Kessler Topaz Leads the Charge in the Closely Watched VIX Manipulation Multidistrict Litigation Authors of this newsletter: Joshua Materese This multidistrict litigation arises from over a decade of manipulation of financial instruments linked to the Chicago Board Options Exchange’s […] Read More
#METOO’S Impact on Corporate Law Authors of this newsletter: On January 27, 2018, The Wall Street Journal published an article revealing that Steve Wynn, the Las Vegas casino developer […] Read More
KTMC Seeks to Hold Accountable for Security Vulnerabilities in its CPUs Authors of this newsletter: Jennifer Joost On January 2, 2018, consumers learned for the first time that confidential information stored in their computer was vulnerable to […] Read More
Delaware Chancery Court Determines Whether Federal Forum Provisions in Bylaws Can Curb Securities Class Actions Filed in State Courts Authors of this newsletter: On September 28, 2018, the Delaware Chancery Court heard oral argument on the question of whether a corporation could enact […] Read More
Kessler Topaz Pending Injunction Application Pressures LaSalle Hotel Properties to Accept a Value-Maximizing Transaction with Pebblebrook Hotel Trust Authors of this newsletter: On June 29, 2018, Kessler Topaz filed litigation in Maryland state court on behalf of Erie County Employees’ Retirement System […] Read More
Dutch Court Asserts Jurisdiction Over Petrobras In Shareholder Foundation Action but Doubt Remains Over Ultimate Viability of This Approach to Recovery of Petrobras Investment Losses Authors of this newsletter: Emily Christiansen Petroleo Brasileiro S.A. (“Petrobras”), a Brazilian state-run energy company and arguably one of the world’s largest energy businesses has been […] Read More
Ninth Circuit Clarifies Contours of Judicial Notice and Incorporation by Reference in Light of “Concerning Pattern in Securities Cases” of “Overuse” Authors of this newsletter: Jonathan Neumann Background In considering a motion to dismiss under Federal Rule of Civil Procedure (“Rule”) 12(b)(6), a court’s review is generally […] Read More
