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19 Mar 2008, 9:27 pm
Such kickbacks are improper because they give plaintiffs representing a class of all shareholders an incentive to accept a deal that might not be best for the class. [read post]
19 Mar 2008, 7:42 pm
Three other former lead lawyers at the firm, including William Lerach, have pleaded guilty. [read post]
19 Mar 2008, 7:42 pm
The Firm now has approximately 70 attorneys and remains among the largest plaintiff class action firms in the country. [read post]
19 Mar 2008, 2:03 pm
The Firm now has approximately 70 attorneys and remains among the largest plaintiff class action firms in the country. [read post]
19 Mar 2008, 9:12 am
The amended complaint brought 17 total claims, 14 that applied only to the named plaintiffs and 3 that applied to a purported class. [read post]
19 Mar 2008, 8:01 am
Three other former lead lawyers at the firm, including William Lerach, have pleaded guilty. [read post]
18 Mar 2008, 11:08 pm
The court held that the defendants in question were jointly and severally liable to the plaintiff class in an amount equal to $27.80 per share. [4] Emerging Communications, Inc. [read post]
18 Mar 2008, 10:40 am
The lead plaintiff in the case is the California Public Employees Retirement System (or CalPERS, for all of you well-versed in public-pension lingo), which hasn’t yet put a dollar amount on its claims for all shareholders, though CalPERS attorney Ramzi Abadou said it’s in the billions. [read post]
18 Mar 2008, 12:56 am
Investment banks have long been the bulwarks of leading New York firms' client lists, and the main reason for their high profitability levels. [read post]
17 Mar 2008, 1:12 am
The plaintiffs lawyers contend in the suit that such fees should never exceed $100, but that the two lead plaintiffs were charged $632 by Holiday and $1,275 by Scandinavian. [read post]
16 Mar 2008, 10:19 am
Many people, after all, are arrogant -- lawyers, as a class, are plagued by a high percentage of people who are insufferably arrogant, vain and full of false notions about their own preeminence. [read post]
15 Mar 2008, 10:24 am
Fraudulent asbestos claims, bogus medical data on silicosis, cheating clients to buy race horses in Phen Fen, misallocated expenses in breast implant cases, kick backs to criminal lead plaintiffs in class actions and now bribing judges to screw over your co-counsel in mass torts, I mean really where does this all end? [read post]
15 Mar 2008, 7:00 am
: (Spicy IP),‘The Good, the Bad and the Ugly II’ – Business, public interest forces and the role of IP: (IP finance),Interview with Debra Harry, Indigenous People’s Council on Biocolonialism: (Intellectual Property Watch),WIPO Committee on Development and IP wraps up inaugural meeting: (WIPO),Five IP policy questions for WIPO DG Candidates: (Intellectual Property Watch),IP strategy for R&D: keep records like Thomas Edison: (Lightbulb),New kid on the… [read post]
12 Mar 2008, 3:04 pm
(What isn’t in the press release is the exact amount Shell pays in fees to Lead Counsel Bernstein Liebhard & Lifshitz LLP: US$27 million (Court memo).) [read post]
11 Mar 2008, 3:20 pm
RiskMetric Group’s Securities Class Actions Services sent out its SCAS 50 for the year 2007, listing the top 50 plaintiffs’ law firms, ranked by the total dollar amount of final securities class action settlements occurring in 2007 in which the firm served as lead or co-lead counsel. [read post]
11 Mar 2008, 9:27 am
Based on data from the SCAS database, the SCAS 50 lists the top 50 plaintiffs' law firms ranked by the total dollar amount of final securities class action settlements occurring in 2007 in which the law firm served as lead or co-lead counsel. [read post]
10 Mar 2008, 1:10 pm
The Legislature may classify litigation and adopt one type ofprocedure for one class and a different type for another. [read post]
10 Mar 2008, 11:01 am
To receive certification by the MDL Panel, under Rule 23 you must have: (1) plaintiffs so numerous that joinder is impossible (numerosity); (2) class claims which present common questions of law or fact (commonality); (3) plaintiffs' claims that are typical of those of the class (typicality); and (4) plaintiffs who are adequate representatives of the putative class (adequacy). [read post]
10 Mar 2008, 11:01 am
To receive certification by the MDL Panel, under Rule 23 you must have: (1) plaintiffs so numerous that joinder is impossible (numerosity); (2) class claims which present common questions of law or fact (commonality); (3) plaintiffs' claims that are typical of those of the class (typicality); and (4) plaintiffs who are adequate representatives of the putative class (adequacy). [read post]
7 Mar 2008, 9:46 am
Our analysis of the parties' arguments leads consistently to the same conclusion. [read post]
