NEXT
Sign in to follow
Search Results

0 results for ''Barroway Topaz Kessler''

You can use to get even better search results
April 06, 2009 |

Attorneys Drop Fees in Shareholder Case Alleging Backdating

The plaintiffs' lawyers in a shareholder derivative suit involving allegations of stock-options backdating against Cirrus Logic Inc. have agreed, in a revised deal filed last month, to drop all attorneys' fees, which the judge in the case had described as "almost entirely unmerited."
3 minute read
March 22, 2010 |

Former Atmel General Counsel Tries to Derail Backdating Settlement

The Atmel GC who was fired in a travel funds scandal and later blamed for stock option backdating problems wants to blow up the company's backdating settlement. Mike Ross claims a conflict involving Morrison & Foerster, Atmel's law firm, "taints" the $9.65 million settlement that is headed for final approval in federal court. The derivative suit was filed against 25 Atmel executives, including Ross, on behalf of the company. While 24 of the defendants reached a deal last year, the ex-GC and the company haven't come to terms.
3 minute read
November 22, 2010 |

Justice Watch: BankAtlantic verdict to buoy suits against big banks

Since enactment of the Private Securities Litigation Reform Act, attorneys in the field say only about 12 cases have gone to trial in 15 years. But some legal observers say last week's verdict in a securities fraud class action against BankAtlantic Bancorp may nudge that door open a little bit as plaintiff attorneys look to capitalize on the nation's appetite for holding financial institutions accountable for the recession. "It is certainly going to be a blueprint for plaintiffs attorney to look at," said former Securities and Exchange Commission attorney Richard Serafini, who is now of counsel for Ruden McClosky in Fort Lauderdale.
5 minute read
December 17, 2007 |

Oracle Bid Adds Wrinkle to BEA Suit

A derivative suit over BEA Systems' backdating problems throws in the company's rejection of Oracle's $6.7 billion takeover bid to argue that directors screwed up.
3 minute read
October 05, 2010 |

J&J Investors' Class-Action Suit Filed In Wake of Company's 'Phantom Recall'

A Johnson & Johnson investor has lodged a putative class action against the pharmaceutical giant, alleging it defrauded stockholders by attempting to cover up shoddy manufacturing and business practices - including a covert recall of substandard products.
5 minute read
April 02, 2009 |

Oregon AG asks that state employee pension fund be named co-lead plaintiff in UBS securities fraud class action

Oregon Attorney General John Kroger has asked that the state's employee pension fund be named co-lead plaintiff in the current securities fraud class actions against Swiss banking giant, UBS A.G., expanding competing plaintiffs' efforts.
3 minute read
August 04, 2008 |

Retirement plan suits gain in federal appellate courts

A recent 1st U.S. Circuit Court of Appeals decision allows former employees who have redeemed retirement accounts to sue the retirement plan administrators for alleged fiduciary breaches that diminished their account payout. The decision also opens the door for more Employee Retirement Income Security Act cases and echoes recent decisions from three other circuits.
3 minute read
October 29, 2009 |

3rd Circuit Revives Class Action Suit Against Countrywide

In a huge setback for Countrywide Financial Corp., a federal appeals court has revived a national class action brought by homebuyers who accused the lender of concocting a kickback scheme in which buyers were required to purchase mortgage insurance from one of a handful of companies that in turn took out reinsurance policies from one of Countrywide's wholly owned subsidiaries.
4 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Blueprint for Successful Second Request Document Review

    Brought to you by Integreon

    Download Now

  • Employee Happiness Playbook: The 3 R's for Business Success in 2024

    Brought to you by Amazing Workplace, Inc.

    Download Now

  • The Positive Impact of AI at Small Law Firms: 4 Key Insights

    Brought to you by LexisNexis®

    Download Now

  • Will Generative AIs Transform Legal Services? Defensibility and Security Must Be a Focus

    Brought to you by HaystackID

    Download Now