0 results for 'Keller Rohrback'
The Chicago suit seems an awful lot like cases already filed by the Federal Home Loan Banks of Seattle and San Francisco.
401(k) fee suits not soon to retire
Litigation concerning excessive administrative fees charged to employees by their 401(k) plans is heating up and adding a new twist. The suits come amid stepped-up investigations by a congressional committee, the U.S. Department of Labor and the U.S. Securities and Exchange Commission into inadequate disclosures of administrative fees charged to employees in 401(k) and other retirement plans.New Derivative Deal Approved in Zoran Backdating Settlement
Lawyers in Zoran Corp.'s stock options backdating derivative litigation got preliminary approval Thursday for a resolution that would give the company about $3.4 million in cash to settle its allegations against the company's directors and officers. Northern District of California Judge William Alsup had previously rejected a settlement that would've given Zoran canceled stock options and some corporate governance reforms but handed the only cash -- $1.2 million -- to the plaintiffs lawyers.Federal judge rejects easy options deals
Northern District of California Judge William Alsup rejected a preliminary settlement in a derivative lawsuit against directors and officers at Zoran Corp. on April 7, alerting lawyers that the company's shareholders deserved more than the cashless promises to behave that the opposing sides had agreed on. On the same day, he also discouraged attorneys from settling a similar case involving CNET. Observers said Alsup's stance might signal that deals in which only the lawyers get paid won't pass muster.New derivative deal approved in Zoran backdating settlement
Lawyers in Zoran Corp.'s stock options backdating derivative litigation got preliminary approval Thursday for a resolution that would give the company about $3.4 million in cash to settle its allegations against the company's directors and officers. Northern District of California Judge William Alsup had previously rejected a settlement that would've given Zoran canceled stock options and some corporate governance reforms but handed the only cash -- $1.2 million -- to the plaintiffs lawyers.Judge Approves $150 Million BofA Settlement With Former Merrill Investors
New York federal district court Judge Jed Rakoff has granted preliminary approval to the settlement of a securities class action Bank of America inherited when it acquired Merrill Lynch. The bank has agreed to pay $150 million to former Merrill Lynch investors who accused the company of misleading them in connection with the sale of bonds and preferred stock. He also awarded co-lead counsel Keller Rohrback and Cohen Milstein & Toll a handsome $18.75 million in attorney fees.Seattle Firm Drags Canadians Into U.S. Court
In what Seattle firm Keller Rohrback believes to be a case of first impression, its managing partner has filed a request for class action status for a suit against a Canadian laser eye surgery center it claims has violated Washington's Consumer Protection Act.A 'perfect storm' for pension suits?
Attorneys are doing well with the unfortunate outcomes for employees of companies trying to endure bankruptcies and scandals.Suit May Proceed Alleging Cancer Risk In J&J, Wal-Mart Baby Bath Products
A federal judge in Newark has ruled plaintiffs can pursue a class-action suit alleging that Johnson & Johnson and Wal-Mart baby bath products are unfit for sale because they contain a banned chemical that could cause cancer.Trending Stories
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