July 16, 2021
Robbins Geller Rudman & Dowd LLP has again asked the Second Circuit to let it rejoin securities litigation stemming from the FIFA corruption scandal, saying a New York federal judge's disqualification order will likely force thousands of "innocent" investors to accept a low settlement offer.
July 08, 2021
A Mexican media company urged the Second Circuit on Wednesday to uphold an order disqualifying Robbins Geller Rudman & Dowd LLP from securities litigation stemming from the FIFA corruption scandal, saying the firm's "sky-is-falling" arguments are just an attempt to distract from its alleged ethical violations.
June 29, 2021
A New York federal judge's "unprecedented" decision to disqualify investor firm Robbins Geller Rudman & Dowd LLP for an alleged disclosure failure in a case related to the FIFA bribery scandal will have a chilling effect on private securities law enforcement, a group of pension funds warned the Second Circuit Monday.
June 24, 2021
Robbins Geller Rudman & Dowd LLP has hired a team of legal titans, including David Boies and SCOTUSblog founder Thomas Goldstein, to appeal a ruling that it committed "fraud" on a Manhattan federal court by failing to disclose short positions held by the lead plaintiff in securities litigation stemming from the FIFA corruption scandal.
June 16, 2021
Robbins Geller Rudman & Dowd LLP has asked a New York federal judge to give the firm time to appeal his ruling that it committed fraud worthy of disqualification by failing to disclose short positions held by the lead plaintiff in a securities class action stemming from the FIFA corruption scandal, a request the defendant company said comes way too late.
May 19, 2021
A New York federal judge removed Robbins Geller Rudman & Dowd LLP as lead counsel in a securities class action stemming from soccer's FIFA corruption scandal, finding Wednesday that the firm's attorneys misled the court by failing to disclose the lead plaintiff actually profited from short positions in what amounts to "fraud."
June 23, 2020
Investors in Mexican media company Grupo Televisa SAB on Monday renewed their bid for class certification in a suit alleging the company's executives played a role in FIFA's vast corruption scandal after a Manhattan federal judge shot down their first request over their proposed lead's possible conflict of interest in the matter.
June 09, 2020
A Manhattan federal judge denied a motion for class certification Monday in a suit over the sprawling FIFA corruption scandal against Mexican media company Grupo Televisa SAB and two of its executives, ruling the lead plaintiff didn't fairly represent the rest of the proposed class because it held both short and long positions on the company's shares.
February 11, 2020
Mexican media company Televisa Group is urging a New York federal court to shoot down a bid by its investors to certify a class in a stock drop suit related to allegations that Televisa bribed FIFA officials for broadcast rights, saying the proposed class's own data shows that the revelation of Televisa's alleged role in the scandal didn't affect stock prices at all.
October 31, 2019
Televisa Group shareholders urged a New York federal court to certify their class action over the Mexican company's involvement in the sprawling FIFA corruption scandal, telling the judge that thousands of investors were impacted by Televisa's alleged $15 million bribery scheme.