By Ellen Bardash | July 15, 2024
The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
The Legal Intelligencer | Analysis|News
By Amanda O'Brien | July 15, 2024
"The Supreme Court in Harrington made it clear that federal courts can no longer 'look the other way' and issue such free passes to mass tortfeasors such as Eckert who refuse to place their assets on the settlement negotiation table," argued attorney George Bochetto.
National Law Journal | Commentary
By Joel M. Cohen, Ladan Stewart and Robert DeNault | July 12, 2024
Without its home-court advantage, the SEC will have to litigate its cases in federal court—a process that is more complex and resource-intensive. But the SEC has been preparing for this eventuality for years.
By Aleeza Furman | July 11, 2024
The settlement includes $12.7 million in attorney fees for the plaintiffs' lead counsel.
By Kat Black | July 10, 2024
The Brown Law Firm in New York, filed the derivative lawsuit. The case was assigned to U.S. District Judge André Birotte Jr.
By George S. Canellos, Tawfiq S. Rangwala, and John J. Hughes, III | July 10, 2024
Milbank partners George Canellos and Tawfiq Rangwala and special counsel John Hughes discuss the real-world impact that "SEC v. Jarkesy" will have on SEC enforcement.
By Kat Black | July 9, 2024
A complaint filed on June 17 by Pomerantz in the California Northern District Court alleged that Gritstone bio Inc., which develops vaccines and immunotherapies for cancer and infectious diseases, misled investors about the timeline of a proposed COVID-19 vaccine study in earnings calls, news releases and U.S. Securities and Exchange Commission filings.
By Samson Amore | July 8, 2024
Brian Glennon joins the firm as a partner in Los Angeles.
By Michael A. Mora | July 1, 2024
"Were this not the law, the private emails of all professors or others with experience purportedly related to their public duties thereafter would be subject to endless, intrusive discovery," argued Jorge Tenreiro of the U.S. Securities and Exchange Commission.
By Maydeen Merino | June 25, 2024
"You need to be more and more careful about engagement the further afield from your expertise the rulemaking is," Jay Clayton said.
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