The Bulletin - Winter 2025

Highlight
Kessler Topaz Achieves Significant Victory at the U.S. Supreme Court in NVIDIA Securities Fraud Case
Court Rejects Social Media Companies’ Challenges to Local Government and School Districts’ Claims in Multidistrict Litigation Regarding the Youth Mental Health Crisis
Investors May Proceed with Claims That Wells Fargo Conducted Sham Interviews of Diverse Candidates to Meet Diverse Search Requirements
KTMC Scores Unique Victory Where Court Finds Controlling Stockholder and Financial Advisors Conflicted by Tax Receivable Agreement in Sale of Foundation Building Materials
KTMC Secures $169 Million Settlement for Self-Administered Group Health Plans
A Look At Recent Securities Decisions Revolving Around the COVID-19 Pandemic
A Limited Carve Out Under Morrison? For Now, U.S. Federal Courts Can Hear Section 10(B) Claims On Behalf Of U.S. Purchasers Of Dual-Listed Securities Purchased On The Tel-Aviv Stock Exchange Ltd

Kessler Topaz Achieves Significant Victory at the U.S. Supreme Court in NVIDIA Securities Fraud Case

Authors of this newsletter: Nathan Hasiuk

In a major victory for investors, on December 11, 2024, the U.S. Supreme Court dismissed NVIDIA’s appeal in a closely […]

Court Rejects Social Media Companies’ Challenges to Local Government and School Districts’ Claims in Multidistrict Litigation Regarding the Youth Mental Health Crisis

Authors of this newsletter: Matthew Macken , Jordan Jacobson

The Court presiding over In re Social Media Adolescent Addiction/Personal Injury Products Liability Litigation, 22-md-03047 (N.D. Cal.)—a multidistrict litigation (“MDL”) involving […]

Investors May Proceed with Claims That Wells Fargo Conducted Sham Interviews of Diverse Candidates to Meet Diverse Search Requirements

Authors of this newsletter: Jennifer Joost

On July 29, 2024, Judge Trina L. Thompson of the Northern District of California issued an order denying a motion […]

KTMC Scores Unique Victory Where Court Finds Controlling Stockholder and Financial Advisors Conflicted by Tax Receivable Agreement in Sale of Foundation Building Materials

Authors of this newsletter: J. Daniel Albert , Kevin Kennedy

On May 31, 2024, Firefighters’ Pension System of the City of Kansas City, Missouri Trust (“Plaintiff”) secured an important victory […]

KTMC Secures $169 Million Settlement for Self-Administered Group Health Plans

Authors of this newsletter: Melissa Yeates , Jonathan Neumann

KTMC recently secured a landmark settlement agreement of approximately $169 million on behalf of a class of self-administered, self-insured group […]

A Look At Recent Securities Decisions Revolving Around the COVID-19 Pandemic

Authors of this newsletter: Joshua Keszczyk , Geoffrey Jarvis

The COVID-19 pandemic was an unprecedented event that left the United States navigating uncharted waters, including with respect to how […]

A Limited Carve Out Under Morrison? For Now, U.S. Federal Courts Can Hear Section 10(B) Claims On Behalf Of U.S. Purchasers Of Dual-Listed Securities Purchased On The Tel-Aviv Stock Exchange Ltd

Authors of this newsletter: Geoffrey Jarvis

For more than a decade, the Supreme Court’s decision in Morrison v. National Australia Bank Ltd., 561 U.S. 247 (2010), has […]

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