Litigation

Corruption Allegations Against Chinese Company Spawn NY Shareholder Litigation

September 20, 2013

A client alert from Morrison & Foerster sees a lesson to be drawn from a shareholder class action filed against […]

Facebook ‘Like’ Protected By First Amendment

September 19, 2013

A federal appeals court ruled this week that “liking” on Facebook is protected speech under the First Amendment. The case […]

Statute Of Limitations Looming, FDIC Is Targeting Execs

September 19, 2013

The Federal Deposit Insurance Corporation has filed a spate of lawsuits against executives of banks that failed following the financial […]

Citigroup Liable for $3.1 Million Arbitration Award

September 17, 2013

An arbitration panel awarded a Florida couple $3.1 million in damages after finding that Citigroup did not properly supervise a […]

Silence Admissible As Criminal Evidence

September 17, 2013

Failing to speak up can be used as evidence in a criminal action, though it doesn’t count as a separate […]

Response To An FCPA Investigation Should Also Be Preparation For Shareholder Litigation

September 16, 2013

Even the announcement that a company is the subject of a Federal Corrupt Practices Act investigation can be enough to […]

Appeals Court Opinion Expands Cybersecurity Liability

September 16, 2013

In a move that could held define cyber-security standards in commercial interactions, the Fifth Circuit Court recently said a company […]

Franchisor Principal On Hook For Franchise Wage Violations

September 13, 2013

A federal court upheld a jury decision that a franchise employee can hold the franchisor founder and principal responsible for […]

Class Action Status Denied For Bankers’ Working Lunch Claim

September 13, 2013

A New York District Court said non-exempt bankers failed to make their case that a combination of workload, auto-deduct meal […]

Three Recent Delaware Decisions May Curb Plaintiff M&A Suits

September 12, 2013

The overwhelming majority of larger public company acquisition transactions are challenged by shareholder lawsuits, often in multiple jurisdictions. In 2012, […]

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