Two months after opting out of a class action against Pfizer, a group of major public and private institutional investors are taking matters into their own hands. On Thursday the breakaway investors and their lawyers at Bernstein Litowitz filed their own securities fraud suit, accusing Pfizer of duping shareholders about risks associated with two once-blockbuster drugs.

American Airlines and US Airways are pushing back hard against the U.S. Department of Justice, filing court papers blasting the government’s bid to block their pending $11 billion merger.

At the Justice Department, Mendelsohn pushed to make Foreign Corrupt Practices Act cases a priority. In so doing, he generating a boom in demand for FCPA defense lawyers. Now he--and his new firm--are poised to benefit from his entry into the market he created.