News, Updates, & Victories
KSF Appointed Co-Lead Counsel in Securities Class Action Against Gemini Space Station
Plaintiffs allege that Gemini and certain of its executives have violated federal securities laws by making misrepresentations and omissions regarding their intention to prioritize a prediction markets business instead of their existing cryptocurrency platform.
KSF Files ERISA Class Action Complaint Against Aon Corporation
In a complaint filed on May 22, 2026, plaintiffs allege that Aon and certain of its officers and directors breached their fiduciary duties and seek over $120 million in alleged damages.
KSF Secures Settlement in Principle of Derivative Claims on Behalf of Acadia Healthcare Company, Inc.
In an order entered on May 21, 2026, the Delaware Court of Chancery stayed a shareholder derivative action brought by KSF on behalf of Acadia Healthcare in light of the parties’ agreement in principle to settle the claims asserted therein and in certain related derivative actions.
KSF Secures Settlement in Principle of Derivative Claims on Behalf of Acadia Pharmaceuticals Inc.
In a status report filed on May 19, 2026, the parties to a shareholder derivative action brought on behalf of Acadia Pharmaceuticals in California federal court advised that they had substantially completed documenting a settlement of the claims asserted therein and in certain related stockholder demands, including a stockholder demand served by KSF.
KSF Partner Melinda A. Nicholson Presents at Practising Law Institute’s 2026 Securities Litigation CLE
Ms. Nicholson served on the Securities Litigation faculty for the sixth consecutive year at PLI’s continuing legal education program Securities Litigation 2026: From Investigation to Trial, held in New York City on April 27, 2026.
KSF Files ERISA Class Action Complaint Against Providence Health & Services and St. Joseph Health System
KSF filed an ERISA class action complaint on April 17, 2026, against Providence Health & Services, St. Joseph Health System, and certain of their officers and directors alleging that defendants breached their fiduciary duties.