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Facebook Settles Lawsuit Over Directors’ Compensation
  • Winston & Strawn LLP
  • USA
  • January 27 2016

We have previously blogged on the lawsuit filed against the directors of Facebook (including employee directors Mark Zuckerberg and Sheryl Sandberg


Federal judge approves settlement of litigation against Lehman Brothers without requiring contributions from the personal assets of executives and directors
  • Winston & Strawn LLP
  • USA
  • July 18 2012

We have been closely following the recent explosion of litigation against executives and officers


Federal Court dismisses say on pay lawsuit, reaffirming that the Dodd-Frank Act means what it says
  • Winston & Strawn LLP
  • USA
  • January 14 2012

Last week, the U.S. District Court for the Southern District of California granted defendants' motion to dismiss another one of the shareholder say on pay lawsuits (Dennis v. Hart, S.D. Cal., Case No. 11cv2271 WQH (WVG), 1612


Executive Compensation Litigation Update - Judge Posner Gives Compensation Committee a Mulligan
  • Winston & Strawn LLP
  • USA
  • December 14 2015

Judge Richard Posner of the Seventh Circuit Court of Appeals is one of the most published and widely quoted judges. Those unfamiliar with his


JCPenney settles class action lawsuit over allegedly deceptive sales
  • Winston & Strawn LLP
  • USA
  • November 16 2015

The J.C. Penney Company recently announced that it has reached a settlement to resolve a false advertising class action lawsuit that alleged it had


Accounting fraud verdict is partially affirmed
  • Winston & Strawn LLP
  • USA
  • August 5 2013

On July 29th, the Eighth Circuit affirmed, in part, a jury's accounting fraud verdict in the SEC's enforcement action against former infoUSA CFO


JCPenney hit with class action lawsuit for alleged misrepresentation of sales discounts
  • Winston & Strawn LLP
  • USA
  • March 20 2012

A customer has filed a proposed class action complaint against JCPenney in the Central District of California


Claims against WaMu's directors and auditor are dismissed
  • Winston & Strawn LLP
  • USA
  • May 3 2010

On April 28th, the federal district court overseeing a class action securities fraud lawsuit against Washington Mutual, Inc. granted the motions submitted by former directors of WaMu and WaMu's auditor, Deloitte & Touche, seeking dismissal of the fraud and negligent misrepresentation claims asserted against them


The Delaware quarterly October - December 2014
  • Winston & Strawn LLP
  • USA
  • January 8 2015

It was a busy final quarter of 2014 for the Delaware Court of Chancery. Of particular note: (i) three decisions on aiding and abetting breach of


Executive compensation litigation update - preliminary decision in favor of plaintiffs in lawsuit over Facebook directors’ compensation
  • Winston & Strawn LLP
  • USA
  • November 12 2015

In Zuckerberg, Facebook did not even bother to argue that the case should be dismissed due to the demand failure because six of the eight members of