Firm


Robbins Arroyo LLP: A Class Action Lawsuit Has Been Filed Against Suffolk Bancorp (SCNB)

SAN DIEGO & RIVERHEAD, N.Y.–(BUSINESS WIRE)–Shareholder rights law firm Robbins Arroyo LLP announcesthat a class action lawsuit has been filed against Suffolk Bancorp (NYSE: SCNB) in the Supreme Court for the State of New York, County of Suffolk. The complaint is brought on behalf of shareholders of Suffolk for alleged breaches of fiduciary duties in connection with the acquisition of the …




Columbia University Targeted in $100 Million Lawsuit Over Excessive Retirement Plan Fees

Columbia University was sued Tuesday on claims its retirement plans charged excessive fees. This follows a string of similar litigation filed over the past week against several top universities, leading to speculation that these suits are merely the first volleys in what’s likely to be a developing trend. The plaintiff in the proposed class-action lawsuit is seeking $100 million from Columbia …


Calif. Lawyers Mull Class Action Suit to Hold Carolinas HealthCare ‘accountable’

Two months after the federal and state governments sued Carolinas HealthCare System over alleged antitrust violations, a San Francisco-based plaintiffs’ law firm has announced it’s looking for people who might have been harmed and could sue for related damages. In a notice on its website, the 65-lawyer firm of Lieff Cabraser Heimann & Bernstein says it’s investigating the Charlotte-based …


SILICON GRAPHICS (SGI) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of Silicon Graphics International Corp.; Is $7.75 a Fair Price?

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Silicon Graphics International Corp. (SGI) breached their fiduciary duties in connection with the proposed sale of the Company to Hewlett Packard Enterprise (HPE). Silicon Graphics develops, markets and sells various servers, enterprise-class …



Lawsuit Over Audits Seeks $5.5B From PricewaterhouseCoopers

Accounting giant PricewaterhouseCoopers squared off Tuesday in court with lawyers for a defunct mortgage company’s creditors and investors over a $5.5 billion lawsuit, which claimed the Big Four firm failed through years of audits to uncover massive fraud at a failed Alabama bank. The estimated $21 billion fraud at Colonial Bank of Montgomery, Alabama, was orchestrated by top executives at the …


PwC Must Face MF Global Lawsuit Over Accounting Advice

A US JUDGE has given the go-ahead for a $1bn lawsuit against PwC over claims the firm provided bad accounting advice which contributed to the 2011 collapse of MF Global. MF Global and its parent company, MF Global Holdings Ltd, collapsed in October 2011 after investors left the firm on learning about risky bets on sovereign debt taken by former chairman and New Jersey Senator Jon Corzine. In a …