NEXT
Sign in to follow

National Law Journal

Views From Two Trenches: Supreme Court Limits SEC's Ability to Use Internal Proceedings

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.
9 minute read

The Legal Intelligencer

Judge Approves $51M Settlement in Shareholder Suit Against Medical Equipment Company

The settlement includes $12.7 million in attorney fees for the plaintiffs' lead counsel.
3 minute read

The Recorder

Who Got the Work: Latham & Watkins Set to Defend Prescription Drug Tracker in Shareholder Lawsuit

The Brown Law Firm in New York, filed the derivative lawsuit. The case was assigned to U.S. District Judge André Birotte Jr.
5 minute read

New York Law Journal

Supreme Court Radically Shifts Landscape for Administrative Enforcement

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.
11 minute read

The Recorder

Who Got the Work: Fenwick and West to Steer Defense in Securities Class Action Against Vaccine Maker Gritstone

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.
4 minute read

The Recorder

McDermott Picks Up Latham Securities Litigation Co-Chair in LA

Brian Glennon joins the firm as a partner in Los Angeles.
3 minute read

National Law Journal

SEC Should Engage Public When Proposing Rules That Exceed Agency Expertise, Former Chair Says

"You need to be more and more careful about engagement the further afield from your expertise the rulemaking is," Jay Clayton said.
3 minute read

The Recorder

Live Nation Entertainment's Board of Directors Hit With Securities Complaint Tied to DOJ Antitrust Suit

The complaint, filed by Bottini & Bottini in California's Central District Court last Friday, argues that the defendants, including Live Nation CEO Michael Rapino, breached their fiduciary duties by failing to prevent antitrust violations and defying a 2010 consent decree prohibiting anti-competitive conduct.
4 minute read

Law.com

Wilson Sonsini Reps Autodesk in Proposed Securities Class Action

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Law.com

Lawsuit Says Nike Officers Misled Shareholders Over Direct-to-Consumer Sales Strategy

The shareholder proposes a class of those who purchased Nike Class B stock between March 2021, when Nike announced its third quarter financial results, and March 2024, when it was announced Nike would be scaling back on its direct-to-consumer strategy.
2 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Yearly Roundup: Strategic Insights for Law Firm Decision Making

    Brought to you by CARET Legal

    Download Now

  • Lex Machina Contracts: Commercial Litigation Report 2024

    Brought to you by LexisNexis®

    Download Now

  • White Collar Investigation Practice: Global Expertise in Complex Investigations

    Brought to you by HaystackID

    Download Now

  • Criminal Division's Evaluation of Corporate Compliance Programs: September 2024 Updates Review

    Brought to you by NAVEX Global

    Download Now