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May 20, 2021 | Litigation Daily

When It Comes To Recovering on Securities Class Actions, More Money Means More Complexity

Please forgive us as we paraphrase the late, great economic philosopher The Notorious B.I.G.
8 minute read
August 04, 2020 | Law.com

Compliance Hot Spots: How DOJ Is 'Pushing Forward' Amid the Pandemic | Major SEC Pharma Settlement | DOJ Loses False-Claims Appeal | Notable Moves

Welcome to Compliance Hot Spots, our weekly snapshot of white-collar enforcement, regulatory and compliance, and big trends. Thanks for reading, and your feedback is appreciated!
9 minute read
January 29, 2020 | The Recorder

New Prop 65 Lawsuit Filed Against J&J, Others Over Talc's Safety

The lawsuit, filed by Simmons Hanly Conroy, comes six months after the Lanier Law Firm voluntarily dismissed a similar Prop 65 suit against Johnson & Johnson and names more than a dozen defendants, including CVS and Bausch Health.
4 minute read
January 21, 2020 | Litigation Daily

Report: Investors Targeted Lawsuits at Cannabis Companies in 2019

According to NERA Economic Consulting's annual report, released on Tuesday, six lawsuits alleged securities fraud against cannabis companies. There was only one in 2018.
3 minute read
January 21, 2020 | Law.com

Investors Targeted Lawsuits at Cannabis Companies in 2019, Report Finds

According to NERA Economic Consulting's annual report, released on Tuesday, six lawsuits alleged securities fraud against cannabis companies. There was only one in 2018.
3 minute read
December 17, 2019 | Law.com

Robbins Geller and Simpson Thacher Hammer Out $1.2B Valeant Settlement

Plaintiffs alleged the company now known as Bausch Health had "formed a secret network of so-called specialty pharmacies to artificially inflate the sale of Valeant drugs using a variety of fraudulent practices."
3 minute read
December 17, 2019 | Litigation Daily

Daily Dicta: Robbins Geller; Simpson Thacher Hammer Out $1.2B Valeant Settlement

"Resolving this action enables Bausch Health to close the door on one of the more meaningful and unpredictable liabilities associated with the legacy Valeant era," said the company's CEO.
3 minute read
Edwards v. Sequoia Fund Inc.
Publication Date: 2019-09-13
Practice Area: Securities Litigation
Industry: Investments and Investment Advisory
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Denny Chin
Attorneys:
For plaintiff: For Plaintiffs-Appellants: Alan M. Pollack, on the brief, Felicia S. Ennis, Robinson Brog Leinwand Greene Genovese & Gluck, P.C., New York, New York, and Raymond Farrow and Mark A. Griffin, Keller Rohrback L.L.P., Seattle, Washington, on the brief.
For defendant: For Defendant-Appellee: Amy D. Roy and Lee S. Gayer, on the brief, Robert A. Skinner, Ropes & Gray LLP, Boston, Massachusetts, and New York, New York.
Case number: 18-3467-cv

SEC's 1998 Guidance Allows Fund's 'Passive Increase' Concentration of Assets in Industry

September 09, 2019 | New York Law Journal

Second Circuit Affirms Dismissal in Class Action Targeting 'Passive' Concentration of Investments

A three-judge panel of the Second Circuit held that Sequoia's investment policy allowed for "passive" changes in value that propelled the fund's position in the health care industry to exceed the threshold following its initial investment.
3 minute read
February 28, 2019 | Corporate Counsel

Tesla, CBS and United See New General Counsel: February 2019 In-House Moves

A roundup of major in-house moves occurring in February.
11 minute read

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