• Nieves v. Just Energy New York Corp.

    Publication Date: 2020-11-25
    Practice Area: Consumer Protection | Contractual Disputes | Energy and Natural Resources
    Industry: Energy
    Court: U.S. District Court for the Western District of New York, U.S. - WDNY
    Judge: District Judge William Skretny
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 17-CV-561

    Breach Action Over Electricity Rates Dismissed; Plaintiff Received What She Bargained For

  • Law.com

    Compliance Hot Spots: Whistleblower Tips Surge Amid the Pandemic | Who Got the Work: Quinn Emanuel's Bill Burck Reps Realtors in DOJ Antitrust Fight | All the Latest Headlines and New Moves

    November 24, 2020

    Welcome to Compliance Hot Spots, our weekly snapshot on white-collar, regulatory and compliance news and trends. Thanks for reading, and be well.

  • National Law Journal

    'Whopper of a Factor': Pandemic Fueled Incoming Tips, and Clients, Whistleblower Lawyers Say

    November 20, 2020

    Whistleblower lawyers said lockdowns and layoffs have given employees not just added distance from their companies but also time to reflect on misconduct and consider reporting it to law enforcement authorities.

  • In re TerraForm Power, Inc. Stockholders Litig.

    Publication Date: 2020-11-18
    Practice Area: Corporate Governance
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Derrick Farrell, Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer, Davis M. Sborz, Andrews & Springer LLC, Wilmington DE; Jeremy S. Friedman, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Steven J. Purcell, Douglas E. Julie, Robert H. Lefkowitz, Kaitlyn T. Devenyns, Purcell Julie & Lefkowitz LLP, New York, NY for plaintiffs.
    for defendant: Kevin G. Abrams, Eric A. Veres, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Stefania D. Venezia, Amanda K. Pooler, Weil, Gotshal & Manges LLP, New York, NY; Brian C. Ralston, Seth R. Tangman, Caneel Radinson-Blasucci, Potter Anderson & Corroon LLP, Wilmington, DE; Daniel M. Sullivan, Holwell Shuster & Goldberg LLP, New York, NY for defendants.

    Case Number: D69192

    Court declined to disregard precedent set forth in Gentile v. Rosette where present case involved, as it did in Gentile, a corporate controller's actions to cause the corporation to issue stock for insufficient consideration such that the controller could increase its stake in the company at the expense of the public minority stockholders, allowing those stockholders to pursue direct claims.

  • In re Baker Hughes Inc. Merger Litig.

    Publication Date: 2020-11-11
    Practice Area: Mergers and Acquisitions
    Industry: Energy
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Ned Weinberger, Thomas Curry, Labaton Sucharow LLP, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Thomas A. Uebler, Joseph L. Christensen, Hayley M. Lenahan of McCollow D’Emilio Smith Uebler LLC, Wilmington, DE; Jeroen van Kwawegen, Edward G. Tim-lin, Alla Zayenchik, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Kurt Hunciker, Hach Rose Schirripa & Cheverie LLP, New York, NY for plaintiffs.
    for defendant: Kevin R. Shannon, Matthew F. Davis, Callan R. Jackson of Potter Anderson & Corroon LLP, Wilmington, DE; Samuel W. Cooper, Paul Hastings LLP, Houston, TX; Edward Han, Paul Hastings LLP, Palo Alto, CA; Michael P. Kelly, Andrew S. Dupre, Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Alan S. Goudiss, Paula H. Anderson, Grace J. Lee, Shearman & Sterling, LLP, New York, NY for defendants.

    Case Number: D69185

    Except for the failure to include certain information in the proxy statement, plaintiffs failed to state a claim against the company's directors for breach of fiduciary duty.

  • City of Providence, Rhode Island v. Abbvie Inc.

    Publication Date: 2020-10-21
    Practice Area: Antitrust | Class Actions | Patent Litigation
    Industry: Pharmaceuticals
    Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
    Judge: District Judge Lewis Liman
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 20-CV-5538

    Appointment of Co-Lead Class Counsel for End-Payor Class in Drug Action Explained

  • National Law Journal | News

    'A Sleight of Hand': Whistleblower Lawyers Recoil at SEC's New Rules

    September 23, 2020

    "The spin is just remarkable," Sean McKessy, former SEC whistleblower chief, said. "Overall, this is a net-negative for whistleblowers."

  • The Recorder | News

    Plaintiffs Lawyers Seek Halt to 'Misleading' Facebook Ads to Privacy Class Members

    September 18, 2020

    Class counsel in the $650 million biometric privacy settlement with Facebook have filed an emergency motion for a temporary restraining order that would halt what it calls a misleading advertisement from Levi & Korsinky, which is soliciting class members to opt out of the agreement.

  • Teamsters Local 443 Health Serv. & Ins. Plan v. Chou

    Publication Date: 2020-09-09
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Mark D. Richardson and David MacIsaac, Labaton Sucharow LLP, Wilmington, DE and New York, NY; Christine M. Mackintosh and Rebecca Musarra, Grant & Eisenhofer P.A., Wilmington, DE; David Wales and Christopher J. Orrico, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank Schirripa, Hach Rose Schirripa & Cheverie LLP, New York, NY; Nathaniel L. Orenstein and Nicole Lavallee, Berman Tabacco, Boston, MA and San Francisco, CA for plaintiffs.
    for defendant: Stephen C. Norman, Jennifer C. Wasson and Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael D. Blanchard, Andrew M. Buttaro and Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants and nominal defendant.

    Case Number: D69115

    Demand was futile in this derivative action, and plaintiffs had alleged sufficient facts to support their claims for oversight liability.

  • In re Coty Inc. Stockholder Litig.

    Publication Date: 2020-09-02
    Practice Area: Corporate Governance
    Industry: Consumer Products
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Ned Weinberger, Labaton Sucharow LLP, Wilmington, DE; John Vielandi and David MacIsaac, Labaton Sucharow LLP, New York, NY; Joel Friedlander, Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; Jeremy S. Friedman and David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; D. Seamus Kaskela, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
    for defendant: Kevin R. Shannon, J. Matthew Belger and Nicholas D. Mozal of Potter Anderson & Corroon LLP, Wil-mington, DE; Gregory P. Williams, Raymond J. DiCamillo, Angela Lam and Kevin M. Regan, Richards Layton & Finger, P.A, Wilmington, DE; James W. Ducayet, Nilofer Umar, Benjamin Friedman and Zarine Alam, Sidley Austin LLP, Chicago, IL; Paul J. Lockwood, Alyssa S. O’Connell and Bonnie W. David, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Lauren E. Aguiar, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY; Patricia L. Enerio and Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defendants and nominal defendant.

    Case Number: D69105

    Stockholder alleged sufficient facts to support their claims for breach of contract and breach of fiduciary duty, so the court denied defendants' motion to dismiss.