December 7, 2015
Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08‑cv‑0042 (E.D.N.Y.)
On December 7, 2015 Plaintiffs filed papers asking the court to suspend all deadlines in this case based on progress in potential settlement with the remaining Defendants. Lovell Stewart, one of Plaintiffs’ co-lead counsel, believes that the… More
December 4, 2015
In re: Platinum and Palladium Commodities Litigation, 10-cv-3617 (S.D.N.Y.).
The settlements in this action, which were finally approved by the Honorable William H. Pauley III on February 27, 2015, have resulted in a total common fund of approximately $71,638,392.86. This amount is higher than the $68,000,000 estimate… More
December 3, 2015
Anwar, et al. v. Fairfield Greenwich Limited, et al., 09‑cv‑0118
On December 3, 2015, the Court granted the parties’ request to extend their deadline for the submission of certain motion papers pending preliminary approval of the PwC settlement mediated before Judge Layn Phillips and agreed on November 25, 2015… More
November 11, 2015
Anwar, et al. v. Fairfield Greenwich Limited, et al., 09-cv-0118
On November 11, 2015, the Honorable Victor Marrero approved 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… More
November 10, 2015
Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)
On November 10, 2015, the Honorable John G. Gleeson granted final approval of settlements with eleven groups of Defendants for an aggregate of approximately $197.62 million plus certain future payments. See https://www.freightforwardcase.com for… More
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 investors… More