Popular Litigation Topics & News

  • Ex-Deutsche Trader To Pay $500K To End DOJ’s RMBS Suit
    The U.S. Department of Justice announced Thursday that a former Deutsche Bank trader will pay $500,000 to settle allegations that he misled investors about the quality of loans underlying two residential mortgage-backed securities in the lead-up to the financial crisis. ... Read more...
    Source: Law 360Published on 2019-11-14
    7 hours ago
  • MVP: Gibson Dunn’s Mark Kirsch
    Gibson Dunn & Crutcher LLP's Mark Kirsch picked up five big wins in the last year, scoring trial victories for Investcorp and a Susquehanna fund and defeating proposed class actions against Rio Tinto, Vale SA and AmTrust Financial Services Inc., landing him a spot as one of Law360's 2019 Securities MVPs. ... Read more...
    Source: Law 360Published on 2019-11-14
    8 hours ago
  • Philly Refinery Gets OK For Possible Ch. 11 Auction In Jan.
    PES Holdings LLC secured Delaware bankruptcy court approval Thursday for bid procedures that envision an auction in January for its crippled and idle south Philadelphia refinery, while affirming that an “as is, where is” provision in the procedures was not a blanket attempt to hand off environmental or other liabilities. ... Read more...
    Source: Law 360Published on 2019-11-14
    8 hours ago
  • Daily Dicta: Man Sues Ex-Girlfriend for Breaking up With Him (And Gets Big Law Partner to File the C...
    Suing someone because they don't want to date you anymore is just sad. And nasty. And legally dubious. So what's a Manatt partner doing bringing the complaint?         ... Read more...
    Source: Litigation DailyPublished on 2019-11-14
    15 hours ago
  • Mazars Subpoena Is Supreme Court-Bound as DC Circuit Rejects Trump on Rehearing
    Three judges—Neomi Rao, Gregory Katsas and Karen Henderson—said they would have granted the petition for en banc rehearing.         ... Read more...
    Source: Litigation DailyPublished on 2019-11-13
    20 hours ago
  • GC of Troubled Credit Nation Pleads to Conspiracy in Ponzi Scheme
    Roswell attorney Marc Celello was accused of joining with principal client and boss James Torchia to lure investors into buying unregistered promissory notes for subprime automobile loans and life insurance policies, even though the Credit Nation and affiliated limited liability firms were...Read the whole entry... »         ... Read more...
    Source: Litigation DailyPublished on 2019-11-13
    22 hours ago
  • As El Paso Walmart Reopens, Lawyers Represent 36 Plaintiffs After Mass Shooting
    Walmart's defense counsel, Laura Enriquez of El Paso, is facing off against a group of plaintiffs attorneys from across Texas who have been seeking pre-lawsuit discovery about potential claims that Walmart was negligent by not providing proper security for the El Paso store.         ... Read more...
    Source: Litigation DailyPublished on 2019-11-13
    22 hours ago
  • Judge in Essure Mass Tort Poised to Unlock Confidential Documents
    "Justice will be done in public, putting a limit on how corporate America thinks it can operate in secret without accountability," said Lori Andrus, of Andrus Anderson in San Francisco.         ... Read more...
    Source: Litigation DailyPublished on 2019-11-13
    22 hours ago
  • Chancery Badly Bungled Stock Fix Ruling, Del. Justices Told
    Investors in furniture company Design Within Reach told Delaware's Supreme Court on Wednesday that the state's chancellor violated "bedrock law" in allowing use of technical corporate act correction rules to retroactively validate a controlling stockholder's holdings and a later $170 million merger. ... Read more...
    Source: Law 360Published on 2019-11-13
    23 hours ago
  • Post-Scandal Libor Rigging Suit Can Proceed, Investors Say
    Investors defended their massive proposed class action accusing Bank of America, Deutsche Bank and a slew of other major banks of a sequel Libor-rigging conspiracy, telling a New York federal court that their statistics-heavy case paints enough of a plausible picture of price-fixing to move forward. ... Read more...
    Source: Law 360Published on 2019-11-13
    23 hours ago
  • Gregory M. Bercowy
    Court Sentences Florida Resident to Prison and Orders Payment of Over $3 Million in Market Manipulation Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2019-11-12
    2 days ago
  • American Growth Funding II, LLC, et al.
    SEC Obtains Final Judgments Against Broker and Two Principals Found Liable for Fraud ... Read more...
    Source: SEC Litigation ReleasesPublished on 2019-11-12
    2 days ago
  • KRM Services, LLC and Roberto J. Clark, Jr.
    SEC Charges Man for Defrauding Investors in Surfboard Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2019-11-08
    6 days ago
  • Michael A. Gramins, et al.
    SEC Dismisses Claims Against Tyler Peters ... Read more...
    Source: SEC Litigation ReleasesPublished on 2019-11-07
    7 days ago
  • Bolton Securities Corporation d/b/a Bolton Global Asset Management
    SEC Charges Investment Adviser for Failing to Disclose Conflicts ... Read more...
    Source: SEC Litigation ReleasesPublished on 2019-11-06
    1 week ago
  • Potential Lawsuit: Zantac Medication Cancer Legal News & Lawsuit Information
    Zantac (ranitidine hydrochloride) is being investigated after 150 Zantac tablets were found to contain a carcinogenic chemical up to 3,000 times greater than the FDA’s daily intake limit. The chemical found in the popular heartburn drug is N-nitrosodimethylamine (“NDMA”). Numerous studies have shown a link between the NDMA in Zantac and cancer. Evidence increasingly also indicates that Sanofi and Boehringer Ingelheim, the big pharma companies that make Zantac (ranitidine hydrochloride), concealed the Zantac cancer link. ... Read more...
    Source: Lawyers and SettlementsPublished on 2019-10-17
    4 weeks ago