Ross Todd is the Editor/columnist for the Am Law Litigation Daily. He writes about litigation of all sorts. Previously, Ross was the Bureau Chief of The Recorder, ALM's California affiliate. Contact Ross at [email protected]. On Twitter: @Ross_Todd.
April 16, 2013 | The American Lawyer
No-Fault Settlement with SAC Capital Conditioned on Outcome of Citi CaseA Manhattan federal judge on Tuesday conditionally approved a $602 million insider trading settlement that SAC Capital Advisors reached with the SEC last month. But he also became the latest judge to question the SEC's practice of allowing defendants to settle enforcement actions without admitting or denying the allegations.
By Ross Todd
3 minute read
July 10, 2012 | Law.com
KPMG, E&Y Fend Off Madoff Feeder Fund Investors at Second CircuitBy Ross Todd
1 minute read
July 03, 2012 | The American Lawyer
Battle over Texas Petrobras Venture Ends with $820.5 Million Payment for K&L Gates ClientOn Friday, after four years of litigation and arbitration, Brazil's state-owned Petrobras Brasiliero S.A and Netherlands-based Astra Oil Trading NV called off their respective legal teams at Thompson & Knight and K&L Gates.
By Ross Todd
3 minute read
November 09, 2012 | Daily Business Review
$80M settlement with Madoff investors clears way for litigation against auditing firmInvestors who lost a bundle in Fairfield Greenwich Group funds that funneled money into Bernard Madoff's Ponzi scheme reached a deal with the fund's founders that could be worth much as $80.3 million.
By Ross Todd
3 minute read
July 13, 2012 | The Recorder
Long-Running LCD Panel Antitrust Litigation Winds Down, with $1.1B in SightBy Ross Todd
3 minute read
February 18, 2011 | New York Law Journal
NY Firm's Profits Per Partner Up More Than 30%By Ross Todd
3 minute read
January 14, 2013 | Daily Report Online
DES deal ends hope of breakthrough verdictFor decades, a small group of plaintiffs lawyers have been pressing claims against companies that made and sold a synthetic estrogen known as diethylstilbestrol, or DES, which was prescribed to millions of pregnant women to ward off premature births and miscarriages from 1948 to 1971.
By Ross Todd
3 minute read
December 05, 2012 | The American Lawyer
Citing Anna Nicole Smith Case, Ninth Circuit Tightens Reins on Bankruptcy JudgesShould federal bankruptcy judges be able to enter final judgment on fraudulent conveyance claims against parties without a claim in the case before them? The answer is no, according to the Ninth Circuit in a closely-watched case decided Tuesday.
By Ross Todd
3 minute read
August 27, 2013 | New York Law Journal
Judge Dismisses Complaint as Bordering 'on the Absurd'"In this circumstance, it is hard to fathom precisely what more information defendants could have disclosed to render their statements not misleading," Southern District Judge Naomi Reice Buchwald wrote in dismissing the action accusing automotive supplier Magna of downplaying problems at the company's facilities.
By Ross Todd
2 minute read
April 12, 2013 | The American Lawyer
Irell Wins $12 Million Punitive Award for Sale of Suspect WineThe firm represented billionaire William Koch in his claim against a consignor who sold him 24 bottles of allegedly vintage Bordeaux. A federal jury in Manhattan handed down the punitives award on Friday, a day after giving Koch $379,000 in compensatory damages.
By Ross Todd
3 minute read