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Kaplan v. S.A.C. Capital Advisors, L.P.

  1. August 15, 2017

    Reed Smith Asks Fed Court To Sit Out $6.8M SAC Fee Fight

    Reed Smith LLP has asked a New York federal judge who OK'd a $135 million insider trading class action settlement against SAC Capital Advisors to stay out of its state-court lawsuit against class counsel, saying its beef with Wohl & Fruchter LLP doesn't fall under the judge's purview.

  2. May 15, 2017

    3 Firms Get $27M Payday In Elan Investors' SAC Capital Suit

    A New York federal court awarded $27 million in legal fees to Wohl & Fruchter LLP, Pomerantz LLP and Kreher & Trapani LLP on Friday for their work representing Elan Corp. shareholders in a now-settled suit against defunct hedge fund SAC Capital Advisors LP.

  3. April 18, 2017

    SAC Capital Blasts Elan Investor's Award Bid In $135M Deal

    Attorneys for SAC Capital Advisors LP slammed a bid by a lead investor in a settled class suit to receive roughly $760,000 in compensation for his role assisting counsel, arguing in a recent New York federal court filing that the request was "excessive" and "extraordinary."

  4. November 30, 2016

    Elan Investors Seek Initial OK For $135M SAC Capital Deal

    Elan Corp. shareholders asked a New York federal court Wednesday to give preliminary approval to a $135 million settlement with now-defunct hedge fund SAC Capital Advisors LP and founder Steven Cohen to settle claims related to insider trading involving shares of the drug giant's stock.

  5. September 19, 2016

    Quinn Emanuel Agrees To Duck Out Of Elan Investor Suit

    Quinn Emanuel Urquhart & Sullivan has agreed to stop representing Elan Corp. shareholder classes suing hedge fund SAC Capital Advisors LP over alleged insider trading, denying any conflict of interest but telling a New York federal judge on Monday it didn't want to delay the suit.

  6. September 14, 2016

    SAC Backs Push For Quinn Emanuel DQ In Elan Investor Suit

    SAC Capital Advisors supported a co-defendant in a shareholder class action Tuesday in his call for the disqualification of Quinn Emanuel Urquhart & Sullivan as plaintiffs' counsel, telling a New York federal court that if the company had known of the firm's alleged conflict it would have contested the hiring.

  7. September 12, 2016

    Quinn Emanuel May Face DQ Action In SAC Capital Suit

    Quinn Emanuel Urquhart & Sullivan LLP should be disqualified from representing the Elan Corp. shareholder classes suing hedge fund SAC Capital Advisors LP because co-defendant Mathew Martoma discussed with a partner his possible criminal appellate representation, his civil lawyers told a New York federal judge Monday.

  8. July 01, 2016

    Quinn Emanuel To Bat For Elan Classes In SAC Trial

    The Elan Corp. shareholder classes suing now-defunct hedge fund SAC Capital Advisors LP over its insider trading scandal have hired Quinn Emanuel Urquhart & Sullivan LLP in the lead-up to a trial, according to a filing Friday in New York federal court asking to make Quinn Emanuel one of the lead class firms.

  9. December 02, 2015

    Investor Classes Certified In SAC Capital Insider Trading Suit

    A New York district judge on Wednesday certified two classes of Elan Corp. shareholders suing now-defunct hedge fund SAC Capital Advisors LP, saying the classes effectively allege SAC's $276 million insider trading scandal affected their trades of the drug giant's stock.

  10. August 31, 2015

    SAC Slams Class Cert. Bid In Insider Trading Suit

    Investors suing former hedge fund SAC Capital Advisors LP over a massive insider trading scandal should be denied class certification because they cannot meet multiple legal hurdles for attaining such a status, attorneys for the firm told a New York federal judge on Friday.

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