A Manhattan appeals court has rejected a billionaire investor’s bid to obtain the work product of three plaintiffs firms, led by Milberg Weiss, which he claims settled a class action against software maker CA Inc., for too little.
Sam Wyly, a major CA shareholder, had sought internal documents from Milberg Weiss; Stull, Stull & Brody; and Schiffrin Barroway Topaz & Kessler to support his claims that the 2003 settlement they negotiated, valued at $134 million, failed to adequately account for fraud at CA, which ultimately landed top executives — including CEO Sanjay Kumar and general counsel Steven Woghin — in jail.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
