‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInCalls for Lawyer Diversity Spread to Complex Class Litigation
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 […]
Law firms waging fierce battle for lead role in shareholder lawsuit over Boeing 737 MAX – Reuters
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 […]
In Diamond case, judge appoints MissPERS — but not its lawyers
Court denies motion arguing MissPERS exceeded statutory limit for lead counsel appointments.
Canada: Lawyers battle for case against Sino-Forest
Multiple law firms contend for lead role representing investors in Sino-Forest Corp.
Florida Brings New Levels of Transparency to Selection of Securities Class Action Counsel
Florida selection process includes public hearings and scorecards for prospective counsel.
Hagens Berman Appointed Lead Counsel in Reserve Yield Plus Funds Litigation
Law firm appointed lead counsel by Judge Paul Gardephe (SDNY).
Court Consolidates Reserve Primary Cases, Names Bernstein Litowitz Lead Counsel
Court also appoints Third Avenue Institutional International Value Fund LP as lead plaintiff.
Labaton Sucharow Appointed Lead Counsel in Colonial BancGroup Case
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 […]
Court Appoints Co-Lead Plaintiffs and Counsel in RBS Securities Class Action
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 […]
Contenders for Lead Plaintiff Role Emerge in Bank of America Securities Class Action
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 […]