And the LOTW Runners Up...
Honorable mention goes to lawyers from Kirkland & Ellis and Quinn Emanuel.
November 01, 2019 at 01:41 PM
2 minute read
Our runners up for Litigator of the Week include Sandra Goldstein and Stefan Atkinson of Kirkland & Ellis, who succeeded in getting the Connecticut Superior Court to dismiss a federal securities case against client Pitney Bowes and its directors.
The case is notable because it was filed a few months after the U.S. Supreme Court's decision in Cyan v. Beaver County Employees Retirement Fund, which made clear that plaintiffs can bring lawsuits in state court under the Securities Act of 1933—a federal securities statute. But it hasn't been clear how state courts would handle such claims. Here, the court adopted Kirkland's argument that the securities laws didn't obligate Pitney Bowes to disclose supposed challenges when it issued $700 million in debt in 2017.
We also salute Quinn Emanuel Urquhart & Sullivan's Robert Stone and Michael Powell, who on behalf of client ASM International brought to a close a far-flung, two-year patent fight, raking in a total of $176 million.
Their fight on behalf of the Dutch maker of semiconductor equipment ended when they brokered a $61 million settlement with Kokusai Electric in an ICDR arbitration—the last round in a multi-armed brawl over 22 different patents for tools used to manufacture microchips.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllHelping Lawyers Move Away from ‘Grinding’ and Toward a ‘Flow’
Why Litigation Demand Might Break Firms’ Boom-and-Bust Cycle
Trending Stories
- 1Appellate Div. Follows Fed Reasoning on Recusal for Legislator-Turned-Judge
- 2SEC Obtained Record $8.2 Billion in Financial Remedies for Fiscal Year 2024, Commission Says
- 3Judiciary Law §487 in 2024
- 4Polsinelli's Revenue and Profits Surge Amid Partner De-Equitizations, Retirements
- 5Environmental Fines: Texas Secures Over $100M From Petrochemical Processor TPC Group
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250