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Delaware Chancery Court Rules That Fiduciary’s Use of Email Account Provided by Separate Employer Destroys Privilege

USA - December 24 2020 On December 22, 2020, in litigation between WeWork and the Softbank Group, the Delaware Court of Chancery determined that the Softbank Group must…

Dean Kristy, Jay Pomerantz, Michael S. Dicke.

Supreme Court Rules That Securities Act Class Actions May Proceed in State Court

USA - March 21 2018 ​​ The U.S. Supreme Court has ruled that class action plaintiffs can bring claims under the Securities Act of 1933 in either state or federal court…

Catherine Kevane, Dean Kristy, Kevin P. Muck, Vincent Barredo.

The Supreme Court’s Omnicare decision clarifies when an opinion stated in a registration statement can give rise to Section 11 liability

USA - March 24 2015 On March 24, 2015, the Supreme Court issued its opinion in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, a highly…

Bradley Meissner, Kevin P. Muck.

GlaxoSmithKline and five executives convicted of bribery in China

China, USA - September 24 2014 On Friday, September 19, 2014, a Chinese court found pharmaceutical giant GlaxoSmithKline guilty of bribing doctors and hospitals in order to…

Alexis I. Caloza, Catherine Kevane, Jay Pomerantz.

Ninth Circuit issues key ruling on pleading of loss causation in securities class actions

USA - August 8 2014 On August 7, 2014, the Ninth Circuit issued a key opinion on the pleading of loss causation in securities class actions, ruling for the first time…

Jennifer C. Bretan, Marie Bafus, Susan S. Muck.