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September 19, 2024 | The Recorder

'Disclose, Disclose, Disclose': A Conversation With Stradley Ronon's David Piper on the Rise of CIPA Claims

"Our philosophy is that privacy policies and data security are just part of what I would term 'good security hygiene,' at this point, for companies. I think that they need to take a hard look at their privacy policies on a regular basis," said Piper.
8 minute read
In re Sculptor Capital Mgmt. Inc. Stockholder Litig.
Publication Date: 2024-09-17
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Ned Weinberger, Michael C. Wagner, Labaton Keller Sucharow LLP, Wilmington, DE; Thomas Curry, Saxena White P.A., Wilmington, DE; Joseph L. Christensen, Meghan D. Dougherty, Christensen & Dougherty LLP, Wilmington, DE; A. Thompson Bayliss, Christopher F. Cannataro, Florentina D. Field, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
For defendant: Edward B. Micheletti, Arthur R. Bookout, Matthew P. Majarian, Peyton V. Carper, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Brock E. Czeschin, Matthew D. Perri, Kevin M. Kidwell, Mari Boyle, Richards, Layton & Finger, P.A., Wilmington, DE; David E. Ross, Roger S. Stronach, Ross Aronstam & Moritz LLP, Wilmington, DE for defendants.
Case number: 2023-0921-SG

Court calculated legal fee award based on the portion of the transaction price increase that was generated by plaintiff's litigation and the stage of the litigation when the increase was obtained.

September 12, 2024 | Law.com

New York Times, Athletic Media Hit With Data Privacy Class Action for Allegedly Sharing User Data

The claim alleged that the New York Times violated the federal Video Privacy Protection Act of 1988 and the New York Video Consumer Protection Act by sharing consumers' personally identifiable information with third parties. Counsel has not yet appeared for the defendants.
4 minute read
September 05, 2024 | New York Law Journal

Attorney of the Year Finalist: Michael Canty of Labaton Keller Sucharow

A former Assistant U.S. Attorney known for his knack of "eyeballing fraud" when he sees it, Labaton Keller Sucharow partner Michael Canty brings…
3 minute read
September 04, 2024 | National Law Journal

2nd Circuit Tosses Securities Suit Against Ericsson Over Statements on Alleged Iraq Corruption

"Ericsson's Anti-Corruption Statements contained no such specificity that would transform any of those generalized statements from mere puffery to an actionable material misrepresentation," the appeals court wrote.
3 minute read
August 29, 2024 | New York Law Journal

Litigation Department of the Year Finalist, Class Action: Labaton Keller Sucharow

"We are upstanding, cohesive, and aligned in the ways we treat clients, opposing counsel, and each other. We respect such integrity in our opposing counsel."
3 minute read
In re Dell Tech., Inc. Class V Stockholders Litig.
Publication Date: 2024-08-27
Practice Area: Corporate Governance
Industry: Electronics | Investments and Investment Advisory | Software
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Stephen B. Brauerman, Sarah T. Andrade, Bayard, P.A., Wilmington, DE for appellant.
For defendant: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Domenico Minerva, Joseph Cotilletta, Labaton Sucharow LLP, New York, NY; David M. Cooper, Silpa Maruri, George T. Phillips, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; William R. Sears, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Robert Gerson, Jonathan Zweig, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David F.E. Tejtel, Christopher M. Windover, Lindsay La Marca, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for appellee.
Case number: 349, 2023

Court upheld counsel fee of 26 percent of $1 billion settlement where Delaware disfavored per se rules governing reasonableness of fee awards and chancery court adequately explained the reasonable value of the award.

August 20, 2024 | The American Lawyer

American Lawyer Industry Awards and Corporate Practices of the Year Finalists Announced

Join us in congratulating and celebrating the below finalists.
6 minute read
August 15, 2024 | Delaware Business Court Insider

Upholding $266.7M Fee Award, Del. Supreme Court Rejects Diminishing-Returns Curb on Bigger Wins

The opinion by Chief Justice Collins J. Seitz Jr. states Delaware precedent doesn't support requiring a declining percentage fee model like the one used in federal courts.
4 minute read
August 15, 2024 | Law.com

How Corporate Law Legislation Morphed Into a Conversation on Judicial Ethics

An amendment to Delaware's corporation law has divided lawyers and led to discussion about when Court of Chancery judges should and should not weigh in on laws they will later apply.
5 minute read

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