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En Banc Panel Adopts New Appellate Standard: Shareholder Suit Dismissed Against Cognizant
Cognizant agreed to pay $25 million to the U.S. Securities and Exchange Commission in 2019 to settle charges that the payments it made to Indian government officials violated the Foreign Corrupt Practices Act.'Perplexing': 6th Circuit Judge Criticizes High Bar for Securities Lawsuits
"Hopefully, a future panel of this Court, or the Supreme Court, can clarify the law along the lines described here, so that the majority's untenable views are not sustained," Judge Eric Clay wrote.Leadership War Breaks Out in 23andMe Data Breach Case 'at the Crossroads'
Lawyers ramped up their fight over how to manage the 23andMe Inc. data breach litigation, disagreeing on everything from whether to immediately settle the cases to handling class members who are "truly frightened."Yacht Broker Says It 'Has Done Nothing Wrong.' Asks Miami Court to Dismiss the Case
"there is no scheme, no contract, no combination, nor a conspiracy," said one defendant of the antitrust litigation.Uber's 'Superficial Safety Efforts' Called Out in Derivative Suit
The lawsuit alleges that if Uber's board members and executives had made a point to implement safety measures like screening drivers more carefully, the company might not now be facing liability in the hundreds of cases in which riders, primarily women, say they were sexually assaulted.View more book results for the query "Robbins Geller Rudman amp Dowd LLP"
These South Florida Yacht Brokers May Need Representation as Antitrust Class Surfaces
"Because this is such a big case, ... we expect other suits to follow," said Ricardo Martinez-Cid, of Miami's Podhurst Oreck.9th Circuit Rejects Securities Allegations Against Biotech Company's COVID-19 'Cure' Claim
"It seems likely that the bump in the price of Sorrento's stock in the week of May 15 provided it with more revenue from its agreement with Anarki to purchase stock, but Zenoff does not allege any particular improper or inflated sales. Indeed, as defendants note, Zenoff identifies no individual stock sales at all," Judge Consuelo Callahan wrote on behalf of the court.