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David Bario

David Bario

David Bario, based in New York, is a senior editor covering the business of law for ALM's global newsroom.

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May 20, 2013 | The American Lawyer

Heavyweights Line Up to Block Morrison End-Run in UBS Appeal

Companies have wielded the Supreme Court's decision in Morrison v. NAB to strike down securities claims in case after case. So it's no surprise that the defense bar--including the lawyer who won Morrison back in 2010--came out in force Friday to back UBS AG in an appeal that could undermine Morrison's force.

By David Bario

3 minute read

March 30, 2013 | The American Lawyer

Banks Topple Antitrust Claims in Private LIBOR Suits

Private antitrust litigation related to LIBOR isn't over--not by a long shot. But on Friday 16 banks accused of manipulating the benchmark global interest rate dispelled any notion that they'd be easy targets for the plaintiffs bar.

By David Bario

3 minute read

June 26, 2012 | The American Lawyer

Supreme Court's GSK Ruling Sinks Another Sanford Wittels Class Action, but $99 Million Novartis Deal is Safe

Plaintiffs lawyers at Sanford Wittels cemented a $99 million wage-and-hour settlement for Novartis sales representatives on May 31--less than three weeks before the Supreme Court ruled that pharma sales reps aren't entitled to overtime pay. But the high court's decision came out in time to knock out a separate $70 million class action that Sanford Wittels brought against Novo Nordisk.

By David Bario

3 minute read

March 09, 2012 | New York Law Journal

Plaintiffs Ordered to Name Witnesses in AIG Class Action

Southern District Magistrate Judge Debra Freeman has ordered plaintiffs in the sprawling consolidated securities fraud litigation against American International Group and dozens of individual and underwriter defendants to hand over the names of three confidential witnesses.

By David Bario

2 minute read

October 18, 2011 | The Legal Intelligencer

Anadarko Agrees to Pay BP $4 Bil. to Settle Oil Spill Claims

In less than four months, BP and a host of other defendants, plaintiffs and assorted hangers-on are set to descend on New Orleans federal district court for a marathon trial to determine liability in multidistrict litigation over the Deepwater Horizon oil spill.

By David Bario

3 minute read