Class Action

  • May 13, 2022

    Goldman Execs To Pay $79.5M To End Shareholder 1MDB Suit

    A slate of current and former Goldman Sachs directors have agreed to pay $79.5 million to end a putative shareholder class action claiming the billion-dollar 1MDB fraud scheme is a result of their repeated shirking of duties to the bank, the investors said in New York federal court Friday.

  • May 13, 2022

    Musk's Twitter Jitters Could Spark $1B Breakup Battle

    Elon Musk's decision to put his $44 billion purchase of Twitter on ice may merely be a negotiating tactic, but it could prompt the social media platform to sue the Tesla CEO to collect a $1 billion breakup fee or force him to make good on his offer.

  • May 13, 2022

    Pension Plans Seek Dismissal Against Denmark's Tax Agency

    A New York federal court should dismiss the Danish government's lawsuit against several U.S. pension plans accused of participating in a $2.1 billion fraud because the transactions at issue were lawful, the groups told the court.

  • May 13, 2022

    6th Circ. Says Insurers' Auto Parts Claim Came Too Late

    The Sixth Circuit on Friday found a company's efforts to lodge claims on behalf of eight automobile insurers for pieces of $1.2 billion in class settlements in the long-running auto parts price-fixing litigation came too late.

  • May 13, 2022

    Pharmaceutical Co. Sued Over Recalled Thyroid Medication

    Acella Pharmaceuticals is facing down a proposed class action in Georgia federal court over its recalled thyroid medication, which plaintiffs claim was released untested and caused them harm.

  • May 13, 2022

    Snapchat's Parent Hit With Privacy Suit Over Photo Filters

    Snapchat's parent company has been hit with a federal lawsuit accusing the company of using facial recognition in its popular filter-application feature that captures and uses Illinois users' biometric facial data in violation of their privacy rights.

  • May 13, 2022

    Intel Must Face Workers' ERISA Docs Claim

    Intel Corp. must face a single claim from workers alleging they weren't provided retirement plan documents in a timely manner in violation of federal benefits laws, a California federal judge ruled Friday.

  • May 13, 2022

    Robinhood Gets 'Meme Stock' Antitrust Claims Axed For Good

    A Florida federal judge has dismissed investors' third attempt to plead antitrust claims against Robinhood and Citadel Securities for purportedly blocking investors from buying "meme stocks" during last year's market volatility, ruling that the investors failed to adequately allege a conspiracy between the stock-trading platform and the financial services firm.

  • May 13, 2022

    Blockbuster Surfside Settlement Left Judge Speechless

    The nearly $1 billion in settlements in the Champlain Towers South condominium collapse litigation resolved what could have been a messy, emotionally charged dispute pitting neighbor against neighbor and was an outcome that left Judge Michael Hanzman, who took pains to expedite the complicated case, speechless.

  • May 13, 2022

    Va. Judge Gives Early OK To $500M Tribal Lending Deal

    A Virginia federal judge has given initial approval to a $500 million settlement in a consumer class action alleging that online lending companies formed by the Habematolel Pomo of Upper Lake — a federally recognized Native American tribe — charged usurious interest rates on loans

  • May 13, 2022

    SolarWinds Investors Say Board Duty Failures Enabled Breach

    An attorney for SolarWinds Corp. stockholders told a Delaware vice chancellor Friday that the information technology giant ignored red flags and failed to oversee its business as Russians hackers exploited security failings to execute the world's largest cyberattack.

  • May 13, 2022

    Gov't Says Travel Ban Casualties Can No Longer Claim Harm

    The Biden administration urged a California federal judge to throw out a long-running lawsuit over Trump-era travel restrictions, saying it has lifted the travel ban that affected travelers' visa requests and, consequently, the applicants are no longer being harmed.

  • May 13, 2022

    Coinbase Faces Suit Over Yen-Linked Stablecoin's Volatility

    Coinbase and a subsidiary of Japanese conglomerate GMO Internet Group have been hit with a proposed securities class action in California federal court over the alleged instability of a cryptocurrency called Gyen and its break from a one-to-one peg to the Japanese yen.

  • May 13, 2022

    9,000-Member Class OK'd In IQVIA 401(k) ERISA Suit

    A North Carolina federal judge granted class status to a lawsuit brought on behalf of over 9,000 former IQVIA employees claiming the health care tech company violated federal benefits law by picking shoddy yet expensive investments for their 401(k) plan.

  • May 13, 2022

    11th Circ. Upholds Florida Restaurant's Virus Coverage Loss

    A Florida Italian restaurant owner can't bring back a lawsuit seeking COVID-19-pandemic-related insurance coverage from a Chubb unit, the Eleventh Circuit ruled Friday in a short decision.

  • May 13, 2022

    Firms Seek $2.4M For $7.5M Spectra Merger Deal In Chancery

    Grant & Eisenhofer PA, Friedman Oster & Tejtel PLLC and Andrews & Springer LLC are seeking $2.4 million in fees and expenses for a $7.5 million settlement that would end a Delaware Chancery Court suit over Spectra Energy Partners LP's multistep $3.3 billion merger with Enbridge Inc.

  • May 13, 2022

    9th Circ. Affirms Gap Diversity Suit Toss Over Forum Clause

    The Ninth Circuit on Friday affirmed a lower court's dismissal of a shareholder's derivative suit accusing Gap Inc. of failing to uphold its commitment to diversity and inclusion, finding that the shareholder brought the case to the wrong forum and should have sued in Delaware Chancery Court.

  • May 13, 2022

    Pa. Home Care Workers Get Class Cert. In OT Pay Suit

    A group of home care workers suing a Medicaid-funded corporation over allegedly unpaid overtime won class certification after a Pennsylvania federal judge rejected the company's argument that no evidence could point to it being the aides' employer.

  • May 13, 2022

    Car Tech Execs Face Investor Suit Over Stock Drop

    Executives and board members of car technology developer Cerence Inc. deceived shareholders with rosy business updates despite a global semiconductor shortage that plunged the company's revenue expectations and prompted steep stock declines, an investor suit claims.

  • May 13, 2022

    Ga. Judge Consolidates Horizon Data Breach Class Cases

    A Georgia federal judge has consolidated five proposed class actions against consulting firm Horizon Actuarial Services LLC over its November 2021 data breach, and appointed interim lead and liaison counsel.

  • May 13, 2022

    Pa. Court Won't Say If Online Learning Meets State Minimums

    The Commonwealth Court of Pennsylvania will not rule on whether online classes during the first full school year of the COVID-19 pandemic satisfied a state law requiring 180 days of instruction, dismissing a challenge by a group of parents for lack of standing.

  • May 13, 2022

    Dunkin' Runs On Illegally Hoarding Gift Card Cash, Suit Says

    Dunkin' Brands has been hit with a proposed class action in Massachusetts federal court claiming the coffee chain does not allow gift card buyers the chance to redeem any of the cards' value in cash, in violation of the laws of multiple states.

  • May 12, 2022

    Walgreens' Priority Was Filling Drug Orders Fast, Judge Told

    A former Walgreens pharmacist felt pressured to "fill, fill, fill" prescriptions while working at a pace that made her fear making fatal errors, a California federal judge heard in recorded testimony Thursday in a multibillion-dollar bellwether trial over claims Walgreens and others illegally fueled San Francisco's opioid epidemic.

  • May 12, 2022

    Air Force Wants To Toss Vax Mandate Challenge

    The U.S. Air Force has asked to toss a proposed class action over its military and civilian COVID-19 vaccine mandate, arguing that the challengers can't show they suffered any injury until a final decision is made on whether or how to punish them for refusing to be inoculated.

  • May 12, 2022

    IP Forecast: 9th Circ. To Hear A Tale Of Two Punchbowls

    The operator of a newsletter called Punchbowl News that was started by former Politico reporters will head to the Ninth Circuit next week to defend its trademark win against a similarly named online invitations business. Here's a look at that case — plus all the other major intellectual property matters facing the courts in the coming week.

Expert Analysis

  • Opinion

    ALI Oversteps With Expansive Restatement Of Contract Law

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    The American Law Institute's consumer contracts restatement project, which members are scheduled to vote on at the ALI's upcoming annual meeting, could upend the established law of contracts, and encourage specious class actions and nullification of arbitration agreements, says Sherman Joyce at the American Tort Reform Association.

  • The Fastest Federal Trial Courts: A Look At Virginia, Florida

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    The Eastern District of Virginia rocket docket and the Northern District of Florida were last year’s fastest civil trial courts in the nation, and interviews with two of their judges reveal they have some of the same practices to keep litigation moving efficiently, says Robert Tata at Hunton.

  • Post-Ramirez Courts Split Over Data Breach Standing Issues

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    In the aftermath of last year's U.S. Supreme Court decision in TransUnion v. Ramirez, lower courts' inconsistency on standing in data breach class actions has left litigants unsure about the type of harm required to press such claims, say attorneys at Arnold & Porter.

  • Tips For Evaluating Machine Learning For Contracts Review

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    Law firms considering machine learning and natural language processing to aid in contract reviews should keep several best practices in mind when procuring and deploying this nascent technology, starting with identifying their organization's needs and key requirements, says Ned Gannon at eBrevia.

  • Opinion

    Courts Must Tackle Lack Of Diversity In Class Counsel

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    When federal courts appoint lead lawyers in federal class actions, the counsel chosen are almost always white and male — but if courts adopt a broader view of what kind of experience is relevant for class counsel appointments, the class action bar can be diversified, says Alissa Del Riego at Podhurst Orseck.

  • Ruling Casts Doubt On Illinois Biometric Class Action Defense

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    An Illinois federal court's recent finding in Sosa v. Onfido that faceprints derived from photographs are biometric identifiers regulated by the state's Biometric Information Privacy Act casts doubt on a defense used by many companies targeted in BIPA class actions, and clarifies the scope of potential BIPA liability exposure, says David Oberly at Squire Patton.

  • How To Efficiently Deploy Your Professional Growth Strategy

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    Lana Manganiello at Equinox Strategy Partners discusses how time-strapped legal professionals can efficiently implement a professional growth framework by focusing on only the most effective actions to build the reputation and relationships key to their ideal practice.

  • A 6-Step Framework For Legal Industry Professional Growth

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    Lana Manganiello at Equinox Strategy Partners discusses how implementing a professional growth framework will help legal professionals gain expertise in a relevant niche to build credibility, focus marketing efforts and build an ideal practice.

  • Why Contempt May Be Apt Punishment For High Court Leaker

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    Contempt of court is an overlooked but potentially effective tool to punish whoever leaked the draft opinion overruling Roe v. Wade and protect the integrity of the U.S. Supreme Court, says Michael Zuckerman at Zuckerman Dispute Resolution.

  • 9th Circ. Decision Sets New Framework For Class Certification

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    The en banc Ninth Circuit decision in Olean Wholesale Grocery v. Bumble Bee Foods — which addressed numerous key class certification issues — is likely to have a significant impact in cases across the nation and provides strong support for defendants opposing motions for class certification under Rule 23(b)(3), say attorneys at Akin Gump.

  • Opinion

    Clients' Diversity Mandates For Law Firms Are Necessary

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    Coca-Cola recently scrapped its proposed diversity staffing requirements for outside counsel, and other companies may be reassessing their mandates due to external pressures, but it is important to remember the myriad factors supporting these policies and why they are more important now than ever before, says David Hopkins at Benesch Friedlander.

  • 3 Financial Market Areas That Need Better Disclosure Regimes

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    More robust disclosure requirements for nascent investment sectors would give the market and regulators critical information to guard against manipulation and abuse, as well as powerful tools to police misconduct, say Adam Hollander and Thomas Sperber at Bernstein Litowitz.

  • Defense Takeaways From NY Uber Arbitration Fees Ruling

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    A New York appellate panel's recent ruling in Uber v. American Arbitration Association should be a reminder to any business that includes arbitration provisions and class waivers in terms of service, user agreements or other contracts — start preparing for the growing mass arbitration trend, say attorneys at Holland & Knight.

  • 5 Questions That Can Help Law Firms Win RFPs

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    As the volume of matter-specific requests for proposals continues to increase in the legal market, law firms can take some new steps to fine-tune their RFP response-drafting process and strategy, says Matthew Prinn at RFP Advisory Group.

  • How Law Firms Can Employ More Veterans

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    Hiring attorneys who are veterans is often overlooked in law firm diversity, equity and inclusion plans, even though it generates substantial benefits, but partnering with like-minded organizations and having a robust and active veterans group will go a long way in boosting a firm's ability to recruit and retain veterans, say Daniel Sylvester and Nicholas Hasenfus at Holland & Knight.

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