April 27, 2015

Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)

On April 27, the Honorable John G. Gleeson preliminarily approved the Plaintiffs settlement of the severed claims for $100,000,000 with Defendants (1) Hankyu Hanshin Express Holding Corporation f/n/a Hankyu Express International Co., Ltd. and its… More

April 23, 2015

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

On April 23, 2015, Plaintiffs agreed to a $26,500,000 settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market (the “Exchange”) and certain individual defendants on behalf of a class of investors who suffered losses… More

March 5, 2015

In Re: Rough Rice Commodity Litig., 11-cv-618, (N.D. Ill.) (JWD)

On March 5, 2015, the Honorable John W. Darrah preliminarily approved the settlement of this action. The Settlement provides for a $625,000 all-cash payment from the defendants. Lovell Stewart is co-lead counsel for Plaintiffs in this action. The… More

March 4, 2015

In re Aluminum Warehousing Antitrust Litig., 13 md 2481, (S.D.N.Y.)

On March 3 and 4, 2015, the Honorable Katherine B. Forrest issued two Opinions and Orders dismissing certain foreign Defendants for lack of personal jurisdiction and certain holding companies and other foreign affiliates of Defendants. The Court has… More

March 3, 2015

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

On March 3, 2015, the Honorable Victor H. Marrero granted Plaintiffs' motion for class certification in Anwar v. Fairfield Greenwich Ltd., et al. of Plaintiffs' remaining claims, alleging violations of federal securities law, common law tort, breach… More

February 27, 2015

In re: Platinum and Palladium Commodities Litigation, 10-cv-3617 (S.D.N.Y.)

On February 27, 2015, the Honorable William H. Pauley III entered an order finally approving the Futures Plaintiffs’ settlement with Defendant MF Global, Inc. which resulted in a settlement fund of $4,672,500 in cash and an allowed general… More