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September 25, 2023 | Law.com

Decongestant Lawsuits Name Nearly 20 Companies, 'They Know It's a Serious Case.'

Lawsuits over decongestants that an FDA panel found don't work now name more than a dozen defendants, including Walmart, Target, CVS, GlaxoSmithKline and Amazon.
5 minute read
Arkansas Teacher Ret. Sys. v. Goldman Sachs Group Inc.
Publication Date: 2023-08-23
Practice Area: Class Actions
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Richard C. Wesley
Attorneys:
For plaintiff: For Plaintiffs-Appellees: Kevin K. Russell, Goldstein & Russell, P.C., Bethesda, MD; Spencer A. Burkholz, Joseph D. Daley, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Thomas A. Dubbs, James W. Johnson, Michael H. Rogers, Irina Vasilchenko, Labaton Sucharow LLP, New York, NY, on the brief, Thomas C. Goldstein, Goldstein & Russell, P.C., Bethesda, MD. For Defendants-Appellants: Richard H. Klapper, David M.J. Rein, Benjamin R. Walker, Julia A. Malkina, Jacob E. Cohen, Sullivan & Cromwell LLP, New York, NY; Morgan L. Ratner, Sullivan & Cromwell LLP, Washington, D.C., on the brief, Robert J. Giuffra, Jr., Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellants: Audra J. Soloway, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, on the brief, Kannon K. Shanmugam, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington D.C. For Amicus Curiae Former United States Securities and Exchange Commission Officials and Law Professors in Support of Defendants-Appellants: Todd G. Cosenza, Willkie Farr & Gallagher LLP, New York, NY.
For defendant: For Amicus Curiae Economic Scholars in Support of Defendants-Appellants: Victor L. Hou, Jared Gerber, on the brief, Carmine D. Boccuzzi, Jr., Cleary Gottlieb Steen & Hamilton LLP, New York, NY. For Amicus Curiae Securities Industry and Financial Markets Association, Bank Policy Institute, American Bankers Association, Chamber of Commerce of the United States of America, American Property Casualty Insurance Association in Support of Defendants-Appellants: Craig S. Waldman, Joshua C. Polster, Daniel H. Owsley, Simpson Thacher & Bartlett LLP, New York, NY; Ira D. Hammerman, Kevin Carroll, Securities Industry and Financial Markets Association, Washington, D.C.; Thomas Pinder, American Bankers Association, Washington, D.C.; Gregg Rozansky, Bank Policy Institute, Washington, D.C.; Tyler S. Badgley, U.S. Chamber Litigation Center, Washington, D.C.; Kenneth Stoller, American Property Casualty Insurance Association, Washington, D.C., on the brief, Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP, New York, NY. For Amicus Curiae Society for Corporate Governance in Support of Defendants-Appellants: Jeremy C. Marwell, James T. Dawson, Vinson & Elkins LLP, Washington, D.C.; Darla C. Stuckey, Randi V. Morrison, Society for Corporate Governance, New York, NY, on the brief, Christopher E. Duffy, Vinson & Elkins LLP, New York, NY. For Amicus Curiae Washington Legal Foundation in Support of Defendants-Appellants: George Anhang, Shearman & Sterling LLP, Washington, D.C.; William Marsh, Shearman & Sterling LLP, Dallas, TX; Cory L. Andrews, John M. Masslon II, Washington Legal Foundation, Washington, D.C., on the brief, Lyle Roberts, Shearman & Sterling LLP, Washington, D.C. For Amicus Curiae Financial Economists in Support of Plaintiffs-Appellees: Jeremy Lieberman, Emma Gilmore, Pomerantz LLP, New York, NY; Andrew L. Zivitz, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Stacey M. Kaplan, Kessler Topaz Meltzer & Check, LLP, San Fransisco, CA, on the brief, Ernest A. Young, Apex, NC. For Amicus Curiae Securities Law Scholars in Support of Plaintiffs-Appellees: Linnet R. Davis-Stermitz, Gupta Wessler PLLC, Washington, D.C.; Salvatore J. Graziano, Jai K. Chandrasekhar, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Joseph E. White, III, Saxena White P.A., Boca Raton, FL, on the brief, Deepak Gupta, Gupta Wessler PLLC, Washington, D.C. For Amicus Curiae Better Markets, Inc. in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C. For Amicus Curiae Former SEC Officials in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C.; Daniel P. Chiplock, Lieff Cabraser Heimann & Bernstein, LLP, New York, NY, on the brief, Carolyn E. Shapiro, Schnapper-Casteras PLLC, Washington, D.C.
Case number: 22-484

Misrepresentations Did Not Impact Stock Price; Shareholder Class Decertified

August 01, 2023 | Delaware Business Court Insider

Dell Shareholders' Attorneys Awarded $266.7 Million in Fees in Wake of $1 Billion Settlement

Labaton Sucharow and Quinn Emanuel attorneys were co-lead counsel for the class of plaintiffs also represented by Andrews & Springer, Robbins Geller Rudman & Dowd and Friedman Oster & Tejtel.
5 minute read
August 01, 2023 | Delaware Law Weekly

In Wake of $1 Billion Settlement, Dell Shareholders' Attorneys Awarded $266.7 Million in Fees

Labaton Sucharow and Quinn Emanuel attorneys were co-lead counsel for the class of plaintiffs also represented by Andrews & Springer, Robbins Geller Rudman & Dowd and Friedman Oster & Tejtel.
5 minute read
July 14, 2023 | National Law Journal

Celebrating Outstanding Achievements: The 2023 Elite Trial Lawyers

The National Law Journal is proud to recognize professional excellence in plaintiffs litigation as well as lifetime achievements and diversity and inclusion initiatives. For the first time, the Elite Trial Lawyers awards also included The Plaintiffs Firm of the Year.
5 minute read
June 09, 2023 | Connecticut Law Tribune

CVS, Walgreens Opioid Settlement Money Expected by Year's End

Consistent with previous "Big Three" opioid distributor agreements, the settlements require 85% of the funds be allocated to programs that address the ongoing opioid crisis through treatment, education and prevention efforts.
4 minute read
June 09, 2023 | New York Law Journal

Settlement Money From CVS, Walgreens Opioid Settlement Coming by Year's End

Consistent with previous "Big Three" opioid distributor agreements, the settlements require 85% of the funds be allocated to programs that address the ongoing opioid crisis through treatment, education and prevention efforts.
4 minute read
June 09, 2023 | The Recorder

Settlement Money From CVS, Walgreens Opioid Settlement Coming by Year's End

If approved by the court, California might receive up to approximately $375 million from the Teva settlement and up to approximately $205 million from the Allergan settlement, said California Attorney General Rob Bonta.
4 minute read
June 05, 2023 | Daily Business Review

Miami to Host FTX Multidistrict Litigation, Signature Bank and Silvergate Bank Excluded

"A significant part of FTX's conduct allegedly emanated from this district, where it had its U.S. headquarters before filing for bankruptcy," the U.S. Judicial Panel on Multidistrict Litigation ruled.
4 minute read

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