Joanna Cline

November 26, 2024 | The Legal Intelligencer

The earliest AI-related securities class action lawsuit was filed on March 24, 2020. Since then, there has been a total of 38 AI-related filings. Five lawsuits were filed in 2020, eight in 2021, six in 2022, six in 2023, and 13 so far in 2024.

By Jay Dubow and Joanna Cline and Milica “Millie” Krnjaja

10 minute read

August 27, 2024 | The Legal Intelligencer

This June, the U.S. Supreme Court granted certiorari in two cases that will answer this question, NVIDIA v. E. Ohman J:or Fonder AB and Facebook v. Amalgamated Bank. These cases present the court with an opportunity to resolve significant circuit splits on pleading requirements under the Private Securities Litigation Reform Act of 1995 (PSLRA), a statute enacted to deter frivolous securities lawsuits and abusive litigation practices.

By Jay A. Dubow, Joanna Cline and Sierra C. Stockley

6 minute read

May 28, 2024 | The Legal Intelligencer

Judge Frank Easterbrook, disenchanted with the current "federal practice" of plaintiffs attorneys extorting fees in disclosure cases without conferring a meaningful benefit on stockholders, penned the opinion for a two-judge panel rejecting such fee agreements and empowering shareholders and federal courts alike to scrutinize these fees going forward.

By Jay A. Dubow, Joanna Cline and Connor B. DeFilippis

6 minute read

February 26, 2024 | The Legal Intelligencer

We expect the SEC's enforcement efforts in this area to continue at a high pace in 2024, even though whether or not cryptocurrency should be classified as a security or something else remains uncertain.

By Jay Dubow, Joanna Cline and Milica Krnjaja

6 minute read