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Plaintiffs Attorneys Get Big Fees From $750 Million Xerox Settlement
Attorney fees have been decided in one of the top securities fraud settlements in American history. On Jan. 14, a district court judge in Connecticut awarded $120 million in fees, plus $3.3 million in costs, in the case accusing Xerox of overstating its earnings from 1997 to 2001. Plaintiffs counsel were initially seeking a 20 percent cut of the $750 million settlement. Still, their ultimate 16 percent take was the largest among the top 10 class action securities fraud settlements since 1995.The Am Law 100, the Early Numbers: After Two Down Years, Debevoise Sees Revenue Rise
Camden Co. Agrees to $4 Mil. Settlement For Murdered Inmate
The family of a 65-year-old man who was raped and beaten to death in the mental health ward of the Camden County Correctional Facility has reached a $4 million settlement with the county and jail.Lawyers Close Acquisition Despite Hurricane, Market Meltdown
Imagine trying to complete an acquisition without power or cell phone service in a city ravaged by a hurricane, during the midst of a financial meltdown that shot holes in the deal's once-solid financing. That's what lawyers representing ION Geophysical Corp. had to cope with to finish acquisition of Canadian company ARAM Systems Ltd. for $236 million in cash plus ION common stock.Events Focus on Diversity, Solo and Small-Firm Lawyers
The New Jersey State Bar Association will hold two of its signature events in the coming weeks: the third annual Diversity Summit on Feb. 25 and the fourth annual Solo and Small-Firm Conference on March 2.An Independent CCO Is a Compliance Program Requirement
As prosecution risks have increased, so has the role of the chief compliance officer. Companies are fast recognizing the importance of elevating a CCO and protecting their independence.In Patent Feud, MoFo Goes on the Attack
Partner Harold McElhinny is leading the charge for Palo Alto Networks in two lawsuits, including one challenging an established doctrine of patent law.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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The Top 10 AI Use Cases in Private Equity
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