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Page 1 of 8 (160 Items)
1
May
2018

Supreme Court Denies Barclays’ Petition for Certiorari In Dark Pool Case

On Monday, April 30, 2018, the Supreme Court denied Barclays PLC’s (“Barclays”) petition for certiorari seeking review of the Second Circuit’s decision in Waggoner v. Barclays PLC, 875 F.3d 79 (2d Cir. 2017), affirming certification of a class of investors who sued Barclays for securities fraud tied to Barclays’... READ MORE

25
Apr
2018

Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Class Action Against Canada Dry Ginger Ale

On April 25, 2018, Judge Roseann A. Ketchmark of the Western District of Missouri denied Dr Pepper/Seven Up, Inc. and Dr Pepper Snapple Group, Inc.’s motion to dismiss in its entirety. The Court sustained plaintiff’s allegations that Defendants mislead consumers into believing their Canada Dry Ginger Ale soft drinks... READ MORE

13
Apr
2018

Peter Kohn speaks at the ABA Section of Antitrust Law’s 66th Annual Spring Meeting

Peter Kohn was an invited speaker at the Antitrust Magazine and Health Care & Pharmaceuticals Committee program, Reverse Payment Settlements: Explaining “Large And Unexplained” on April 11 at the ABA Section of Antitrust Law’s 2018 Spring Meeting in Washington, D.C.  In FTC v. Actavis, the Supreme Court ruled that... READ MORE

5
Apr
2018

Faruqi & Faruqi Announces Preliminary Approval Of Derivative Settlement In Kleinfeldt v. Sharing, et al. on Behalf of Natural Health Trends And Its Shareholders

Faruqi & Faruqi, LLP, is pleased to announce that the Honorable Terry J. Hatter, Jr. of the United States District Court of the Central District of California has preliminarily approved a settlement in Kleinfeldt v. Sharing, et al., Case No. 2:16-cv-01547.  The settlement provides for extensive corporate governance in... READ MORE

5
Apr
2018

Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval Of Shareholder Derivative Action Settlement On Behalf Of Chipotle Mexican Grill, Inc. And Its Shareholders

On April 4, 2018, the Honorable William J. Martinez, of the United States District Court of the District of Colorado granted final approval of the proposed settlement of the two federal court consolidated derivative cases: Gubricky v. Ells, et al., Civil Action No. 16-cv-2011-WJM-KLM, and Lashkari v. Ells, et... READ MORE

23
Mar
2018

Faruqi & Faruqi Settles Lidoderm Antitrust Litigation For $166 Million

Faruqi & Faruqi’s Peter Kohn was at the helm for direct purchasers during the lengthy and complex “pay for delay” antitrust case known as the Lidoderm Antitrust Litigation, pending in the United States District Court for the Northern District of California.  The case resulted in a proposed settlement amounting... READ MORE

6
Mar
2018

Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Data Breach Class Action Against Arby's Restaurant Group Inc.

On March 5, 2018, United States District Court Judge Amy Totenberg of the Northern District of Georgia denied the majority of Arby's Restaurant Group Inc.'s ("Arby's") motion to dismiss. In its carefully considered 56-page opinion, the Court upheld a majority of the consumer plaintiffs' claims alleging that Arby's failed... READ MORE

8
Feb
2018

Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval Of Shareholder Derivative Action Settlement On Behalf Of CTI Biopharma, Corp. And Its Shareholders

On January 31, 2018, the Honorable Douglas North of the King County Superior Court in the state of Washington granted final approval of the proposed settlement of the two state court consolidated derivative cases: Hammond v. Bianco, et al., No. 16-2-05818-3, and Eley v. Bianco, et al., No. 16-2-14422-5... READ MORE

23
Jan
2018

Faruqi & Faruqi Obtains Final Court Approval Of $13 Million Settlement On Behalf Of Shareholders Of Avalanche Biotechnologies, Inc.

Faruqi & Faruqi is pleased to announce that on January 19, 2018, the Honorable Marie S. Weiner, Judge of the California Superior Court of San Mateo County, granted final approval of the global settlement reached in In re Avalanche Biotechnologies Securities Litigation, No. 15-cv-03185 (JD) (N.D. Cal.) and the... READ MORE

8
Jan
2018

Faruqi & Faruqi Obtains Final Court Approval Of $2.95 Million Settlement In Rihn v. Acadia Pharmaceuticals, Inc. et al., 15-cv-00575-BTM-DHB (S.D. Cal.)

On January 8, 2018, the Honorable Barry Ted Moskowitz, Chief Judge of the United States District Court for the Southern District of California, granted final approval of the settlement reached in Rihn v. Acadia Pharmaceuticals, Inc. et al.  Faruqi & Faruqi served as sole Lead Counsel on behalf of... READ MORE

1
Jan
2018

Katherine Lenahan, Megan Sullivan and Nina Varindani are now partners of the firm.

Faruqi & Faruqi is proud to announce that Katherine Lenahan, Megan Sullivan and Nina Varindani have all been made partners of the Firm.  Congratulations!... READ MORE

25
Oct
2017

Innessa M. Huot made Partner with the Firm

Faruqi & Faruqi is proud to announce that Innessa Melamed Huot is now a partner with the Firm.  Innessa heads the employment practice group and represents employees across the country in individual and wage and hour class action litigation. Congratulations Innessa!    ... READ MORE

16
Oct
2017

Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Class Action Against Asahi Beer U.S.A., Inc.

On October 16, 2017, United States District Court Judge John A. Kronstadt of the Central District of California denied in its entirety Asahi Beer U.S.A.’s motion to dismiss. The Court sustained plaintiffs’ claims alleging that Asahi Beer misleads consumers into believing its Asahi Super Dry beer is brewed in... READ MORE

11
Oct
2017

Faruqi & Faruqi, Co-Lead Counsel, Announce Final Approval of a $5.6 Million Settlement in the CPA Global Class Action

Honorable T.S. Ellis, III of the United States District Court for the Eastern District of Virginia granted Final Approval of the Class Action Settlement in Run Them Sweet, LLC et al. v. CPA Global, Ltd. et al., No. 16-cv-1347.  Faruqi & Faruqi, as co-lead counsel, represent the Plaintiff and... READ MORE

4
Oct
2017

Faruqi & Faruqi, Lead-Counsel, Announces Final Approval of Settlement on Behalf of Sales Agents in the Safe Auto Wage & Hour Class Action

Faruqi & Faruqi is pleased to announce final approval of the hard-fought settlement in Strong et al. v. Safe Auto Insurance Group, Inc. et al., No. 16-cv-765, in the United States District Court for the Southern District of Ohio.  The class action settlement represents a remarkable 82% recovery of... READ MORE

3
Oct
2017

Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval of Historic Data Breach Shareholder Derivative Case, In re The Home Depot Shareholder Derivative Litigation

On October 2, 2017, the Honorable Thomas W. Thrash, Jr., Chief Judge of the United States District Court for the Northern District of Georgia, granted final approval of the proposed settlement in In re The Home Depot, Inc., Shareholder Derivative Litigation, Lead Case No. 1:15-CV-2999-TWT. F&F, as co-lead counsel,... READ MORE

15
Sep
2017

Faruqi & Faruqi, LLP, Co-Lead Counsel, Obtains Final Court Approval of $5.9 Million Settlement on Behalf of Comverge, Inc. Shareholders

On September 8, 2017, the Honorable Tamika Montgomery-Reeves, Vice Chancellor of the Delaware Court of Chancery, granted final approval of the proposed settlement in In re Comverge Shareholders Litigation, C.A. No. 7368-VCMR.  F&F, as co-lead counsel, represent stockholders who held Comverge, Inc. (“Comverge”) common stock (the “Class”) at the... READ MORE

15
Sep
2017

Faruqi & Faruqi, LLP, Lead Counsel, Secures Preliminary Approval of a $13 Million Settlement in In re Avalanche Biotechnologies, Inc. Shareholder Litigation

Faruqi & Faruqi, LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Avalanche Biotechnologies, Inc. Shareholder Litigation.  The settlement provides for a cash payment of $13 million in exchange for the release of the claims alleged in the federal securities class action... READ MORE

26
Aug
2017

Faruqi & Faruqi Is Appointed Lead Counsel to Represent Genworth Investors for False and Misleading Statements Regarding $2.7 Billion Sale of Company

After a protracted and closely watched lead plaintiff fight, Faruqi & Faruqi LLP prevailed, and, along with its co-counsel, Kahn Swick & Foti LLC, was appointed lead counsel in the case of Rice et al. v. Genworth Financial Inc. et al., case number 3:17-cv-00059, pending in United States District... READ MORE

3
Aug
2017

Faruqi & Faruqi Defeats Motion To Dismiss in Consumer Class Action against Craft Brew Alliance, Inc.

On August 3, 2017, United States District Court Judge Beth Labson Freeman of the Northern District of California largely denied a motion to dismiss filed by Craft Brew Alliance, Inc (“CBA”). The Court sustained a number of claims alleging that CBA mislead consumers into believing that its Kona Brewing... READ MORE

Page 1 of 8 (160 Items)