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April 01, 2008 | The American Lawyer

Top of the Docket Crash Landing

3 minute read
In Re Worldcom, Inc. Securities Litigation
Publication Date: 2003-11-24
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U.S. District Court Southern District of New York Judge Cote On October 29, 2003, Bernstein Litowitz Berger & Grossmann LLP ("Lead Counsel"), wrote on behalf of it

January 05, 2007 | Corporate Counsel

Auto Paint Antitrust Suit Nets $105 Million

The final two defendants in a class action antitrust suit against the top manufacturers of automotive refinishing paint have agreed to pay $39 million to settle claims that they participated in a price-fixing conspiracy, bringing the total recovery in the case to more than $105 million. U.S. District Judge R. Barclay Surrick granted preliminary approval of the two settlements -- $16 million from Sherwin-Williams Co. and $23 million from PPG Industries -- clearing the way for notices to be sent to the class.
3 minute read
July 13, 2005 | The Legal Intelligencer

N.Y. Judge Approves Forfeiture of Assets In WorldCom Case

Southern District of New York Judge Denise Cote granted preliminary approval Monday to a civil settlement between former WorldCom CEO Bernard Ebbers, the U.S. Department of Justice and class action plaintiffs in which Ebbers will pay $5 million upfront and forfeit several business holdings and personal assets estimated to be valued between $25 to $40 million.
1 minute read
August 12, 2005 | New Jersey Law Journal

Walk-Off Home Run

A judge conditionally approved a settlement by which former WorldCom CEO Bernard Ebbers will turn over nearly all of his assets (valued at more than $40 million) to a liquidating trust fund. The money will principally benefit the 800,000 shareholders and bondholders who lost billions of dollars when the telecom giant collapsed in 2002.
6 minute read
August 02, 2013 | New York Law Journal

Q&A: Regina Calcaterra

In her legal career, Regina Calcaterra has probed utilities on their response to Sandy, recouped investments for defrauded pension funds and is now the executive director of a Moreland Act commission charged with rooting out public corruption. But in a memoir to be released Aug. 6, Calcaterra is turning her powers of examination on herself.
13 minute read
August 28, 2002 | Law.com

Deals & Suits

8 minute read
Plaintiffs' Secrets Revealed! Proposals from Florida Pension Fund Beauty Contest Are Treasure Trove of Client and Fee Info
Publication Date: 2010-01-12
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We wish all beauty contests would be run this way. Florida has just released plaintiffs firms' responses to its request for proposals. They're chock-a-block with competitive intelligence.

Ruling in MERS Exposure Class Action is Tough for BofA, Good News for Execs, Underwriters
Publication Date: 2012-07-11
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A judge has trimmed a consolidated class action accusing Bank of America and its executives of misleading shareholders about the bank's mortgage fraud exposure, but a crucial part of the case can still go forward.

February 11, 2003 | Law.com

In Camera

Network Associates securities fraud case back in spotlight; know your enemy; defense spending in Santa Clara; a surprising reversal.
6 minute read

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