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Class-Actions Jun 24, 2019

CLASS ACTION UPDATE for LYFT, XENT and ZUO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / June 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. You have until the lead …

Lawsuits May 24, 2019

CalPERS, Colorado PERA Want to Join Lawsuit on Behalf of Johnson & Johnson

A hearing on the pension plans’ motion to intervene as defendants is scheduled for June 17. “As things stand, this litigation presents a truly anomalous scenario: Johnson & Johnson is the only party defending shareholders’ right to bring a class action against Johnson & Johnson,” the pension plans’ motion states. Together, CalPERS and Colorado PERA own 10 million shares of Johnson & Johnson …

Notices May 21, 2019

NASDAQ:AKRX Long Term Investor Alert: Investigation of Potential Wrongdoing at Akorn, Inc.

An investigation on behalf of current long term investors in Akorn, Inc. (NASDAQ: AKRX) shares over possible breaches of fiduciary duty by certain officers and directors was announced. The investigation by a law firm for investors in NASDAQ: AKRX stocks follows a lawsuit filed against Akorn, Inc. over alleged securities laws violations. The investigation on behalf of investors in NASDAQ: AKRX …

Notices Apr 22, 2019

CLASS ACTION UPDATE for UMC, CTL, CNDT and BA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, April 22, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To learn more about the United Microelectronics Corporation class action contact [email protected] . To learn more about the CenturyLink, Inc. class action contact [email protected] . When the …

News May 15, 2017

Wal-Mart CEO to Be Questioned in U.S. Lawsuit Over Mexican Bribery

A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world’s largest retailer in Mexico. U.S. District Judge Susan Hickey in Fayetteville, Arkansas, said McMillon’s “direct and personal involvement” in matters underlying a class-action lawsuit …

News Mar 16, 2017

Old-School Methods Aren’t Cutting It for Class Actions: Lawyer

As “digital disruption” changes the way we consume information, especially news, a top lawyer has called for new and novel ways to contact shareholders and consumer of products who might have a windfall from a class action. Barrister Michael Lee, SC, who’s run a host of major class actions on behalf of shareholders and consumers, said the traditional way of notifying investors about a class …

Class-Actions Feb 3, 2017

Crown Resorts Faces Class Action From Investors Over China Arrests

 James Packer’s Crown Resorts is facing a potential class action from investors stemming from the imprisonment of its staff in China. Video duration00:48 James Packer returns to Crown board A management shake-up at Crown Resorts, after a horror run in 2016, could leave investors a little confused. Tigerair permanently cancels Bali flights Video duration00:48 Tigerair permanently cancels Bali …

Settlements Feb 2, 2017

Court Approves Verizon Settlement Over Merger Tax Objections; Sets New Standard

A Manhattan New York state appeals court on Thursday said the class action settlements should be assessed in approving a class action settlement involving a challenge by shareholders to Verizon Communications Inc’s ( VZ )$130 billion acquisition of Vodafone Group Plc’s (VOD.L)subsidiaries. The Appellate Division, First Department, decision said that shareholders and Verizon were …