By Ellen Bardash | August 29, 2024
A Starbucks shareholder has filed a securities class action in Washington federal court, claiming the coffee company misled investors on the expected success of its "Triple Shot Reinvention" strategy.
By Samson Amore | August 28, 2024
William Pao joins the firm after more than 12 years with O'Melveny & Myers.
The Legal Intelligencer | Commentary
By Jay A. Dubow, Joanna Cline and Sierra C. Stockley | August 27, 2024
This June, the U.S. Supreme Court granted certiorari in two cases that will answer this question, NVIDIA v. E. Ohman J:or Fonder AB and Facebook v. Amalgamated Bank. These cases present the court with an opportunity to resolve significant circuit splits on pleading requirements under the Private Securities Litigation Reform Act of 1995 (PSLRA), a statute enacted to deter frivolous securities lawsuits and abusive litigation practices.
By Emily Cousins | August 26, 2024
"However, in reality, LoveSac's financial function was plagued by problems, which weakened the company's internal controls and made LoveSac's financial statements extremely vulnerable to inaccuracies," the complaint said.
By Michael A. Mora | August 23, 2024
"This case will go down in history as one of those cases that nobody saw coming, and it is very important," said Ishmael Green, a partner at Diaz, Reus & Targ who is not involved in the matter.
By Adolfo Pesquera | August 22, 2024
The complaint filed Wednesday alleges an unexpected shakeup of the company's top executives on Sept. 13, 2023 caused Orthofix stock to fall by more than 30%.
By Jimmy Hoover | August 21, 2024
The tech giants have filed briefs urging the justices to close the "floodgates" of securities lawsuits the companies claim have been opened by the U.S. Court of Appeals for the Ninth Circuit.
The Legal Intelligencer | News
By Amanda O'Brien | August 20, 2024
Former Vanguard associate general counsel Brian Murphy most recently headed the investment giant's enterprise growth legal team.
By James Palmer | August 19, 2024
The agency says the longtime activist investor failed to disclose that he and his company pledged billions of dollars in stock as collateral on margin loans.
By Michael A. Mora | August 16, 2024
"We are extremely fortunate that Judge Moreno authored the first extensive ruling on cryptocurrency and celebrity promotions," said Adam Moskowitz, the managing partner at the Moskowitz Law Firm.
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