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In re: Dell Tech. Inc. Class V Stockholders Litig.
Publication Date: 2020-06-24
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Ned Weinberger, Derrick Farrell, Mark Richardson, Thomas Curry and Dominic Minerva, Labaton Sucharow LLP, Wilmington, DE and New York, NY; David M. Cooper, Silpa Maruri, Dominic Pody and James Meehan, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Peter B. Andrews, Craig J. Springer and David Sborz, Andrews & Springer LLC, Wilmington, DE; Chad Johnson and Noam Mandel, Robins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman and David F.E. Tejtel. Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiffs.
For defendant: Gregory P. Williams, John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; John L Latham, Cara M. Peterman and Gidon M. Caine, Charles W. Cox, Alston & Bird LLP, Atlanta, GA, Palo Alto, CA and Los Angeles, CA for defendants Dell, Durban, Patterson and Kullman. Martin S. Lessner, Elena C. Norman, James M. Yoch, Jr. and Lauren Dunkle Fortunato, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; James G. Kreissman, Stephen P. Blake and David Elbaum, Simpson Thacher & Bartlett LLP, New York, NY for defendant Silver Lake Group LLC. Kevin G. Abrams, Michael A. Barlow and April M. Kirby, Abrams & Bayliss LLP, Wilmington, DE; Michele D. Johnson, Kristin N. Murphy and Ryan A. Walsh, Latham & Watkins LLP, Costa Mesa, CA for defendants Green and Dorman.
Case number: D69027

Plaintiffs alleged sufficient facts to trigger the entire fairness standard of review, so the court denied defen-dants' motion to dismiss.

June 04, 2020 | The Recorder

In $4B Apple Securities Class, Judge Moves to Bump Labaton for Robbins Geller

What's so unusual is how U.S. District Judge Yvonne Gonzalez Rogers has handled competing claims by Labaton Sucharow and Robbins Geller to lead the nearly $4 billion case against Apple.
4 minute read
June 04, 2020 | Litigation Daily

Daily Dicta: In $4B Apple Securities Class, Judge Moves to Bump Labaton for Robbins Geller

What's so unusual is how U.S. District Judge Yvonne Gonzalez Rogers has handled competing claims by Labaton Sucharow and Robbins Geller to lead the nearly $4 billion case against Apple.
4 minute read
May 18, 2020 | Litigation Daily

Daily Dicta: Plaintiffs Lawyers Tag-Team World Wrestling Entertainment in Securities Fraud Suits

Plaintiffs blame WWE's deteriorating relationship with Saudi Arabia—which they say "spiraled out of control" and culminated in a near hostage situation involving WWE wrestlers—for the huge stock drop.
5 minute read
May 13, 2020 | Law.com

What's Next: Contact Tracing COVID-19 v. Our Privacy + Facebook to Burn Facial Recognition Templates + What Ross Intelligence Has to Say About Thomson Reuters Copyright Suit

As the U.S. death toll from the coronavirus pandemic passes 80,000, more Americans might prioritize public health and put aside a distrust of Big Tech and everyday privacy intrusions.
10 minute read
April 09, 2020 | Litigation Daily

Daily Dicta: Tide Turns Against Goldman Sachs in $13B Class Action

"We believe that our appeal raises important and recurring legal issues impacting securities class actions generally. We intend to ask the full Second Circuit to review this decision," said Goldman spokeswoman Maeve DuVally.
6 minute read
April 07, 2020 | Law.com

Compliance Hot Spots: Meet Brian Miller, Trump's Pandemic IG Pick | False Claims and Covid-19 | Kathy Ruemmler's Leaving Latham | Who Got the Work

Welcome to Compliance Hot Spots, and we hope you, colleagues and family are safe. Brian Miller, the White House lawyer up for special inspector general for pandemic recovery, has said a lot about independence and congressional oversight. Plus: the False Claims Act and COVID-19. Thanks for reading, and be well.
8 minute read
March 31, 2020 | Corporate Counsel

Listen Up: Company Ignored Compliance Officer Who's Now $450K Richer as Whistleblower

The whistleblower "made reasonable efforts to work within the company's compliance structure, suffered unique hardships as a result, and reported to the commission after the requisite time period had passed," said Jane Norberg, head of the SEC's Whistleblower Office.
3 minute read
In re: AmTrust Fin. Serv., Inc. Stockholder Litig.
Publication Date: 2020-03-11
Practice Area: Mergers and Acquisitions
Industry: Insurance | Investments and Investment Advisory
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys:
For plaintiff: Ned Weinberger, Thomas Curry and Mark D. Richardson, Labaton Sucharow LLP, Wilmington, DE; Jay W. Eisenhofer, Mi-chael J. Barry and Kyle J. McGee, Grand & Eisenhofer P.A., Wilmington, DE; Marcus E. Montejo, Stephen D. Dargitz and John G. Day, Prickett, Jones & Elliott, P.A., Wilmington, DE; Carl L. Stine, Adam J. Blander and Antoinette Adesanya, Wolf Popper LLP, New York, NY; Jeremy Friedman, Spencer Oster and David Tejtel, Friedman Oster & Tejtel, PLLC, New York, NY; Eric L. Zagar, Robin Winchester, Michael C. Wagner and Christopher M. Windover, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; David Wales and Edward Timlin, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Joseph E. White, III, Adam D. Warden, Steven B. Singer and Joshua Saltzman, Saxena White P.A., Boca Raton, FL and White Plains, NY for plaintiffs.
For defendant: Edward B. Micheletti and Bonnie W. David, Skadden, Arps, Slate, Meagher & Flow LLP, Wilmington, DE for Stone Point, Trident and Parallel Fund defendants. Gregory P. Williams, Blake Rohrbacher, Daniel E. Kaprow and Ryan D. Konstanzer, Richards, Layton & Finger, P.A., Wilmington, DE; Tariq Mundiya and Sameer Advani, Willkie Farr & Gallagher LLP, New York, NY for defendants DeCarlo, Fisch, Gulkowitz and Rivera. Daniel A. Mason, Andrew G. Gordon and William A. Clareman, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE and New York, NY for Zyskind, Karfunkel and Ev-ergreen defendants.
Case number: D68906

Plaintiffs alleged sufficient facts to support a reasonable inference that certain defendants participated in a breach of fiduciary duty, so the entire fairness standard applied. The court dismissed the remainder of plaintiffs' claims.

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