September 29, 2014 | Litigation Daily
Wachtell Fends Off Class Action Sparked by Avon Bribes FlapAllegations that Avon bribed its way into the Chinese market sparked a massive internal probe and a criminal settlement. But a judge sent a proposed securities class action over the scandal back to the drawing board on Monday, dealing a defeat to plaintiffs lawyers at Motley Rice.
By Jan Wolfe
3 minute read
September 29, 2014 | Litigation Daily
Lawyers Shoot for the Moon With Fee Bid in LBO CaseScott & Scott, Robins Kaplan and Robbins Geller didn't end up getting the billions in damages they were seeking in a class action alleging that private equity firms fixed the prices of leveraged buyouts. But you wouldn't know it from the bold attorneys fee request they made on Friday.
By Jan Wolfe
3 minute read
September 29, 2014 | The American Lawyer
Big SuitsU.S. ex rel. O'Donnell v. Countrywide; In re AIG 2008 Securities Litigation; ViaSat v. Space Systems/Loral; Gilead v. La Roche; O'Bannon v. NCAA
By Jan Wolfe
6 minute read
September 28, 2014 | Litigation Daily
Judge Nixes Hedge Fund's Bid to Block $3.7B Bank MergerThe ruling offers an answer to an unsettled question for securities fraud litigants, and it removes one roadblock to the proposed $3.7 billion merger between CorpBanca, one of Chile's largest banks, and Brazil's Itaú Unibanco.
By Jan Wolfe
3 minute read
September 27, 2014 | Litigation Daily
Fairfield Liquidator Wins New Chance to Void Madoff DealAs with any financial upheaval, the collapse of Bernard L. Madoff Investment Securities brought opportunities for fees and profit. And as with Madoff's fraud, some suffered plain old bad luck.
By Jan Wolfe
4 minute read
September 25, 2014 | Litigation Daily
Wylys Must Pay at Least $300 Million, Judge RulesIn one of the stiffest penalties ever imposed on individual defendants in a securities fraud case, U.S. District Judge Shira Scheindlin ordered billionaire Sam Wyly and the estate of his brother Charles Wyly to hand over between $300 million and $400 million to the SEC.
By Jan Wolfe
3 minute read
September 25, 2014 | Litigation Daily
Boston Scientific Socked With $309 Million VerdictSiding with lawyers at Williams & Connolly, a state court jury in Maryland awarded patent licensing company Mirowski Family Ventures $309.3 million after a two-week trial.
By Jan Wolfe
3 minute read
September 24, 2014 | Litigation Daily
Illinois High Court Takes Up $10 Billion Philip Morris CaseThe Illinois Supreme Court is ready to take another look at a $10 billion tobacco verdict against Philip Morris that it threw out a decade ago, only to have a lower court reinstate the verdict this April based on evidence that came out after trial.
By Jan Wolfe
3 minute read
September 24, 2014 | Litigation Daily
Weil Helps Game-Makers Defeat Animation Patent ClaimsInvoking classic Bob Dylan and fresh U.S. Supreme Court precedent on patent-eligibility, a federal judge on Wednesday halted a small company's litigation campaign against the video game industry.
By Jan Wolfe
4 minute read
September 24, 2014 | Litigation Daily
Persistence Pays Off for Boies Schiller in Barclays-Lehman BrawlBarring an unlikely U.S. Supreme Court reversal, lawyers at Boies, Schiller & Flexner can finally add the roller-coaster bankruptcy litigation over Barclays' fire sale acquisition of Lehman Brothers' brokerage unit to the firm's win column.
By Jan Wolfe
3 minute read
Trending Stories