This article was co-authored by Allyson B. Baker and Joseph Leonard Robbins. It originally appeared on Venable.com and is republished here with permission. In a putative nationwide consumer class action against an online marketplace lender and its bank partner, Bethune v. LendingClub Corp., et al., a federal judge in the Southern District of New York recently granted defendants’ motion to …
Shepherd, Finkelman, Miller & Shah, LLP (“SFMS”) announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York (Civil Action No. 17-01233) against Alcobra, Ltd. (“Alcobra”)(ADHD) and certain of its officers and directors. The case seeks remedies under the Securities Exchange Act of 1934 …
With both Congress and White House now in Republican hands, the U.S. House of Representatives is moving with dispatch to consider a series of litigation reform measures, some stalled for years by Democratic opposition and others of relatively recent vintage. Bruce Kaufman at BNA Bloomberg has a three-part series (first, second, third) followed by an update today on the looming battle over the …
Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against NantHealth, Inc. (“NantHealth” or the “Company”) (NH). Investors who purchased or otherwise acquired NantHealth shares between February 19, 2013 and March 1, 2017 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the …
An international group of 75 pension funds and other institutional investors filed a Supreme Court amicus brief Tuesday seeking to restore a legal precedent on how much time investors have to join or opt out of class-action lawsuits. The investors, who together represent $4 trillion in assets, are backing an appeal to the Supreme Court brought by the $311 billion California Public Employees’ …
A new lawsuit filed against Robert Bentley alleges that the governor illegally delayed a special election to replace former U.S. Senator Jeff Sessions. Alabama Auditor Jim Zeigler and retired District Attorney Tommy Chapman of Evergreen, a Democrat, jointly argue that Bentley’s decision to set an election date in November of 2018 violates state law.
A U.S. District Court judge gave a green light to the first class action lawsuit filed against Plains All-American Pipeline, but the ruling won’t allow all the plaintiffs to move forward right now. Leila Noel of the Cappello & Noel law firm in Santa Barbara said the judge only certified the class auction lawsuit on behalf of fishing businesses affected by the …
A lawsuit for Vice President Mike Pence’s emails is at the Indiana Supreme Court’s doorstep and could have a major effect on government transparency in the state. The lawsuit, filed by Indianapolis labor lawyer William Groth, centers on a 2014 records request for then-Gov. Pence’s emails.
California has settled a lawsuit alleging mistreatment of death row inmates who were kept in solitary confinement for years only because of their purported gang affiliations. The lawsuit says one inmate was kept there for 26 years and two others more than a decade. The settlement says the state no longer will keep inmates in the center just for being gang members.
Pomerantz LLP announces that a class action lawsuit has been filed against Mallinckrodt plc (“Mallinckrodt” or the “Company”) (NYSE:MNK) and certain of its officers. The class action, filed in United States District Court, District of Columbia, is on behalf of a class consisting of investors who purchased or otherwise acquired Caterpillar securities, seeking to …