Hints and tips:
...Plaintiffs alleged McKinsey’s advice to clients such as Purdue Pharma, the maker of OxyContin, had directly contributed to the opioid crisis....
...The cases have been consolidated for pre-trial proceedings....
...After all, the plaintiffs’ lawyers argued, since the orders were the customers' property, why should the profit from the sale be given to the broker and the HFTs?...
...Union is set to become the lead plaintiff in the consolidated Equifax lawsuits in Georgia federal court, where shareholders in the company are suing over the major security breach last year, when hackers...
...“Volkswagen believes that the consolidated securities class action complaint is without merit,” said Pietro Zollino, a VW spokesperson....
...Nine-month 2015 consolidated net profits plunged 26 per cent to $954m, mostly on lower metal prices....
...The post-deal litigation kabuki has a specific choreography: all the lawsuits are consolidated into a single-class action claim. There may be a perfunctory discovery period when depositions are taken....
...The court cases differ in some details of their claims but are broadly similar, with the expectation that they will be consolidated into one overall case....
...Last month the claims were consolidated into one group class action with the Universities Superannuation Scheme, the £40bn UK pension fund, selected as the lead plaintiff....
...HSBC, the fixing company and the other participating banks are also facing potential class-action lawsuits that have been consolidated in New York federal court....
...But what interested us more from the Nomura note was the useful overview it provided of the defences that the banks have used thus far in lawsuits that were consolidated into one case earlier this month....
...Yet when it comes to shareholder lawsuits, it seems the plaintiff lawyers’ bark is worse than their bite....
...The lawsuit consolidated litigation that had been brought nationwide, and names pension funds in Ohio, Texas, the Netherlands and Sweden as lead plaintiffs....
...This week, plaintiffs’ attorneys consolidated the suits into a single complaint and sought class action status in federal court....
...Accordingly, the TAC adequately alleges that E&Y misrepresented in the 2Q08 that it was “not aware of any material modifications that should be made to the consolidated financial statements referred to above...
...More than 200 cases have been consolidated before Judge Carl Barbier of the US District Court for the Eastern District of Louisiana....
...Most individual lawsuits, such as Mr López’s, have now been consolidated into multidistrict litigation, in which the work is handled by a single judge based in Louisiana....
...John Coffee, professor at Columbia Law School, said the selection of New Orleans was a “victory for plaintiffs”....
...The plaintiffs include individuals, car rental operators, car dealers and insurance companies....
...After expenses and legal fees, including $217m for plaintiffs’ lawyers, the 7m investors who are potentially covered by the settlement are set to recover $340m between them....
...Mr Walsh said the airline was engaged in non-binding mediation with lawyers for the civil plaintiffs in the US over the passenger surcharges. The claims had been consolidated into a single action....
...Tyco’s settlement ends the consolidated class action lawsuit that was being heard in federal court in New Hampshire....
...Air India, which is allowed to carry passengers in the London-New York market, is resisting attempts to draw it into the class-action suits, which are being consolidated into a single action expected to...
...“There has apparently been an offshoot of regional cartels,” said Michael Hausfeld at Cohen, Milstein, Hausfeld & Toll in Washington, lead attorney for plaintiffs in a number of the cargo suits....
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