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July 14, 2023 | National Law Journal

Celebrating Outstanding Achievements: The 2023 Elite Trial Lawyers

The National Law Journal is proud to recognize professional excellence in plaintiffs litigation as well as lifetime achievements and diversity and inclusion initiatives. For the first time, the Elite Trial Lawyers awards also included The Plaintiffs Firm of the Year.
5 minute read
July 03, 2023 | Delaware Business Court Insider

Shareholders in Pipeline Company Win Claim for Disclosure Breach in Case Over Merger Talks

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
April 13, 2023 | Delaware Business Court Insider

'Now Is the Appropriate Time': Chancery Court Rejects Walmart's Laches Defense in Opioid Prescriptions Case

The decision provides guidance on the timeliness of claims seeking to hold management accountable for not putting in place adequate central compliance risk reporting systems.
3 minute read
February 10, 2023 | National Law Journal

Plaintiffs Attorneys Expect 2023 to Be Record-Setting Year for Securities Litigation Results

Crypto, Big Tech and the threat of a commercial real estate bubble are some of the areas plaintiffs attorneys are closely watching as targets of potential securities litigation this year.
4 minute read
March 29, 2021 | National Law Journal

'The Less We Write, the Better': Justices Signal Narrow Ruling on Goldman Sachs' Bid to Reverse Class Certification

The main debate Monday centered on what evidentiary weight those statements should have, with both sides trimming more sweeping declarations made earlier in the litigation.
6 minute read
March 25, 2021 | New York Law Journal

Goldman Takes Class Certification Argument to Supreme Court, in Closely Watched Securities Case

The high court is set to hear arguments March 29 in a securities class action appeal from Goldman Sachs that threatens to undo a key tool for plaintiffs in obtaining class certification.
7 minute read
February 10, 2021 | Delaware Business Court Insider

Shareholders Say Auto-Racing Video Game Developer Played Them in Deal Before IPO

In a complaint filed Monday in the District of Delaware, HC2 Holdings 2 Inc. and Continental General Insurance Co. allege majority shareholder Motorsport Games Inc. portrayed 704Games Company as being unprofitable and bought out their shares for $1.2 million, then months later went public with shares trading at more than 170 times that buyout value.
3 minute read
January 13, 2021 | National Law Journal

New SEC Whistleblower Rule Threatens Law Firm Compensation, Lawsuit Claims

Lawyers from the litigation boutique Consovoy McCarthy represent whistleblower lawyer and named plaintiff Jordan Thomas of Labaton Sucharow "Now, in the middle of the proverbial football game, the Commission has moved the goal posts on literally hundreds of SEC whistleblowers," the complaint said.
6 minute read
September 23, 2020 | National Law Journal

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

"The spin is just remarkable," Sean McKessy, former SEC whistleblower chief, said. "Overall, this is a net-negative for whistleblowers."
6 minute read
March 31, 2020 | Corporate Counsel

Listen Up: Company Ignored Compliance Officer Who's Now $450K Richer as Whistleblower

The whistleblower "made reasonable efforts to work within the company's compliance structure, suffered unique hardships as a result, and reported to the commission after the requisite time period had passed," said Jane Norberg, head of the SEC's Whistleblower Office.
3 minute read

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