Recent Posts

BP Shareholders File Lawsuit Over Gulf Oil Spill In Eastern District Of Louisiana
Posted on 11 Jun 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - Citing the company's history of safety lapses, cost cutting and workplace disasters, shareholders who purchased stock in BP on June 10 filed a class action lawsuit based on claims that the company mislead investors before the Deepwater... Read More

High Court Upholds 3rd Circuit's Ruling, Finds Stockholder's Suit Against Merck Was Timely
Posted on 27 Apr 2010 by Michael Lefkowitz

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on April 27 affirmed a Third Circuit U.S. Court of Appeals ruling that a shareholder derivative lawsuit over Merck & Co. Inc.'s marketing of Vioxx was timely and held that the statute of... Read More

High Court: Investors Properly Pleaded Materiality In Securities Class Action Suit
Posted on 23 Mar 2011 by Timothy Raub

WASHINGTON, D.C. - (Mealey's) The U.S. Supreme Court on March 22 unanimously affirmed that shareholders of a drug maker properly showed that the drug maker violated federal securities law by failing to disclose that one of its products caused adverse... Read More