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13 Dec 2007, 9:21 am
Meanwhile, Forbes reports that that the Court in the Sprint Nextel settlement set aside 27.5 percent, or $15.8 million, for plaintiffs' legal fees, as well as an additional $2.2 million for plaintiff expenses. [read post]
12 Dec 2007, 11:59 pm
Duane Morris' New Co-Counsel Is Raising Eyebrows
The American Lawyer
Now that William Lerach is going to prison for funneling kickbacks to lead plaintiffs and Melvyn Weiss and his firm are fighting similar criminal charges, there's some room at the top of the securities plaintiffs bar. [read post]
12 Dec 2007, 6:02 am
And with that lead in, here’s the blog’s interview with Tom Gies, a partner at Crowell & Moring in Washington, D.C., who was lead counsel for the respondents. [read post]
12 Dec 2007, 4:43 am
The Court then interpreted the language of section 411(a) such that the phrase “the copyright claim” referred to each claim within the class, not simply to each claim of the named plaintiffs in a class action. [read post]
12 Dec 2007, 1:21 am
Oct. 11, 2007), the plaintiffs brought a class action based on allegations that Sharper Image’s Ionic Breeze air purifier was falsely advertised and emitted dangerous amounts of ozone. [read post]
12 Dec 2007, 12:08 am
A three-judge panel issued a new 2-1 ruling Tuesday in favor of certifying the plaintiff class, similar to an opinion issued in February. [read post]
6 Dec 2007, 4:15 am
Plaintiffs subsequently agreed to arbitration but insisted on the right to pursue a class action because the class action waiver was unenforceable, id. [read post]
5 Dec 2007, 11:42 am
Milberg Weiss has been dogged by a criminal probe into allegations that the firm paid kickbacks to lead plaintiffs in major class actions. [read post]
5 Dec 2007, 12:08 am
He also cited the firm's pending criminal charges at length in a discussion about whether the plaintiffs lawyers were really protecting the interests of the class. [read post]
4 Dec 2007, 8:56 am
Here’s the Recorder story and the opinion’s money quote: It is against this tableau common to all class action settlement proposals that the criminal charges against lead counsel pose a concern here, because the kickback arrangements alleged criminally are that lead counsel gave the paid plaintiffs a greater interest in maximizing the amount of attorneys fees awarded to lead counsel than in maximizing the net recovery to absent… [read post]
3 Dec 2007, 4:10 am
As to the Rule 10b-5 class action claims against the NYSE, the Second Circuit held that the district court erred in determining that plaintiffs lacked standing to prosecute those claims. [read post]
30 Nov 2007, 5:08 am
Judicial Panel Grants Plaintiff’s Request, Over Defense and Other Plaintiff Objection, for Pretrial Coordination of Class Action Lawsuits Pursuant to 28 U.S.C. [read post]
29 Nov 2007, 6:00 am
My prior post on Estrada, in which I noted the class certification aspects of the opinion, is here. [read post]
29 Nov 2007, 4:43 am
Defense attorneys moved to dismiss plaintiff Levine’s claims in the class action complaint, and plaintiffs James Duncan and Jackie Byrd moved to be appointed lead plaintiffs; the district court denied the defense motion and granted the plaintiffs’ motion, id., at 270. [read post]
29 Nov 2007, 12:15 am
Leading Lobbyist to Leave Patton Boggs for Father-Son Venture
Legal Times
Former Sen. [read post]
28 Nov 2007, 11:49 am
And, we're starting to see the plaintiff class action bar sharpening their chisels. [read post]
28 Nov 2007, 11:31 am
(Subscribe) How long will it take for a US pension fund to be appointed lead plaintiff against a US company in a euro-class action? [read post]
27 Nov 2007, 5:09 am
The plaintiffs are seeking class certification.The full text of the complaint may be found here. [read post]
26 Nov 2007, 2:06 pm
It mentions the case against GlaxoSmithKline, in which Coughlin client Avon was appointed lead plaintiff (see last previous post on the case). [read post]
26 Nov 2007, 1:06 pm
How does opting out jive with the lead plaintiff provision of the Private Securities Litigation Act of 1995, which envisions active participation by large stockholders in class actions? [read post]
