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Page 1 of 7 (129 Items)
21
Apr
2017

Ninth Circuit Lowers the Pleading Bar for “Fake Sale” Cases

Earlier this week, the Ninth Circuit Court of Appeals reversed a lower court’s decision dismissing a “fake sale” suit for lack of specificity. The class action suit brought by a California consumer alleges that defendant Neiman Marcus engaged in deceptive conduct by selling products at its “Last Call Store”... READ MORE

17
Apr
2017

California’s Supreme Court pushes back on Concepcion

In a unanimous ruling earlier this month, the Supreme Court of California held that an arbitration agreement waiving the public’s right to seek class-wide injunctive relief violates public policy and is therefore unenforceable. The landmark decision in McGill v. Citibank, N.A., pushes back on the U.S. Supreme Court’s decision... READ MORE

10
Apr
2017

Faruqi & Faruqi, Llp Announces Preliminary Approval Of Settlement In In Re Geron Corporation Securities Litigation

Faruqi & Faruqi LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Geron Corp. Sec. Litig., Case No: 3:14-CV-01224-CRB.  The settlement provides for a cash payment of $6.25 million in exchange for the release of all claims alleged in the action.  As... READ MORE

22
Mar
2017

Faruqi & Faruqi Reaches Settlement On Behalf Of Shareholders Of Avalanche Biotechnologies, Inc.

Faruqi & Faruqi is pleased to announce that on March 16, 2017, Plaintiffs, on behalf of themselves and a class of all persons who purchased the common stock of Avalanche Biotechnologies, Inc. (“Avalanche) traceable to the Avalanche IPO seeking to pursue remedies under the Securities Act of 1933 and/or... READ MORE

16
Mar
2017

Faruqi & Faruqi recognized as one of the Top Law Firms representing plaintiffs (2009-2016), Lex Machina Securities Litigation Report 2017

Faruqi & Faruqi recognized as one of the Top Law Firms representing plaintiffs (2009-2016), Lex Machina Securities Litigation Report 2017 Click here to read the Law360 article.... READ MORE

15
Mar
2017

Faruqi & Faruqi Obtains Significant Victory On Behalf of Consumers in Becerra et al. v. General Motors LLC

On March 10, 2017, the Honorable William Q. Hayes of the United States District Court for the Southern District of California denied, in part, Defendant’s Motion to Dismiss in Becerra et al. v. General Motors LLC, No. 15-cv-02365.  Judge Hayes found that Plaintiffs had sufficiently pled claims against General... READ MORE

14
Mar
2017

Faruqi & Faruqi, LLP Reaches Settlement On Behalf Of Investors In Acadia Pharmaceuticals Inc.

Faruqi & Faruqi, LLP is pleased to announce that on March 13, 2017, Lead Plaintiffs, on behalf of themselves and a class of all persons who purchased or otherwise acquired publicly-traded ACADIA common stock and/or call options in the United States or on the NASDAQ Global Select Market during... READ MORE

8
Mar
2017

Faruqi & Faruqi, LLP Reaches Settlement On Behalf Of Shareholders Of Geron Corporation

Faruqi & Faruqi is pleased to announce that on March 2, 2017, Lead Plaintiff Vinod Patel, on behalf of himself and a class of all persons who purchased Geron common stock between December 10, 2012 and March 11, 2014, reached a settlement with Geron Corporation, Dr. John A. Scarlett,... READ MORE

3
Mar
2017

Faruqi & Faruqi, LLP, Obtains Significant Victories On Behalf Of Consumers In Saidian v. Krispy Kreme Doughnut Corporation

On February 27, 2017, United States District Court Judge Stephen V. Wilson denied a motion to dismiss, a motion to stay and a motion to strike filed by Krispy Kreme Doughnut Corporation (“Krispy Kreme”). The Court refused to dismiss claims that Krispy Kreme violated California consumer protection laws when... READ MORE

24
Feb
2017

Faruqi & Faruqi obtains Collective Certification on behalf of Aldi Store Managers

On February 22, 2017, the Honorable Andrew Baxter of the United States District Court for the Northern District of New York conditionally certified a collective action brought by Aldi Store Managers alleging the grocery chain misclassified them as exempt employees under the FLSA, in Griffin et al. v. Aldi... READ MORE

23
Feb
2017

Court Grants Class Certification to Direct Purchasers of Lidoderm in Antitrust Case and Appoints Faruqi & Faruqi Co-Lead Counsel

On February 21, 2017, the Honorable William H. Orrick of the United States District Court for the Northern District of California certified a class of direct purchasers of the pain medication patch Lidoderm in the antitrust case In re Lidoderm Antitrust Litigation, No. 3:14-md-02521-WHO.  Judge Orrick further appointed Faruqi... READ MORE

10
Feb
2017

Court Grants Final Approval of Settlement in In re Dynavax Technologies Corporation Securities Litigation

On February 6, 2017, the Honorable Charles R. Breyer, United States District Judge for the Northern District of California, entered final approval of the settlement reached in In re Dynavax Technologies Corp. Sec. Litig., No: 3:13-CV-02796-CRB, for which Faruqi & Faruqi, LLP served as sole Lead Counsel on behalf... READ MORE

7
Feb
2017

COURT APPOINTS FARUQI & FARUQI, LLP LEAD COUNSEL IN SECURITIES CLASS ACTION AGAINST GOPRO, INC.

On February 6, 2017, Senior District Judge Claudia Wilken of the United States District Court for the Northern District of California appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in Bielousov v. GoPro, Inc., et al., No. 4:16-CV-06654-CW. For further inquiries regarding this matter, please contact... READ MORE

3
Feb
2017

F&F Wins Significant Appeal against Verizon Communications, Inc.

The New York Appellate Division, First Department, reversed a lower court’s rejection of the settlement for equitable relief in Gordon v. Verizon, 2017 NY Slip Op 00742 (1st Dep’t February 2, 2017)  holding that settlements for additional internal corporate information and governance reforms continue to serve as “a useful... READ MORE

23
Jan
2017

James (Josh) M. Wilson and Adam Steinfeld made partners with the Firm

Faruqi & Faruqi is pleased to announce that Josh Wilson and Adam Steinfeld are now partners with the Firm.  Josh continues to litigate in securities matters on behalf of investors nationwide. Adam continues to practice in the area of antitrust litigation. Congratulations Josh and... READ MORE

19
Jan
2017

Peter Kohn and Joseph T. Lukens were both honored with the designation of Super Lawyer for 2017

Peter Kohn and Joseph T. Lukens, Partners of Faruqi & Faruqi, LLP, were both honored with the designation of Super Lawyer in Pennsylvania for the year 2017. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer... READ MORE

12
Jan
2017

Faruqi Firm Files Antitrust Case Over ADHD Medication

On January 11, 2017, Faruqi & Faruqi, LLP filed a federal antitrust class action case against brand and generic manufacturers of ADHD drug, Intuniv.  The complaint alleges that the companies, Shire and Actavis, violated the antitrust laws by entering into an anticompetitive agreement that delayed generic competition for Intuniv. ... READ MORE

9
Jan
2017

Faruqi & Faruqi files slack-fill case against Nestle’ U.S.A., Inc.

On January 3, 2017, Faruqi & Faruqi, LLP filed a federal consumer class action case against Nestle’ U.S.A., Inc. for allegedly under-filling its opaque theater box Raisinets products to the detriment of unsuspecting consumers. The case was filed in the United States District Court for the Central District of... READ MORE

6
Jan
2017

Faruqi & Faruqi files cases against generic drug manufacturers

On December 27 & 28, 2016, Faruqi & Faruqi, LLP filed several cases against generic drug manufacturers for allegedly conspiring to raise the prices of generic divalproex ER, desonide, pravastatin, econazole, fluocinonide, levothyroxine, propranolol, and clobetasol. The firm represents classes of direct purchasers of the generic drugs and is... READ MORE

16
Dec
2016

Faruqi & Faruqi, LLP announces preliminary approval of settlement in In re Dynavax Technologies Corporation Securities Litigation

Faruqi & Faruqi LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Dynavax Technologies Corp. Sec. Litig., Case No: 3:13-CV-02796-CRB.  The settlement provides for a cash payment of $4.5 million in exchange for plaintiffs’ release of all claims alleged in the action. ... READ MORE

Page 1 of 7 (129 Items)