Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Leaderboard Analytics
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Packer v. Raging Capital Management, LLC et al
Case Number:
2:15-cv-05933
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
-
March 14, 2023
1-800-Flowers Investor Suit Tossed After 2nd Circ. Remand
A New York federal judge tossed a derivative investor suit that sought disgorgement of $4.9 million in short-swing profits from a hedge fund that holds shares in 1-800-Flowers, ruling that the plaintiff failed to show he suffered a concrete harm and therefore lacks standing under the U.S. Supreme Court's 2021 TransUnion ruling.
-
August 22, 2019
1-800-Flowers Investor To Pay $4.9M Of Short-Swing Profits
A federal judge ordered a large shareholder of 1-800-Flowers to give up $4.9 million it earned from buying and selling company stock, saying the firm did not qualify for exemptions to the U.S. Securities and Exchange Commission's rules barring short-swing trades by company insiders.