News

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

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 investors… More