U.S. District Judge Robert N. Scola, Jr.(L) and Matthew Schwartz(R) of Boies Schiller Flexner. ALM/Courtesy photo. Boies Schiller Client Beats FTC Charges Amid $100M Trial in South Florida
"A lot of people and a lot of companies, when a government agency pursues them, default to trying to resolve those claims. But if the FTC is going to overreach and is going to pursue groundless claims, you can fight and win," said Matthew Schwartz, a shareholder at Boies Schiller Flexner.
November 12, 2021 at 02:11 PM
4 minute read
Despite a decision in April in which the U.S. Supreme Court ruled that the Federal Trade Commission is not authorized to seek equitable monetary remedies, a New York lawyer said the government agency in charge of the enforcement of antitrust and consumer protection law creatively defied that order in South Florida federal district court.
Matthew Schwartz, a shareholder at Boies Schiller Flexner, was among the lawyers that successfully represented Robert Zangrillo, principal of venture capital firm Dragon Global. The FTC alleged that a company on which his client served as a board member and invested in, On Point Global LLC, duped consumers out of more than $100 million.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
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