May 09, 2017 | New York Law Journal
Muslim Wins Reversal in Workplace Bias SuitAn Egyptian Muslim employee of Astoria Bank won a reversal and remand summary order from the U.S. Court of Appeals for the Second Circuit on Tuesday in a hostile work environment case.
By B. Colby Hamilton
6 minute read
May 09, 2017 | New York Law Journal
China North Securities Suit Remanded Again by CircuitThe U.S. Court of Appeals for the Second Circuit once again remanded an ongoing case back to the Southern District Court.
By B. Colby Hamilton
4 minute read
May 08, 2017 | New York Law Journal
Lead Plaintiff Emerges in Northern Oil and Gas Securities SuitThe lead plaintiff and counsel in an investor class suit against Northern Oil and Gas was selected Monday in a class securities case that grew from an SEC investigation that led to the ousting of the company's former CEO Michael Reger and a significant hit to its valuation.
By B. Colby Hamilton
7 minute read
May 05, 2017 | New York Law Journal
Vested Stock Compensation Considered Securities in Lehman Bankruptcy CaseDozens of employees left with worthless unvested stocks when Lehman Brothers went bankrupt in 2008 lost their federal appeal in the Second Circuit this week.
By B. Colby Hamilton
6 minute read
May 04, 2017 | New York Law Journal
Citing Counsel's Conduct, Nassau Judge Reverses MedMal VerdictNassau County Supreme Court Justice Jeffrey Brown ordered a new trial in 'Hilt vs. Carpentieri,' in large part over plaintiffs' counsel Steven Goldfarb's "inappropriate behavior in the presence of the jury" that "created an atmosphere that deprived the defendants of a fair trial."
By B. Colby Hamilton
6 minute read
May 03, 2017 | New York Law Journal
Ex-CFO of Trade Association Pleads Guilty to Wire Fraud, Tax ChargesThe Council for International Business, which counts multinational companies and major law firms as members, said Wednesday that it remains in a "strong financial position."
By B. Colby Hamilton
6 minute read
May 03, 2017 | New York Law Journal
Second Class Suit Filed Over Astoria Bank MergerTwo investor class actions demand disclosures related to the merger of Astoria Financial Group and Sterling Bancorp.
By B. Colby Hamilton
4 minute read
May 02, 2017 | New York Law Journal
Injunction Secured in SEC 'Hamilton' Ponzi Scheme CaseFederal regulators obtained a preliminary injunction and continued asset freeze in the case against two New York-based men involved in an alleged $97 million ticket resale Ponzi scheme.
By B. Colby Hamilton
3 minute read
April 28, 2017 | New York Law Journal
SunEdison Whistleblower Suit Moves to SDNYAnother suit tied to the bankruptcy of the former fast-growing renewable energy company SunEdison has found a home in the Southern District of New York.
By B. Colby Hamilton
3 minute read
April 27, 2017 | New York Law Journal
Dismissal of Madoff Claims Against JPMorgan UpheldJPMorgan Chase is off the hook after the Second Circuit issued a summary judgment this week agreeing that the investment giant couldn't be shown to have had control over Bernie Madoff's Ponzi scheme.
By B. Colby Hamilton
4 minute read
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