Litigation

Recent Posts

Surge Of Securities Litigation Against U.S.-Listed Chinese Companies One Of The Most Distinctive U.S. Litigation Trends
Posted on 2 Aug 2011 by Kevin LaCroix and Peter Gillon

By Kevin M. LaCroix, Esq., Executive Vice President, OakBridge Insurance Services and Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP One of the most distinctive U.S. litigation trends over the last twelve months has been the surge of... Read More

'Man Bites Dog' Complaint: J. Crew Sues Its Shareholders
Posted on 18 May 2011 by Brian JM Quinn

That's a real "man bites dog" headline, but it looks like J Crew has sued the shareholder plaintiffs who challenged the going private deal. You'll remember that the shareholder plaintiffs and defendants reached a settlement agreement... Read More

2 SEC Insider Trading Cases Filed
Posted on 10 Jan 2011 by Thomas O. Gorman

The SEC filed back to back insider trading cases just prior to the Christmas holiday against unknown option purchasers. Each centers huge option trading positions. Each was brought to obtain a freeze of the trading profits. These cases contrast sharply... Read More

J. Crew Shareholder Group Rejects $10 Million Settlement
Posted on 2 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) Shareholders who sued clothing chain J. Crew Group Inc. over its $3 billion takeover by two private equity firms have rejected the company's $10 million settlement proposal. In a letter filed to Delaware Chancery Court, the dissenting... Read More

Shareholder Challenges Attorney Fees In Tyco Settlement
Posted on 5 Aug 2010 by LexisNexis Litigation Resource Community Staff

DOVER, Del. - (AP) An investor in Tyco International says attorneys who represented shareholders in a securities lawsuit cheated them out of more than $200 million. The federal lawsuit in Delaware targets Grant & Eisenhofer, one of three law firms... Read More

New Orleans Judge To Handle Most Gulf Oil Spill Lawsuits
Posted on 11 Aug 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) A federal judge in New Orleans was picked Tuesday to preside over more than 300 lawsuits filed against BP PLC and other companies over the Gulf oil spill, in a move that should please many of the plaintiffs' lawyers and their clients... Read More

Shareholders Sue News Corp. Over Phone Hacking Scandal
Posted on 14 Jul 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) A group of News Corp. shareholders have sued the media conglomerate over a phone-hacking scandal at its now-closed News of the World tabloid in London. The lawsuit accuses News Corp. of large-scale governance failures surrounding the British... Read More

SEC Puts New Shareholder Rules On Hold Due To Lawsuit
Posted on 6 Oct 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON, D.C. - (AP) The government said Monday it is putting on hold new rules that make it easier for shareholders to nominate directors of public companies, after the U.S. Chamber of Commerce sued to block the changes. The new rules adopted by the... Read More

Pensions Weigh Options From BP Oil Spill
Posted on 8 Jul 2010 by LexisNexis Litigation Resource Community Staff

NEW ORLEANS - (AP) The exasperation with BP felt by residents of the Gulf states is spreading to shareholders and some are taking the oil giant to court. Since the Deepwater Horizon drilling rig disaster on April 20, BP shares have lost about $85 billion... Read More