January 26, 2012 | New York Law Journal
Novartis Settles Wage-Hour Class Action for $99 MillionThe plaintiffs, current and former sales representatives at the drug company, claimed Novartis refused to pay overtime. The deal sets aside up to 30 percent of the settlement fund for the plaintiffs' attorneys at Sanford Wittels & Heisler.
By David Bario
2 minute read
April 12, 2012 | The American Lawyer
No Surprises, But a Glimmer of Hope for Plaintiffs in SEC Report on Morrison v. NABThe SEC's congressionally-mandated report on private securities litigation involving foreign transactions drove one commissioner to accuse the agency of failing to protect investors. But securities class action plaintiffs lawyers aren't complaining.
By David Bario
4 minute read
January 07, 2013 | The American Lawyer
Wachtell, Dechert Lead BofA and Fannie Mae to $11.6 Billion Mortgage DealAccording to Bank of America, the settlement marks the end of "substantially all" of the bank's exposure to loan buyback claims by Fannie Mae stemming from the subprime mortgage debacle. And since Fannie Mae repurchase demands account for about 44 percent of all MBS investor buyback claims against BofA, the deal goes a long way--but far from all the way--toward resolving the bank's Countrywide hangover.
By David Bario
4 minute read
May 02, 2012 | Law.com
Eleventh Circuit Rules Context Is King, Revives SEC Suit Against Morgan KeeganBy David Bario
1 minute read
October 21, 2010 | New York Law Journal
Fired BigLaw Associate Pleads Guilty to $500,000 FraudBy David Bario
2 minute read
March 28, 2013 | New York Law Journal
Magistrate Judge Says Facebook Contract Is FakeThree years after New York businessman Paul Ceglia first alleged that a contract with Mark Zuckerberg entitled him to a 50 percent ownership stake in Facebook, a federal magistrate judge has agreed with the defense that the case is a fraud. In a 155-page March 26 decision,
By David Bario
2 minute read
July 18, 2012 | The American Lawyer
What Prompted Goldman Sachs to Settle MissPERS MBS Class Action?We'll learn the size of the proposed agreement later this month, when class counsel at Bernstein Litowitz and Goldman's lawyers at Sullivan & Cromwell file settlement papers with U.S. District Judge Harold Baer Jr. In the meantime, we looked for some clues to understand the timing of the deal.
By David Bario
3 minute read
October 13, 2011 | The Recorder
Judge Sides with Orrick in Nvidia Securities Class ActionBy David Bario
3 minute read
February 07, 2012 | The American Lawyer
The Am Law 100, the Early Numbers: Paul, Weiss Reaches Firm Highs in Revenue, ProfitsBy David Bario
3 minute read
May 14, 2013 | The American Lawyer
S&C's Klapper Scores for Goldman in ABACUS CDO SuitA divided appeals court in New York tossed claims that Goldman Sachs duped ACA Financial Guaranty into providing insurance for Goldman's notorious ABACUS 2007-ACI CDO, ruling that ACA could have ferreted out the facts about ABACUS on its own.
By David Bario
3 minute read
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