0 results for 'New York'
Judge Questions Firm's Monitoring of Investments
Although Southern District Judge Jed Rakoff ultimately approved Robbins Geller as lead counsel to a city pension fund in Pontiac, Mich., he criticized the firm, which monitored the fund's investments and recommended the securities class action suit against Lockheed Martin Corporation.Should securities suit classes be subdivided?
Since the enactment of the Private Securities Litigation Reform Act of 1995, issues have arisen regarding its lead plaintiff provision that have complicated what Congress intended to be a streamlined and efficient system. One issue that has been the focus of several recent decisions is the idea that, prior to ruling on class certification, the court should divide the class into subclasses and appoint different lead plaintiffs and lead counsel for each subclass.Push to expand DNA samples spreads
A growing number of states are considering measures that would allow police to take DNA samples from anyone arrested on suspicion of committing a felony.Talk Therapy: Handling Shareholder Resolutions
Within the past few years, shareholder resolutions have evolved from an annual nuisance that companies largely ignored to one that companies have to take seriously. An evolving trend is for companies to respond by having corporate secretaries and corporate counsel resolve issues raised in such proposals beforehand, keeping them off the proxy ballot. Tina Van Dam, formerly of The Dow Chemical Co., summed up her approach to winnowing down eight shareholder proposals to one: "dialogue."View more book results for the query "New York"
Another hot season for judicial elections
The battles for state supreme court seats are heating up in at least six states as another year of expensive and hotly contested elections begins. Those who can't take the heat are getting out of the kitchen � judges in Idaho and Pennsylvania who have endured political attacks have chosen not to run for re-election. West Virginia Supreme Court Justice Larry Starcher, who has been criticized for referring to a Pakistani lawyer as "window dressing," has not announced whether he'll seek re-election.Federal Circuit Upholds Sanctions Over Patent Suits Brought in "Bad Faith"
The U.S. Court of Appeals for the Federal Circuit has upheld sanctions without a finding of inequitable conduct — i.e., fraud on the patent office. The court affirmed a finding that patent holding company Eon-Net "pursued baseless infringement allegations in bad faith and for an improper purpose." Melissa Baily represented Flagstar Bancorp in the suit.Dechert's Litigation Co-Chair to Lead Microsoft Legal Team's Litigation Arm
David M. Howard, the co-chairman of Dechert's 130-lawyer white-collar and securities litigation group, announced Wednesday that he is leaving the firm for an in-house position as corporate vice president and deputy general counsel in charge of litigation at Microsoft. In the last few years, Howard has represented a number of high-profile clients, including former Rite Aid CEO Timothy Noonan and Michael Kopper, the first of the major Enron defendants to negotiate a cooperation agreement with the government.Going in-house no longer one-way
Until recently, it was usually a one-way trip from law firms to in-house counsel, but increasingly lawyers are finding that careers can go full circle. This is at least in part to the change in status of in-house lawyers. Lawyers no longer belief that the work is less demanding or that regular hours can be expected from in-house work.Trending Stories
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