Royal Caribbean Cruises Ltd. joined its rivals on Wednesday as the latest cruise line to be hit with securities claims over its response to the COVID-19 pandemic and stock selloffs it faced earlier this year.
Despite reservations, a Virginia federal judge agreed Thursday to give a tentative green light to a pair of settlements worth $75 million that would let doormakers Jeld-Wen and Masonite off the hook over claims they conspired to hike their prices.
Major League Baseball has scored a win in lawsuits seeking refunds for games postponed due to the coronavirus, Pfizer Inc. and Regeneron Pharmaceuticals Inc. face patent infringement claims over their development of COVID-19 vaccines and treatments, and court battles rage on against cruise lines accused of mishandling the pandemic.
Morgan Stanley agreed to pay a $60 million fine to the U.S. Treasury on Thursday over unsafe information security practices stemming from its failure to scrub computers of customer data prior to disposal, but the bank still faces customers' proposed class actions over the potential exposure of their sensitive data.
A California federal judge has thrown out a suit alleging that Costco Wholesale Corp. violated state law by selling the weedkiller Roundup without disclosing it contained the chemical glyphosate, saying that the complaint doesn't show how Costco was involved in its making or marketing.
A New York City check-cashing chain and its workers on Thursday secured a federal magistrate judge's approval of a $1.2 million deal to settle allegations of employee misclassification and shorted pay.
Pharmaceutical firm Takeda urged the Second Circuit in a Wednesday filing to reverse two lower-court decisions that kept alive allegations claiming it delayed the entry of generic alternatives to the diabetes treatment Actos.
A D.C. federal judge on Wednesday declined to certify a proposed class of current and former Hilton workers who alleged the Hilton Hotels Retirement Plan violated the Employee Retirement Income Security Act by denying them vested benefits but allowed them one more attempt at certification.
A federal magistrate judge who refused on Wednesday to step down from a proposed class action involving claims of faulty Subaru air bags changed his mind a day later, saying the appearance he still has ties to a law firm representing the automaker compelled him to exit the case.
A Delaware judge on Thursday disallowed claims filed against Takata's bankruptcy trust by 13 individuals asserting they were injured as a result of air bags failing to deploy during automobile accidents, saying the manufacturer's parts didn't have a role in the failed deployment.
Part of a co-lead counsel team accused their counterparts of "unseemly mudslinging" in a dispute over distribution of the $8.3 million counsel fee they earned in a settlement of allegations that Swiss blockchain company Tezos Stiftung's 2017 initial coin offering violated federal securities laws.
A homebuilder asked an Illinois federal judge Wednesday not to certify a class in a suit alleging GreatBanc Trust helped two executives drain assets from the homebuilder's employee stock ownership plan, saying the proposed class definition "sweeps in" participants who may not have held stock at the time of the challenged acts.
The Ninth Circuit on Thursday gave a bat buyer alleging that Easton Diamond Sports LLC mislabels the weight of its baseball bats another swing at the company, saying the district court was premature in throwing out his class allegations.
DuPont has defeated a proposed class action accusing it of using a series of corporate transactions to foist pension liability on a spun-off company, with a California federal judge ruling that a group of retirees didn't show how those actions violated the Employee Retirement Income Security Act.
A former Amazon employee claims in a proposed class action in Illinois state court that the company is violating biometric privacy rights of workers with COVID-19 safety measures that require workers to scan their facial geometry as part of a wellness check.
A group of patients alleging that Allergan Inc.'s breast implants were defective and dangerous are pushing back against a bid to dismiss their complaint, saying their state law claims are parallel to federal law requirements and aren't seeking to impose more restrictions than the U.S. Food and Drug Administration's regulations.
A Cabot Oil & Gas investor who accused the company of hiding information about inadequate environmental controls at its Pennsylvania fracking operations, allegedly leading to a drop in stock prices, has ended his suit less than two months after filing.
Hagens Berman Sobol Shapiro LLP has said it doesn't have to return about $48 million in attorney fee awards it got from a series of price-fixing settlements because the Ninth Circuit simply vacated and remanded the fees to a lower court, rather than reversing or modifying the award decision.
A California federal judge has given a green light to a $10 million deal to end a suit accusing a staffing company of shorting workers on breaks and overtime, saying the forklift driver behind the suit resolved the concerns that led the court to reject a prior version of the settlement in 2019.
CVS Pharmacy Inc. cheated pharmacists out of overtime and other pay by requiring off-the-clock work, according to a proposed wage-and-hour collective and class action filed in Arizona federal court.
Harvard University asked a federal judge to toss a suit by students seeking tuition reimbursement since the school switched to remote learning during the COVID-19 pandemic, arguing it had the discretion to switch formats amid an unprecedented crisis.
Melanie Blunschi of Latham & Watkins LLP helped Facebook avert $6 billion in identity theft claims, steered Apple to preliminary victory against a class action regarding device security updates, and laid to rest allegations that "zombie" cookies were lurking on Verizon mobile devices, making her one of Law360's 2020 Class Action MVPs.
The Fifth Circuit was told it should undo a lower court's ruling and allow 147 duped investors to intervene in a lawsuit seeking monetary damages from banks that facilitated R. Allen Stanford's Ponzi scheme because the Official Stanford Investors Committee doesn't have standing to pursue their Texas Securities Act claims.
Gilead Sciences Inc. schemed to monopolize the market for drugs commonly used to treat HIV and forced direct buyers to overpay for the medications as a result, a new proposed class action lawsuit alleges.
Apple urged a California federal judge Tuesday not to approve $88.7 million in fees and costs sought by plaintiffs' attorneys in a $500 million deal to end multidistrict litigation over software updates that allegedly slowed iPhones, saying it would shortchange plaintiffs and should be slashed by at least $7 million.
The Seventh Circuit’s recent opinion requiring class settlement objectors to repay funds they received in exchange for dismissing their appeals in Pearson v. Target should serve to discourage such efforts, and reminds parties to consider motives and actions before negotiating separately with objectors, say attorneys at Cozen O'Connor.
As the U.S. Securities and Exchange Commission champions increased transparency to drive economic recovery, public companies should evaluate what kinds of information to include in their filings, and err on the side of disclosing more, say Sean Dowd at AlixPartners and Eileen Kamerick, who sits on several corporate boards.
A recent American Bar Association opinion addressing the types of new-client consultations that could lead to disqualification is a reminder that lawyers indeed owe prospective clients certain duties, which call for attention to three best practices, say Sarah Sweeney and Thomas Wilkinson at Cozen O'Connor.
Law firms will be hiring conservatively well into 2021 and beyond, but associates eyeing a new firm or market can successfully make a move if they are pragmatic about their requirements, say Rebecca Glatzer and Kate Reder Sheikh at Major Lindsey.
History suggests that the COVID-19 crisis will lead to a surge in legal malpractice claims, but proper documentation, regular conflict checks and a few other steps can help minimize exposure, say attorneys at Munger Tolles.
As a result of the Ninth Circuit's decision Tuesday that Qualcomm's licensing practices for standard-essential patents don't violate antitrust law, future SEP disputes are likely to be rooted in contract and patent law, and innovators are more likely to aggressively seek 5G wireless-related SEP patents, say attorneys at Sterne Kessler.
As pandemic-related state orders that toll statutes of limitations add to an already-muddled body of law, defense practitioners can follow a practical methodology to determine whether claims asserted by a member of a failed class are time-barred in a specific jurisdiction, say Marc Shapiro and Shane McCammon at Orrick.
Law firm managing partners must institute comprehensive, firmwide policies to ensure tenuous progress made in recruiting and retaining more women and attorneys of color is not lost due to pandemic-related layoffs and budget cuts, says Debra Pickett at Page 2 Communications.
The New York Commercial Division's recent decision in Van Horne v. Ben-Dov demonstrates the court's increasing willingness to protect minority shareholders by enjoining a freeze-out merger where majority shareholders failed to prove there was a corporate benefit to the transaction, say Stephen Younger and Danielle Quinn at Patterson Belknap.
It is necessary in a virtual law firm summer program to think twice about asking questions you may be able to answer on your own, but this independence and other aspects of a remote internship may help to instill habits that would be useful for future full-time associates, says law student Kelley Sheehan, who interned at Patterson & Sheridan this summer.
Two recent Illinois federal court opinions concerning Illinois’ Biometric Information Privacy Act claims against third-party vendors raise questions about the statute’s jurisdictional reach outside the state and whether disclosing biometric data to a vendor constitutes actual injury, say Karen Borg and Al Fowerbaugh at Porter Wright.
Following the American Bar Association's recent publication of third-party litigation funding guidance, Jiamie Chen and Dai Wai Chin Feman at Parabellum Capital outline some additional considerations, including the ethical limitations on single-case funding and the futility of economic prenegotiations between attorneys and their clients.
As an attorney with cerebral palsy, Danielle Liebl at Reed Smith says that while the 30-year-old Americans with Disabilities Act has protected her against discrimination, the legal industry must do more to accommodate lawyers with disabilities and make them more comfortable in self-identifying.
Many small towns and rural counties have few lawyers or none at all, which threatens the notion of justice for all Americans and demands creative solutions from legislators, bar associations and law schools, says Patricia Refo, president of the American Bar Association.
The Delaware Chancery Court’s recent decision in HomeFed amplifies the court's focus on discussions between controller and minority stockholders as the basis to conclude that business judgment review is unavailable, and suggests a trend toward a more restrictive judicial approach, say attorneys at Fried Frank.