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March 07, 2024 | New York Law Journal

Securities Litigation Cases Continued to Decline Nationally in 2023, Report Finds

New York's Southern District continued to be the leading destination for cases, with Delaware second. The Brooklyn-based Eastern District was third and the Northern District of California fourth, the study said.
4 minute read
January 04, 2024 | Law.com

Elderly Couple's Suit Against JPMorgan Chase Claiming More Than $20M in Losses Limited to Bench Trial

"Although we are disappointed with the decision, we look forward to moving swiftly ahead with a bench trial before Judge Kelley and getting the Doelgers the justice they deserve," the plaintiffs' lead attorney, James R. Serritella, a partner with Kim & Serritella, told Law.com.
5 minute read
October 23, 2023 | National Law Journal

Quinn Emanuel Taps DOJ Official to Co-Chair Securities Litigation and Derivatives Groups

In the past two years, Avi Perry served as chief of the market integrity and major frauds unit in the criminal division's fraud section.
3 minute read
September 29, 2023 | National Law Journal

SEC's Busy Week Sends Wave of Work to Big Law

Wilmer, Sidley, King & Spalding, Skadden and many others in Big Law are advising corporate insiders, companies, financial firms and others caught up in the SEC's latest enforcement actions.
3 minute read
September 08, 2023 | The American Lawyer

Will Cahill's Brand Save It From the Modern Big Law Environment?

The firm is smaller in partnership than most of its peers and lacks extensive practice diversification. "Is there a place for a 400-person firm in Big Law?" said an Am Law 50 chair.
9 minute read
August 18, 2023 | Litigation Daily

Litigators of the Week: A Resounding Class Certification Win for Goldman Sachs at the 2nd Circuit

The court sided with a joint defense team led by Bob Giuffra at Sullivan & Cromwell and Kannon Shanmugam of Paul Weiss in finding a mismatch between the targeted drop in Goldman's stock price and the bank's generic statements about conflicts of interest and business ethics.
9 minute read
July 24, 2023 | Delaware Business Court Insider

Back to the Drawing Board: Vice Chancellor Blocks Settlement of Claims Arising From AMC's Reverse Stock Split

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
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
June 29, 2023 | Delaware Business Court Insider

Conflicting AMC Shareholders' Attorneys Clash at Chancery Court Settlement Hearing

Attorneys for the shareholder plaintiffs and defendant AMC, both in favor of the proposed settlement, argued a stock conversion is the best possible option for shareholders, though objectors held firm that it would unfairly strip value from individual holders of common stock.
4 minute read
May 25, 2023 | Delaware Business Court Insider

AMC Shareholders Seek Active Pro Se Role in Settlement Proceedings

More than 100 letters have been sent to the court by AMC shareholders, most critical of the class representation. That's an unusual level of intervention from shareholders, court-watchers said.
4 minute read

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