0 results for 'Berger Montague'
Seven-Year-Old MCA Shareholder Settlement Upheld
A Delaware judge rejected a bid by disgruntled ex-MCA shareholders to overturn a 7-year-old $2 million settlement of shareholder suits against Matsushita Electric Industrial over its acquisition of MCA. The judge noted Chancery Court precedent already rebuffed investors unhappy with a securities class-action settlement who waited a year to file their motion to intervene.Corrugated Paper Antitrust Case Nets $210M in Settlements
With a $92.5 million settlement by the final and largest defendant, a class action antitrust suit against leading manufacturers of corrugated paper products has resulted in combined settlements of more than $210 million -- the largest ever in a price-fixing case in the Eastern District of Pennsylvania. Nevertheless, plaintiffs say a significant portion of the litigation will continue because some of the biggest buyers in the plaintiffs' class opted out to pursue their own lawsuits.Phila. Securities Lawyers Revive Shareholders Suit
Appeals Court Eases Standard For ClaimNumbers of Minorities, Women on the Rise on Philadelphia
There are more African-Americans and women but fewer summer associates overall visiting Philadelphia law firms this summer. And after a year of robust salary increases, firms held the line in 2001.Retention Campaign Funding Increasing, Drawing Concern
There are plenty of reasons why law firms and attorneys might be inclined to contribute to the retention campaign fund of a state Supreme Court justice.Ninth Circuit Takes Aim at Gun Companies
The Ninth Circuit U.S. Court of Appeals held Thursday that gun manufacturers can be held liable for letting weapons fall into the hands of criminals, in a decision that could bolster similar cases pending throughout California. "Because the plaintiffs have stated a cognizable claim under California tort law for negligence and public nuisance against the manufacturers and distributor of the guns used in the shootings, we reverse the district court's dismissal against the plaintiffs," wrote Judge Paez.Secret Sources Safe in Securities Suit
Corporate defendants are not entitled to know the identity of confidential informants in securities fraud cases if the plaintiff is able to plead sufficient other facts that support the claim, but the plaintiffs are nonetheless required to turn over the names and addresses of every witness with relevant information, a federal judge has ruled.Secret Sources Safe in Securities Suit
Corporate defendants are not entitled to know the identity of confidential informants in securities fraud cases if the plaintiff is able to plead sufficient "other facts" that support the claim, but the plaintiffs are required to turn over the names and addresses of every witness with "relevant information," a federal judge has ruled. The ruling comes in a suit by CIGNA investors who allege that the company and three top executives made false and misleading statements about the company's finances.Will former clients haunt Holder
One afternoon shortly after the 2001 inauguration, Eric Holder Jr. considered his future from his lavishly appointed office in the Justice Department's Robert F. Kennedy Building, still his a while longer, until his Republican successor arrived. One of his old friends, Covington Burling's Thomas Williamson Jr.State AI Legislation Is on the Move in 2024
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