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Feurer v. Zuckerberg
Publication Date: 2021-10-20
Practice Area: Corporate Governance
Industry: E-Commerce | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys:
For plaintiff: Daniel K. Astin, Ciardi Ciardi & Astin, Wilmington, DE; Richard D. Greenfield, Marguerite R. Goodman, Ann M. Caldwell, Greenfield & Goodman LLC, Philadelphia, PA; Albert A. Ciardi III, Walter W. Gouldsbury III, Ciardi, Ciardi & Astin, Philadelphia, PA; Kevin H. Davenport, Samuel L. Closic, John G. Day, Elizabeth Wang, Prickett, Jones & Elliott, P.A., Wilmington, DE; Peter B. Andrews; Craig J. Springer, David M. Sborz, Andrews & Springer, LLC; Geoffrey M. Johnson, Scott+Scott Attorneys At Law LLP, Cleveland Heights, OH; Donald A. Broggi, William C. Fredericks, Scott R. Jacobsen, Jing-Li Yu, Scott+Scott Attorneys At Law LLP, New York, NY; Daniel B. Rehns, Frank R. Schirripa, Kurt M. Hunciker, Kathryn Hettler, Hach Rose Schirripa & Cheverie LLP, New York, NY; Brian J. Robbins, Stephen J. Oddo, Gregory E. Del Gaizo, Rob-bins LLP, San Diego, CA; Thomas J. McKenna, Gregory M. Egleston, Gainey McKenna & Egleston, New York, NY; Joseph J. Tabacco, Jr., Daniel E. Barenbaum, Berman Tabacco, San Francisco, CA; Joseph W. Cotchett, Mark Molumphy, Julia Peng, Cotchett Pitre & McCarthy LLP; Thaddeus J. Weaver, Dilworth Paxson LLP, Wilmington, DE; Frederic S. Fox, Laurence D. King, Hae Sung Nam, Donnie Hall, Aaron Schwartz, Kaplan Fox & Kilsheimer LLP, New York, NY; Kathleen A. Herkenhoff, Kaplan Fox & Kilsheimer LLP, Oakland, CA; Catherine Pratsinakis, Dilworth Paxson LLP, Philadelphia, PA; Nathan A. Cook, Mae Oberste, Block & Leviton LLP, Wilmington, DE; Kurt M. Heyman, Melissa N. Donimirski, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Jason M. Leviton, Joel Fleming, Lauren G. Milgroom, Block & Leviton LLP, Boston, MA for plaintiffs.
For defendant: David E. Ross, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Orin Snyder, Gibson, Dunn & Crutcher LLP, New York, NY; Brian M. Lutz, Gibson, Dunn & Crutcher LLP, San Francisco, CA; Paul J. Collins, Gibson, Dunn & Crutcher LLP, Palo Alto, CA; Joshua S. Lipshutz, Gibson, Dunn & Crutcher LLP, Washington, DC for defendants.
Case number: D69574

The court held that consolidation of cases was not appropriate where one case's derivative plaintiffs made no demand on the corporate board and the other case's single plaintiff chose to make a demand that was subsequently refused.

IWA Forest Indus. Pension Plan v. Textron Inc.
Publication Date: 2021-09-23
Practice Area: Securities Litigation
Industry: Manufacturing
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Raymond Lohier, Jr.
Attorneys:
For plaintiff: For Plaintiff-Appellant IWA Forest Industry Pension Plan: Melinda D. Campbell, on the brief, Frederic S. Fox, Kaplan Fox & Kilsheimer LLP, New York, NY.
For defendant: For Defendants-Appellees Textron Inc., Scott C. Donnelly, and Frank T. Connor: Stefan H. Atkinson, Kevin M. Neylan, Jr., on the brief, Sandra C. Goldstein, Kirkland & Ellis LLP, New York, NY.
Case number: 20-2746-cv

Shareholders Sufficiently Allege Materially Misleading Nature of CEO's Statements

In re Eastman Kodak Co. Sec. Litig.
Publication Date: 2021-08-18
Practice Area: Securities Litigation
Industry: Chemicals and Materials | Consumer Products | Manufacturing
Court: U.S. District Court for the Western District of New York
Judge: Chief Judge Elizabeth Wolford
Attorneys:
For plaintiff:
For defendant:
Case number: 6:21-CV-6418

Court Appoints Entities as Lead Plaintiff in Securities Class Action Against Kodak

In re Textron Inc. Sec. Lit.
Publication Date: 2020-07-27
Practice Area: Securities Litigation
Industry: Manufacturing
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Denise Cote
Attorneys:
For plaintiff: For the Lead Plaintiff: Frederic S. Fox, Donald R. Hall, Jeffrey P. Campisi, Kaplan Fox & Kilsheimer LLP, New York, NY.
For defendant: For the Defendants: Sandra C. Goldstein, Stefan Atkinson, Kevin M. Neylan, Jr., Kirkland & Ellis LLP, New York, New York.
Case number: 19 CV 7881

Securities Fraud Suit Dismissed; Statements Not Misleading, Protected by PSLRA Safe Harbor

Critcher v. L'Oreal USA Inc.
Publication Date: 2020-05-15
Practice Area: Consumer Protection
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge José Cabranes
Attorneys:
For plaintiff: For Plaintiffs-Appellants: Laurence D. King, Matthew B. George, Kaplan Fox & Kilsheimer LLP, San Francisco, CA.
For defendant: For Defendant-Appellee: Peter George Siachos, Gordon, Rees, Scully, Mansukhani, LLP, New York, NY.
Case number: 19-2474-cv

Purchasers' Claims Over Cosmetics' Unused Product Federally Preempted by FDCA

Lewis v. YRC Worldwide Inc.
Publication Date: 2020-04-06
Practice Area: Securities Litigation
Industry:
Court: U.S. District Court for the Northern District of New York, U.S. - NDNY
Judge: District Judge Glenn Suddaby
Attorneys:
For plaintiff: Counsel for Plaintiff Christina Lewis: Phillip Kim, Esq., of Counsel, The Rosen Law Firm, New York, NY.
For defendant: Counsel for Plaintiff City of Warwick Ret. Fund: Jeffrey P. Campisi, Esq., Donald R. Hall, Esq., Jason Uris, Esq., of Counsel, Kaplan Fox & Kilsheimer LLP, New York, NY. Co-Counsel for Plaintiff City of Warwick Ret. Fund: George H. Lowe, Esq., Jonathan B. Fellows, Esq., of Counsel, Bond Schoneck & King, PLLC, Syracuse, NY. Counsel for Plaintiff Peter Szabo: Emma Gilmore, Esq., Jeremy A. Liberman, Esq., Joseph A. Hood, II, Esq., Michael J. Wernke, Esq., Samuel Adams, Esq., Veronica Montenegro, Esq., Villi A. Shteyn, Esq., of Counsel, Pomerantz LLP, New York, NY. Co-Counsel for Plaintiff Peter Szabo: Garth Spencer, Esq., of Counsel, Glancy Prongay & Murray LLP, New York, NY. Counsel for Defendants: Ann M. Ashton, Esq., Jonathan E. Richman, Esq., Ralph C. Ferrara, Esq., of Counsel, Proskauer Rose LLP, Washington, D.C. Co-Counsel for Defendants: Daniel J. French, Esq., David G. Burch, Jr., Esq., Anneliese Aliasso, Esq., of Counsel, Barclay Damon LLP, Syracuse, NY.
Case number: 1:19-CV-0001

Claim Not Stated in Securities Fraud Suit Over Re-Weigh System Overcharging Customers

Appellate Division, First Department: October 31, 2019
Publication Date: 2019-11-04
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department, Cases Decided
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appellate Division, First Department: October 31, 2019

Harris v. Lord & Taylor LLC
Publication Date: 2019-05-08
Practice Area: Class Actions | Cybersecurity
Industry: Retail
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Ralph N. Sianni, Andersen Sleater Sianni, LLC, Wilmington, DE; Janine Pollack, The Sultzer Law Group P.C., New York, NY; Daniel Tepper, Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY; Ben Barnow and Erich P. Schork, Barnow and Assoc., P.C., Chicago, IL; Howard L. Longman and Melissa R. Emert, Stull, Stull & Brody, New York, NY; Charles E. Schaffer, Levin Sedran & Berman LLP, Philadelphia, PA; Jeffrey S. Goldenberg, Goldenberg Schneider, LPA, Cincinnati, OH; Gary Ma-son, Whitfield Bryson & Mason LLP, Washington, DC; Laurence D. King and David A. Straite, Kaplan Fox & Kilsheimer, LLP, New York, NY; John A. Yanchunis and Ryan McGee, Morgan & Morgan, Tampa, FL; Jean Sutton Martin, The Law Office of Jeane Sutton Martin PLLC, Wilmington, NC; Lynda J. Grant, The Grant Law Firm PLLC, New York, NY for plaintiff and pro-posed class.
For defendant: Jody C. Barillare, Gregory T. Parks, Ezra D. Church and Kristin M. Hadgis, Morgan, Lewis & Bockius, LLP, Wilmington, DE and Philadelphia, PA for defendant.
Case number: D68553

Both public and private interests favored the transfer of this class action proceeding to a federal district court in another state, where a similar action was already pending.

Appellate Division, First Department: June 21, 2018
Publication Date: 2018-06-22
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, First Department
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Appellate Division, First Department: June 21, 2018

California State Teachers Ret. Sys. v. Alvarez
Publication Date: 2018-02-07
Practice Area: Corporate Entities | Corporate Governance
Industry: Retail
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys:
For plaintiff: Stuart M. Grant, Michael J. Barry, and Nathan A. Cook; Grant & Eisenhofer, P.A., Wilmington, DE; Christine S. Azar, Ryan T. Keating, and Ned Weinberger, Labaton Sucharow LLP, Wilmington, DE; Daniel Girard, Amanda Steiner, Dena Sharp, Adam Polk, and Jordan Elias, Girard Gibbs LLP, San Francisco, CA; Thomas A. Dubbs, Louis Gottlieb, and Jeffrey A. Dubbin, Labaton Sucharow LLP, New York, NY; Frederic S. Fox, Hae Sung Nam, Donald R. Hall, and Jeffrey P. Campisi, Kaplan Fox & Kilsheimer LLP, New York, NY, attorneys for appellants
For defendant: Donald. J. Wolfe, Steven C. Norman, and Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Theodore J. Boutrous and Alexander K. Mircheff, Gibson Dunn & Crutcher LLP, Los Angeles, CA; Mark A. Perry, Gibson Dunn & Crutcher LLP, Washington, DC, attorneys for appellees.
Case number: D68031

Another jurisdiction's dismissal of derivative action for lack of demand futility had preclusive effect under federal law upon competing group of stockholders derivative litigation.

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