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A federal judge in California is stoking controversy by pressing leaders in a class action against Robinhood Financial LLC to diversify by including more women or persons of color as counsel. It’s the latest effort to tackle what many advocates say is a persistent and significant problem in the profession–the predominance of mostly white male […]
Kahn Swick & Foti represents a Nevada family that claims to have invested $40 million in Boeing stock and lost nearly $5 million when Boeing’s share price fell by $34 billion within two weeks of the March 10 crash of an Ethiopian Airlines 737 MAX. Bernstein Litowitz Berger & Grossmann, for its part, says the […]
Court denies motion arguing MissPERS exceeded statutory limit for lead counsel appointments.
Multiple law firms contend for lead role representing investors in Sino-Forest Corp.
Florida selection process includes public hearings and scorecards for prospective counsel.
Law firm appointed lead counsel by Judge Paul Gardephe (SDNY).
Court also appoints Third Avenue Institutional International Value Fund LP as lead plaintiff.
Labaton Sucharow LLP has been appointed lead counsel in the securities class action against Colonial BancGroup. Myron H. Thompson of the Middle District of Alabama has also appointed State-Boston Retirement System, Norfolk County Retirement System, City of Brockton Retirement System, and Arkansas Teacher Retirement System as lead plaintiffs. The lead plaintiffs represent a class of […]
The court in the securities class action lawsuit against the Royal Bank of Scotland has named The Massachusetts Pension Reserves Investment Management Board (MassPRIM) and Mississippi Public Employees Retirement System (PERS) co-lead plaintiffs in the case, and the law firms of Cohen Milstein Sellers & Toll, Wolf Popper and Labaton Sucharow as co-lead counsel. These […]
The contest to see which group and which law firm ends up representing the class in the securities class action filed against Bank of America is heating up. The American Lawyer reports that the two leading contenders for lead plaintiff appear to be either a combination of major California pension funds, CalPERS and CalSTERS; or […]