Litigation

Recent Posts

Williams Mullen: Retirement Plan Plaintiffs Were Not Required To Exhaust Administrative Remedies Before Filing Their Class Action
Posted on 25 Feb 2013 by Williams Mullen

By Mark S. Thomas and Robert W. Shaw The Second Circuit has held that a putative class of ERISA plaintiffs was not required to exhaust a plan's administrative remedies prior to filing claims for a redetermination of future retirement benefits and... Read More

Bank Of America To Pay $2.43 Billion To Settle Securities Class Action Lawsuit
Posted on 1 Oct 2012 by Timothy Raub

NEW YORK - In what is being called the largest settlement of a credit-crisis-related securities class action lawsuit, Bank of America Corp. (BoA) has agreed to a $2.43 billion settlement on claims that it and certain of its executive officers and directors... Read More

Standards For Appointing Class Counsel Under Rule 23(g)
Posted on 2 Nov 2010 by Georgene M. Vairo

Sheinberg v. Sorensen (606 F.3d 130, 2010 U.S. App. LEXIS 10922 [3d Cir. May 28, 2010]) [ enhanced version available to lexis.com subscribers / unenhanced version available from lexisONE Free Case Law ] explores the relationship between Federal Rule of... Read More

Final Approval Of $2.4Billion Settlement Granted In Bank Of America Securities Suit
Posted on 8 Apr 2013 by Timothy Raub

NEW YORK - (Mealey's) A federal judge in New York on April 5 granted final approval of a $2.4 billion settlement between shareholders and Bank of America Corp. (BoA) to settle claims that it and certain of its executive officers and directors misrepresented... Read More

Supreme Court Says ERISA Permits District Court To Reform Pension Plan
Posted on 16 May 2011 by Joan Grossman

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on May 16 ruled that although Section 502(a)(1)(B) of the Employee Retirement Income Security Act does not permit a district court to reform the terms of a pension plan, Section 502(a)(3) does authorize... Read More