Publication Date: 2020-11-25
Practice Area: Securities Litigation
Industry: Investments and Investment Advisory | Retail
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys: For plaintiff: P. Bradford deLeeuw, Deleeuw Law LLC, Wilmington, DE; Sharan Nirmul, Jonathan F. Neumann, Raphael Janove, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Stacey M. Kaplan, Kessler Topaz Meltzer & Check, LLP, San Francisco, CA for plaintiff.
for defendant: Samuel A. Nolen, Katharine L. Mowery, Richards Layton & Finger, P.A., Wilmington, DE; Douglas P. Baumstein, Claudine Columbres, Susan L. Grace, Camille M. Shepherd, Sequoia Kaul, White & Case LLP, New York, NY for defendant.
Case Number: D69200
Certification of class counsel in securities action granted where establishment of all but one of the Cammer and Krogman factors supported a presumption of market efficiency in defendant company's publicly-traded stock.