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The Plaintiffs' Hot List: The Year's Hottest Firms
Check out this year's top 11 plaintiffs firms and their noteworthy cases.Revlon Standard Does Not Apply in Transactions That Don't Mark Full Change of Control
The Delaware Court of Chancery has dismissed a lawsuit filed by shareholders in medical device manufacturer Synthes Inc., who alleged that the company's chairman and controlling stockholder undervalued the company when it was sold to Johnson & Johnson for $21.3 billion.
Countrywide former executives settle SEC charges as trial nears
Angelo Mozilo, the former chief executive officer and chairman of Countrywide Financial Corp., once the nation's largest mortgage lender, has agreed to pay $67.5 million to settle claims by the U.S. Securities and Exchange Commission that he misled shareholders about the risks associated with his company's loans.Settlements Totaling $688 Million Approved in Merck Vytorin Suits
A federal judge in Newark gives final approval to a $688 million settlement of litigation over the cholesterol drug Vytorin.
Goldman Slammed by Judge Crotty; Shareholder Case To Move Forward
Publication Date: 2012-06-22 Practice Area: Industry: Court: Judge: Case number:
In a ruling that's nearly sizzling with anger, Manhattan U.S. District Judge Paul Crotty accused Goldman and its lawyers at Sullivan & Cromwell of making an "Orwellian" argument when they claimed that the bank's statements about its honesty and integrity were "mere puffery." Wrote the judge: "Words such as 'honesty,' 'integrity,' and 'fair dealing' apparently do not mean what they say; they do not set standards; they are mere shibboleths. If Goldman's claim of 'honesty' and 'integrity' are simply puffery, the world of finance may be in more trouble than we recognize."
Judge's Unusual Order Revives Law Firm Diversity Issue
A stir recently erupted in the securities class action bar after a federal judge ordered two law firms to "make every effort" to put one woman and one minority lawyer on the case.
Say What? Pay What? Real World Approaches to Executive Compensation Reform
Corporate counsel have to understand all of these real world approaches to executive compensation reform.
Hagens Berman Attacks 'Copycat' Apple Antitrust Suits
Hagens Berman has moved to intervene in five "copycat" lawsuits in New York federal court. Jason Zweig, of counsel in the firm's New York office, argues their core allegations were identical to those brought by his firm. All six cases allege Apple, which launched the iPad and iBookstore, and publishers colluded to fix the prices of electronic books.Trending Stories
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