Shout-Out: A Happy Ending for Kasowitz and Its Bollywood Client
A team of litigators from Kasowitz Benson Torres led by partner Michael Bowe scored a decisive win on behalf of a major Bollywood production company, winning dismissal of a consolidated securities class action.
September 27, 2017 at 01:38 AM
18 minute read
If this case was an old Bollywood movie, the lawyers would be leaping from their chairs about now to yell “Objection, milord,” and the judge might dramatically break the nib of her pen as she rendered her decision to a packed courtroom.
No such luck. But a team of litigators from Kasowitz Benson Torres led by partner Michael Bowe scored a decisive win on behalf of a major Bollywood production company. On Friday, U.S. District Judge Alison Nathan in Manhattan dismissed with prejudice a consolidated securities class action against Eros International.
Eros, which has a library of more than 3,000 films (recent hits include “Tanu Weds Manu Returns,” “Welcome Back” and “Dil Dhadakne Do”), was sued by investors who claimed the company deceived them about its movie streaming service, Eros Now.
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