Litigation

The Supreme Court Signals It May Level the Playing Field in Securities Class Actions

In oral arguments, Supreme Court justices sent a strong signal that they would not overrule the fraud-on-the-market presumption established in Basic Inc. v. Levinson, but may strengthen defendants’ ability to contest class certification.

To Native or Not to Native, That Is the Question

Responding to document requests in native formats, as opposed to TIFF or PDF, could save tens or hundreds of thousands of dollars. A Foley & Lardner attorney helps troubleshoot the process.

Antitrust Lawsuit Filed Against NCAA, Major Sports Conferences, in Player Pay Dispute

Current college football and basketball stars have filed an antitrust lawsuit against the NCAA and the five major college sports […]

Musicians May Lobby To Change Royalty Regs After Manhattan Court Ruling

Musicians are likely to target decades-old government regulations over song licensing after a Manhattan Federal District Court judge declined to […]

Federal Judge Overturns Rule, Opens Door For NSA To Keep Years of Phone Data

Reversing a Foreign Intelligence Surveillance Court ruling, a federal court has decided the NSA may keep phone records relating to […]

Better Than A Wall Street Bonus

A former J.P. Morgan Chase & Co. employee who tipped the feds that his firm was falsely certifying FHA and […]

Aereo GC Reflects, As Her Company Heads To Supreme Court

Aereo, an Internet TV streaming company, was launched in February of 2012 and immediately ran into a storm of infringement […]

Bank of America’s $8.5 Billion Settlement Will Not Be Delayed by AIG

A New York judge ruled Bank of America can move forward with its $8.5 billion settlement with private investors in connection with mortgage-backed securities that went south, leaving AIG – who filed a motion to delay judgment claiming the settlement was inadequate – no choice but to appeal.

Can Lawyers Contractually Agree to Preclude a Court From Reviewing an Arbitration Award?

A dispute between two legal firms on how to distribute an attorney fee award led the Ninth Circuit Court of Appeals to examine a unique question under the Federal Arbitration Act.

Playboy Exec Refuses To OK Bonus, Gets Fired, Wins $6 Million

She told the GC and outside counsel she thought there had been an attempt to circumvent internal accounting rules mandated by the SEC.

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