By Riley Brennan | March 28, 2024
"It seems likely that the bump in the price of Sorrento's stock in the week of May 15 provided it with more revenue from its agreement with Anarki to purchase stock, but Zenoff does not allege any particular improper or inflated sales. Indeed, as defendants note, Zenoff identifies no individual stock sales at all," Judge Consuelo Callahan wrote on behalf of the court.
By Maria Dinzeo | March 28, 2024
Chief Legal Affairs Officer Kevin Rhodes "drove actions to reduce risk and uncertainty through reduced exposure to litigation and regulatory risk," 3M's compensation committee says in the company's newly filed proxy statement.
By Lisa Willis | March 28, 2024
"If you talk to Bank of America about why they did it, you can't really get a consistent explanation for that," class attorney Neil R. Anapol said.
By Ross Todd | March 28, 2024
"We love trying to get to the end of what seems like an intractable problem and the MDL is the perfect mechanism for that problem-solving talent to come out in members of the federal bench," said U.S. District Judge Karen Caldwell, chair of the Judicial Panel on Multidistrict Litigation.
By Riley Brennan | March 26, 2024
"Given that all class members encountered the same misrepresentation about Potential Reach—the nucleus of the fraud—the slight variations in the other information available on the Ads Manager did not defeat the commonality of the misrepresentation," Judge Sidney R. Thomas said.
By Chris O'Malley | March 26, 2024
Tracking television legal ads that solicit plaintiffs for mass torts can give general counsel early warning of new trends and gauge the plaintiffs' bar's appetite in product litigation categories.
By Charles Toutant | March 25, 2024
Like the Department of Justice suit, the consumer class actions claim Apple engages in exclusionary conduct to shut competitors out of the markets for revenue from areas such as its App Store, Apple Pay and music streaming.
By Charles Toutant | March 25, 2024
Like the U.S. Justice Department suit, the consumer class actions claim Apple engages in exclusionary conduct to shut competitors out of the markets for revenue from areas such as its App Store, Apple Pay and music streaming.
By Paul Hodkinson | March 24, 2024
Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, writes the Global Lawyer.
By Riley Brennan | March 22, 2024
This complaint was first surfaced by Law.com Radar.
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