class action firm Barrack Rodos & Bacine has taken a bit of a downturn.Brushing aside objections by a group of shareholders, a judge in Phoenix gave final approval on Friday to the full $48.4 million in attorney fees Barrack Rodos had requested late last year as part of a $145 million class settlement.
Class Antitrust Litigator Joining Fox Rothschild
Fox Rothschild O`Brien & Frankel will begin its foray into class action antitrust litigation next week with the addition of former Barrack Rodos & Bacine partner Steven A. Asher.Barrack Rodos' $277 Mil. Win Overturned by District Court
In January, Philadelphia-based national class action firm Barrack Rodos & Bacine helped a class of investors win a $277 million verdict awarded by a jury that said Phoenix-based for-profit corporation Apollo Group Inc. had misled investors. Now, a little over six months later, a Phoenix federal district court has thrown out the verdict, which was believed to have been the largest in a securities class action case since the Private Securities Litigation Reform Act was passed in 1995.Securities class action verdict in Univ. of Phoenix case may be recordbreaking
Law firm Barrack Rodos & Bacine has won what is believed to be the largest plaintiffs' verdict in a securities class action case since the Private Securities Litigation Reform Act was passed in 1995. Apollo Group, which owns the University of Phoenix, and its former CEO and CFO were ordered to pay as much as $5.55 per share to shareholders who alleged that the company hid a government report charging that student recruitment practices violated federal rules. The full verdict amount is not yet known.'Lead Plaintiff' Gets Lesson in Securities Class Actions
Charles Chalmers, a San Francisco lawyer, unknowingly became a "lead plaintiff" in one of 23 class actions alleging securities fraud by Digital Lightwave Inc., a maker of test products for high-speed telecommunications networks. Chalmers' experience sheds light on what happens in practice under the reforms to investor class actions that Congress enacted in 1995 to target abuses by plaintiffs lawyers. And if his saga is any example, the law may not be working as Congress intended.Cite as: Greenlight Capital, L.P. v. Apple, Inc., 13 Civ. 976, NYLJ 1202590550081, at *1 (SDNY, Decided February 22, 2013)District Judge Richard Sull
Cite as: Iowa Public Employees' Retirement System v. Merrill Lynch, Inc. 09-3919-Cv, NYLJ 1202472076104, at *1 (2nd Cir., September 14, 2010)Before: Jacobs, Ch.
Cite as: Iowa Public Employees' Retirement System v. Merrill Lynch, Inc. 09-3919-Cv, NYLJ 1202472076104, at *1 (2nd Cir., September 14, 2010)Before: Jacobs, Ch.
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