Lawyers representing investors in cybersecurity firm Okta have asked a San Francisco federal judge to sign off on a $60M deal to end their class action vs Okta over a 2022 data security breach that allegedly dropped stock 11% at the time. The lawyers want 22% of the settlement for their fees.
BOSTON (Legal Newsline) – Class action lawyers who were found to have misled a judge in a $300 million lawsuit are appealing the order that slashed their cut.
BOSTON (Legal Newsline) – A class action watchdog has earned more than $60,000 for work that helped show class action lawyers overcharged the class they represented in a $300 million settlement with State Street.
NEW YORK (Legal Newsline) – Class action lawyers and World Wrestling Entertainment have reached a $39 million agreement to end litigation over a failed relationship with Saudi Arabia.
MIAMI (Legal Newsline) – Labaton Sucharow will lead litigation against Royal Caribbean Cruises over a stock drop associated with the COVID-19 pandemic, beating out a couple of competitors in the securities class action field.
BOSTON (Legal Newsline) - The judge overseeing litigation against State Street Bank & Trust ordered Labaton Sucharow and two other plaintiff law firms to hand over more than $14 million in fees they were forced to surrender due to ethical violations in the long-running class action.
MIAMI (Legal Newsline) – So far, two securities class action law firms have asked to lead litigation against Royal Caribbean Cruises that claims the company failed to disclose financial troubles associated with the COVID-19 pandemic.
BOSTON (Legal Newsline) - Plaintiff lawyers whose fees were trimmed by more than $6 million after serious allegations of double-billing and other improprieties emerged in the State Street securities class action have urged the court to reject a fee request from the organization that took a lead role in uncovering the scandal.
NEW YORK (Legal Newsline) – The securities class action law firm Labaton Sucharow has asked a federal judge to let it lead litigation against World Wrestling Entertainment over a failed relationship with Saudi Arabia.
SAN FRANCISCO (Legal Newsline) – Class action lawyers are lining up to take another shot at Bayer AG, with major securities firms asking to be in charge of litigation on behalf of investors in the company.
LAS VEGAS (Legal Newsline) – A public pension is suing PlayAGS, a designer of electronic gaming machines that primarily distributes them to Native American tribes.
NEW YORK (Legal Newsline) – The shareholder lawsuit against World Wrestling Entertainment over a failed partnership with Saudi Arabia raises eyebrows about Vince McMahon’s sale of 10% of his stock, a federal judge has ruled.
NEW YORK (Legal Newsline) – A class action plaintiff is urging a federal judge not to toss its lawsuit against the World Wrestling Entertainment over a relationship with Saudi Arabia that didn’t materialize.
BOSTON (Legal Newsline) – The future of a prominent class action law firm's fight to reinstate more than $1 million in fees from a controversial settlement is in question.
NEW YORK (Legal Newsline) – Shareholders suing World Wrestling Entertainment over its partnership with Saudi Arabia will be represented by Labaton Sucharow.
JACKSON, Miss. (Legal Newsline) – Plaintiffs lawyers have pegged a Republican candidate as their favorite to replace Mississippi Attorney General Jim Hood, a Democrat noted for his close ties to the trial bar during his years in office, as they fight another Republican who has vowed to stop giving them lucrative contracts.
BOSTON (Legal Newsline) - A lawyer at the center of the scandal over the $300 million settlement of a State Street securities case told a federal judge in Boston it was “stupid and sloppy” to sign a false application for his firm’s share of $75 million in fees, but he didn’t intend to mislead the court.
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