Case Updates
The Hon. Colleen McMahon entered a Final Judgment approving a $165 million settlement of Lead Plaintiffs’ claims.
The Hon. Susan Illston, United States District Judge for the Northern District of California, entered an Order partially denying Defendants’ motion to dismiss Lead Plaintiffs’ securities fraud complaint against corporate Defendant Velodyne Lidar, Inc. and individual Defendants Anand Gopalan, James Graf, and Michael Dee.
Kahn Swick & Foti, LLC Announces Proposed Settlement of Borgwarner Stockholder Derivative Litigation
The Hon. Lorna G. Schofield entered a Final Judgment approving a $44 million settlement of Plaintiffs’ claims.
The Hon. Mary Kay Vyskocil granted final approval to the shareholder derivative settlement in In re Conduent Incorporated Stockholder Derivative Litigation
The Court preliminarily approved the $165M Blackberry securities class action settlement on June 14, 2022.
The Hon. William J. Martini entered a Final Judgment approving a $10 million settlement of Plaintiffs’ claims
ADXS Investor Alert – Monteverde & Associates PC and Kahn Swick & Foti, LLC Obtain Material Disclosures Regarding the Upcoming Shareholder Vote for Advaxis, Inc. – ADXS
The Hon. Vernon S. Broderick entered an Order approving the selection of KSF as Lead Counsel for the putative Class Siegel v. The Boston Beer Company, Inc. et al., Case No. 1:21-cv-7693-VSB (S.D.N.Y.).
The Hon. Vernon S. Broderick entered an Order approving the selection of KSF as Lead Counsel for the putative Class Sandoz v. Waterdrop Inc. et al., Case No. 1:21-cv-7683-VSB (S.D.N.Y.).
The Hon. Cormac J. Carney entered an Order denying, in substantial part, Defendants’ motion to dismiss against Workhorse Group, Inc. and individual defendants Duane Hughes and Steve Schrader.
The Hon. Carolyn B. Kuhl entered an Opinion and Order denying in its entirety defendants’ motion to dismiss plaintiffs’ consolidated complaint.
The Hon. Ronnie Abrams entered an Order approving the selection of KSF as Lead Counsel for the putative Class in Re CarLotz, Inc. Securities Litigation, Case No. 1:21-cv-05906-RA (S.D.N.Y.)
The Hon. Janis Lynn Sammartino grants final approval to the class action settlement in Khoja v. Orexigen Therapeutics, Inc., approving Lead Plaintiff’s $4.8 million recovery for investors.
The Hon. Lorna G. Schofield, United States District Court Judge for the Southern District of New York, entered an Opinion and Order substantially denying defendants’ motion for summary judgment.
The Hon. Arthur J. Tarnow entered a final judgment in the securities class action lawsuit Dougherty v. Esperion Therapeutics, Case No. 2:16-cv-10089, approving Lead Plaintiffs’ $18.25 million recovery.
The Court approved the settlement of the stockholder derivative action brought on behalf of Twitter, Inc. (“Twitter”) against several of Twitter’s current and former directors and officers for breach of fiduciary duties.
The Hon. Susan Illston approved the selection of KSF as lead counsel for the putative class in Meysam Moradpour v. Velodyne Lidar Inc., et. al.
The Hon. Arthur J. Tarnow entered an Order preliminarily approving a $18,250,000 class action settlement on behalf of all Persons who purchased or otherwise acquired Esperion common stock between August 18, 2015 and September 28, 2015.
On April 22, 2021, the Hon. Janis L. Sammartino entered an Order preliminarily approving a $4,800,000 class action settlement on behalf of all Persons who purchased or otherwise acquired Orexigen publicly-traded securitiesbetween March 3, 2015 and May 12, 2015.