News

November 9, 2015

In re Facebook Inc. IPO Securities and Derivative Litigation, (NASDAQ Actions) MDL No. 12-2389 (RWS)

On November 9, 2015, the Honorable Robert W. Sweet granted final approval Plaintiffs' $26.5 million settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market and certain individual defendants on behalf of a class of… More

August 12, 2015

Anwar, et al. v. Fairfield Greenwich Limited, et al., 09-cv-0118

On August 12, 2015, Plaintiffs executed a Settlement with the Citco Defendants resolving all claims asserted against the Citco Defendants for $125,000,000. This brings the total settlements to date to $205,250,000. Lovell Stewart is Co-Lead Counsel… More

July 15, 2015

Ploss, et al. v. Kraft Foods Group, Inc., et al., 15-cv-2937 (N.D. Ill.)

On July 15, 2015, the Honorable Edmond E. Chang appointed Lovell Stewart as co-lead counsel for the Plaintiff class in this action alleging manipulation of Chicago Board of Trade soft red winter wheat futures contracts, particularly between November… More

June 25, 2015

In re Facebook Inc. IPO Securities and Derivative Litigation, (NASDAQ Actions) MDL No. 12-2389 (RWS)

On June 25, 2015, the Honorable Robert W. Sweet preliminarily approved Plaintiffs' $26.5 million settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market and certain individual defendants on behalf of a class of… More

June 22, 2015

In re Optiver Commodities Litigation, 08-cv-6842 (S.D.N.Y.)

On June 22, 2015, the Honorable Loretta A. Preska, Chief Judge of the United States District Court, Southern District of New York, granted Plaintiffs’ motion for final approval of a proposed class action settlement of Plaintiffs’ claims… More

June 8, 2015

In re Crude Oil Commodity Futures Litig., 11-cv-03600 (S.D.N.Y.)

On June 8, 2015, the Honorable Katherine B. Forrest preliminarily approved Plaintiffs’ settlement with Parnon Energy Inc., Arcadia Petroleum Ltd., Arcadia Energy (Suisse) SA, James T. Dyer, and Nicholas Wildgoose (“Defendants”)… More