Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Inovalon Holdings, Inc. Class A common stock (NASDAQ: INOV) pursuant and/or traceable to the Registration Statement and Prospectus (the “Registration Statement”) issued in connection with Inovalon’s February 12, 2015 Initial Public Offering (the …
The book serves as a valuable tool for both in-house and outside counsels who confront the prospect of litigating class actions in state forums with which they may have little or no experience and must make informed recommendations on removal. Succinct summaries are prepared by litigators from each of the respective states and address changes in rules and statutes as well as significant case …
Talmer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Chemical on January 25, 2016. The Merger Agreement in the “Proposed Acquisition” stated that Chemical would obtain Talmer by buying all of its remaining shares at a $0.4725 per share of Chemical common stock and $1.61 in per share of Talmer common …
On June 2, 2016, a class action lawsuit was filed in the United States District Court for the Eastern District of North Carolina against TransEnterix, Inc. (NYSE: TRXC). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a …
Editor’s note: Billionaire Peter Thiel’s involvement in the infamous Gawker privacy case has renewed interest in litigation finance, an relatively esoteric corner of alternative investments that involves bankrolling lawsuits in return for a piece of any monetary judgements. As explained by Edward Truant, principal of commercial litigation finance specialist Balmoral Wood Litigation Finance, the …
US firm Akin Gump has strengthened its West Coast litigation capabilities by adding Neal R. Marder, a specialist in business and commercial litigation, as a partner in its Los Angeles office. Washington, DC-based law firm Akin Gump Strauss Hauer & Feld has given itself something to smile about after four of its IP partners decamped to Vinson & Elkins, prompting it to close its Austin office, …
Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of Tangoe, Inc. securities (NASDAQ:TNGO) from March 18, 2014 through March 7, 2016, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tangoe investors under the federal securities laws. To join the Tangoe class …
Last night, Forbes reported out a rumor that has been circulating among media reporters for the last several months: Hulk Hogan’s $140 million lawsuit against Gawker Media was bankrolled by a wealthy benefactor, namely Silicon Valley billionaire Peter Thiel. The story, attributed to multiple anonymous sources, broke just hours before Gawker Media was scheduled to appear in a St. Petersburg, …
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Energy Recovery, Inc. May 25, 2016, 10:35 ET from Bronstein, Gewirtz & Grossman, LLC NEW YORK, May 25, 2016 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Energy Recovery, Inc. (“Energy Recovery” or “the …
In a putative class action alleging widespread copyright infringement commenced in December 2015 against Spotify, Plaintiff, the lead singer for the bands Cracker and Camper Van Beethoven, recently moved pursuant to Federal Rule of Civil Procedure 26(d) to monitor — and possibly prevent — Spotify USA, Inc. (“Spotify”) from engaging in communications with individuals who …