May 23, 2014 | Litigation Daily
Court Allows Whistleblowers to Pursue Claims Against BAEIn a setback to BAE Systems Inc. and its lawyers at Foley & Lardner, an appeals court will allow claims to proceed against the military contractor for allegedly retaliating against two purported whistleblowers in violation of the False Claims Act.
By Jan Wolfe
2 minute read
May 23, 2014 | Litigation Daily
Judge Tosses Expert Testimony Against PfizerThe ruling could upend a huge securities fraud case against Pfizer over its marketing of the painkillers Celebrex and Bextra. Pfizer is represented by Paul Weiss, Simpson Thacher and DLA Piper.
By Jan Wolfe
3 minute read
May 22, 2014 | Litigation Daily
Judge Dismisses Investor Suit Against CitigroupA Citigroup Inc. shareholder has hit a dead end in a lawsuit alleging that the bank didn't properly investigate its bets on collateralized debt obligations, marking a win for attorneys at Cravath, Paul Weiss and Wachtell.
By Jan Wolfe
2 minute read
May 22, 2014 | Litigation Daily
Litigators of the Week: Stephanos Bibas and Glen KulikKulik of Kulik Gottesman & Siegel and U. Penn law professor Bibas scored a rare win against a movie studio this week after the U.S. Supreme Court revived a copyright infringement suit over the 1980 film "Raging Bull."
By Jan Wolfe
4 minute read
May 21, 2014 | Litigation Daily
Judge Nixes Most of Investor Class Action over BP SpillSullivan & Cromwell continued to chip away at BP's potential liability to investors this week, scuttling the larger of two proposed classes in securities litigation related to the Gulf Coast oil spill.
By Jan Wolfe
3 minute read
May 21, 2014 | Litigation Daily
Akin Gump Says Client Duped Firm, Court in $25M Contract FightA courtroom victory is turning into a nightmare for Akin Gump Strauss Hauer & Feld after the firm discovered that a client's case was premised on deceit.
By Jan Wolfe
5 minute read
May 20, 2014 | Litigation Daily
Williams & Connolly Knocks Out Carlyle Investor Class ActionThe Carlyle Group LLP and its lawyers at Williams & Connolly killed off claims that the company misled investors about the riskiness of residential mortgage-backed securities.
By Jan Wolfe
2 minute read
May 20, 2014 | Litigation Daily
Litigation Funder Gerchen Keller Launches Patent Fees VentureGerchen Keller's new Athena FSP affiliate offers a solution for patent plaintiffs worried about having to pay their adversaries' legal fees.
By Jan Wolfe
3 minute read
May 18, 2014 | Litigation Daily
After Sentencing, SAC's Steinberg Looks to Second CircuitThree-and-a-half years in federal prison isn't exactly a slap on the wrist. Still, with prosecutors gunning to put convicted insider trader Michael Steinberg behind bars for nearly twice that long, Steinberg's sentencing on Friday could have gone much worse.
By Jan Wolfe
3 minute read
May 15, 2014 | Litigation Daily
Baker Botts Wins Escape, Not Absolution in Malpractice TrialFormer Baker Botts client Axcess International persuaded a Dallas jury that the firm's negligence warranted $40.5 million in damages. But jurors also determined that the clock had run out on Axcess' claims.
By Jan Wolfe
2 minute read
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