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April 08, 2021 | Daily Report Online

Ga. Federal Judge Tosses Securities Class Action Against MiMedx, Jailed CEO Pete Petit

A federal judge in Atlanta said the lead plaintiff could not show that its lost stock value was caused by revelations of accounting fraud at the Marietta-based biotech company, whose former CEO and COO are now in prison.
4 minute read
March 18, 2021 | Daily Business Review

Counterpoint: Why Fla.'s New Privacy Law Must Have a Private Right of Action

Hardly a week goes by where I or a member of my family fail to receive a notification from a company disclosing that its computer systems were compromised and that our private and sometimes immutable personal information—provided to the company based on express promises of adequate, "industry standard" data security—now lies in the hands of criminals due to the company's reckless handling of that information.
6 minute read
March 05, 2021 | Litigation Daily

Another Stacked Week of Litigator of the Week Runners-Up and Shout Outs

After three years of litigation on behalf of crew members of the USS Pueblo and their families, a team from Mitchell Silberberg & Knupp last week won a $2.3 billion damages award against North Korea–among the largest ever awards in a state-sponsored terrorism case.
8 minute read
March 03, 2021 | The Legal Intelligencer

Pittsburgh Lawyer Tapped for 'Most Diverse Leadership Team Ever' in Data Breach Class Action MDL

U.S. District Judge Michelle Childs instructed lawyers to consider a diverse team to lead about 20 lawsuits against Blackbaud. Five weeks later, she followed through.
4 minute read
March 03, 2021 | National Law Journal

MDL Judge Taps 'Most Diverse Leadership Team Ever' in Data Breach Class Action

U.S. District Judge Michelle Childs instructed lawyers to consider a diverse team to lead about 20 lawsuits against Blackbaud. Five weeks later, she followed through.
4 minute read
February 28, 2021 | National Law Journal

Is a Mass Reckoning Coming for the Plaintiffs Bar?

Many in the defense bar, and even some plaintiffs attorneys, have called for more oversight in multidistrict litigation, especially after the sudden bankruptcy of Girardi Keese.
12 minute read
February 26, 2021 | The Recorder

Judge Approves Facebook's $650M Privacy Settlement as 'Major Win for Consumers'

In a Friday order, U.S. District Judge James Donato of the Northern District of California, who initially rejected preliminary approval of the settlement when it was worth $550 million, noted that each class member would get $345. "By any measure, the $650 million settlement in this biometric privacy class action is a landmark result," wrote Donato.
4 minute read
February 25, 2021 | New York Law Journal

New Lawsuit Takes Aim at 'Blank Check' Firm, Health Care Company Over Merger

The class action complaint, filed in the U.S. District Court for the Southern District of New York, took aim at Churchill Capital Corp. III, a special purpose acquisition vehicle, or SPAC, that merged with health care cost specialist MultiPlan Corp. in October.
4 minute read
February 09, 2021 | Daily Report Online

Ga. Federal Judge OKs $24.5M in Fees After $87.5M Class Settlement Over Failed 'Clean Coal' Plant

Northern District Judge Billy Ray trimmed $2 million from the class lawyers' fee request, but said it 'still represents a fantastic result' for their shareholder clients, who sued Southern Co..
4 minute read

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