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May 17, 2023 | Law.com

Walgreens to Pay $230M to Settle San Francisco Opioid Case

The settlement, announced by City Attorney David Chiu on Wednesday, comes months after a federal judge found in a bench verdict that Walgreens helped fuel the opioid crisis in San Francisco.
5 minute read
May 16, 2023 | The Recorder

Oracle's $9B NetSuite Acquisition Process Affirmed in Chancery

Vice Chancellor Glasscock determined that while Larry Ellison's position as a shareholder for both companies made him a conflicted director, he and Oracle CEO Safra Catz, both represented by Latham & Watkins and Young Conaway Stargatt & Taylor, didn't interfere with the committee that evaluated the deal.
2 minute read
May 16, 2023 | Delaware Business Court Insider

Oracle's $9 Billion NetSuite Acquisition Process Affirmed in Chancery

Vice Chancellor Glasscock determined that while Larry Ellison's position as a shareholder for both companies made him a conflicted director, he and Oracle CEO Safra Catz, both represented by Latham & Watkins and Young Conaway Stargatt & Taylor, didn't interfere with the committee that evaluated the deal.
2 minute read
May 16, 2023 | New Jersey Law Journal

Appellate Division Upholds Forum Selection Provision in IPO

"According to plaintiffs, a favorable change in law did not negate defendants' waiver of the federal forum selection provision. We disagree," the appeals court wrote.
5 minute read
May 11, 2023 | National Law Journal

The National Law Journal Announces 2023 Elite Trial Lawyers Awards Finalists

ALM is pleased to announce the finalists in 25 award categories. The National Law Journal Elite Trial Lawyers winners will be named at an award ceremony to be held in New York.
5 minute read
April 26, 2023 | Delaware Business Court Insider

Case Over Failure to Blunt Russian Malware Attack Fits Within 'Caremark' Standard, Lawyers Say

Attorneys told the Delaware Supreme Court to revive a complaint that alleges SolarWinds failed to conduct proper oversight that could have maintained the company's cybersecurity.
3 minute read
April 17, 2023 | Pro Mid Market

Who Got the Work: Dickie McCamey Attorneys Tapped in Securities Class Action Stemming From Ohio Derailment

R. Leland Evans and Scott A. Fenton of Dickie, McCamey & Chilcote have entered appearances for Norfolk Southern and its top officers in a pending securities class action.
3 minute read
April 04, 2023 | The Legal Intelligencer

Denying Equitable Estoppel Argument, Federal Judge Refuses to Kick Rite Aid Fraud Class Action to Arbitration

Scavello originally brought a putative class action for fraud and related claims, alleging that the corporation made false representations when submitting insurance claims for prescription drugs.
7 minute read
April 04, 2023 | New York Law Journal

Chinese Companies Listed in US Continue To Be Favorite Target for Securities Litigation

A recent report shows Chinese after-school tutoring companies listed in the U.S. have especially been under heightened scrutiny both by U.S. plaintiffs firms as well as the Chinese government.
3 minute read
April 04, 2023 | National Law Journal

Chinese Companies Listed in US Continue to be Favorite Target for Securities Litigation

A recent report shows Chinese after-school tutoring companies listed in the U.S. have especially been under heightened scrutiny both by U.S. plaintiffs firms as well as the Chinese government.
3 minute read

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