It's up to Willkie's Richard Bernstein and Andrew Clubok of Kirkland & Ellis, who are jointly defending Facebook, to fend off a consolidated securities class action complaint due at the end of the month in the IPO litigation. A ruling this week dismissing related derivative claims is good news for the defense, but the case is just getting started.
Dismissals Don't Bode Well for Facebook IPO Plaintiffs, But It's Early Yet
The Litigation Daily
February 14, 2013
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