News, Updates, & Insights
The U.S. Court of Appeals for the Fifth Circuit issued a unanimous decision affirming the district court’s decision to grant class certification, which was appealed by defendants after a unanimous decision by the U.S. Supreme Court vacating and remanding a decision of the Fifth Circuit regarding class certification.
The Southern District of New York issued an Order and Final Judgment, approving the settlement of In re Bank of America Corp. Securities, Derivative, and Employment Retirement Income Security Act (ERISA) Litigation.
The Minnesota Second Judicial District Court granted preliminarily approval to the settlement of Siciliano v. Medtox Scientific, Inc., et al., Court File No. 62-CV-12-4811. A Final Settlement Hearing shall be held by the Court on February 14, 2013 at 1:30 p.m., before the Honorable John H. Guthmann.
The United States District Court for the Northern District of Texas denied in full Defendants’ motion to dismiss claims in Turnbow, et al. v. Life Partners, Inc., et al., No. 3:11-CV-1030-M (N.D. Tex.)
The United States District Court for the District of Kansas denied in full Defendants’ motion to dismiss securities fraud claims in Better v. YRC Worldwide Inc., et al., No. 11-2073- KHV.
The Delaware Chancery Court granted final approval to the settlement of In re Barnes & Noble Stockholder Litigation, C.A. No. 4813-VCS.
Judge George Daniels of the Southern District of New York approved a comprehensive and wide-ranging settlement of the Moody’s Corporation Derivative Litigation, in which KSF served as Lead Counsel for the demand-excused cases.