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April 24, 2024 | New York Law Journal

Wilson, Lippman to Discuss Life as NY's Top Judge During Albany Law School Talk

Albany Law Professor Vincent Bonventre credits Chief Judge Rowan Wilson for understanding the high court's recent difficulties and the work that's needed to remedy that.
4 minute read
April 24, 2024 | Litigation Daily

Latham's 7-Year Fight to Reshape New York City Property Taxes

The firm won a ruling from New York's high court last month finding the city's property tax system was "unfair, inequitable and has a discriminatory disparate impact on certain protected classes of New York City property owners."
6 minute read
April 23, 2024 | New York Law Journal

Attorney Asks Appeals Court To Toss 'Burdensome' 20-Year FOIL Request for State Police Disciplinary Records

The Empire State's attorney countered by painting the New York Civil Liberties Union's request for 20 years' of state troopers' disciplinary records as "unduly burdensome," while estimating that it would take a full-time employee working on nothing else about 22 years to respond, and a part-time employee more than 40 years.
4 minute read
April 23, 2024 | The American Lawyer

Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive

The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.
7 minute read
April 23, 2024 | Corporate Counsel

Etsy Welcomed Aboard Ex-Facebook GC Colin Stretch With Baskets of Stock

Stretch joined the e-commerce company as chief legal officer in February 2023, his first in-house role since his 2013-19 run as the social media company's general counsel.
2 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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April 23, 2024 | New York Law Journal

Attorneys 'On the Move': Proskauer Adds Private Client Services Partner; Sheppard Mullin Recruits Loeb & Loeb Entertainment Litigator

And other announcements of recent hirings and promotions of New York attorneys.
5 minute read
April 22, 2024 | The American Lawyer

A&O and Shearman Continue Lateral Hiring as Merger Date Approaches

Both law firms have continued to add, and lose, partners in the lead-up to the merger.
4 minute read
April 22, 2024 | Delaware Law Weekly

Antitrust Class Actions Surge Soaring Sugar Prices

The sugar producers insist the cases should go to the District of Delaware and, specifically, U.S. District Judge Maryellen Noreika, who oversaw the DOJ's four-day bench trial.
5 minute read
April 22, 2024 | Law.com

Soaring Sugar Prices Not So Sweet: Antitrust Class Actions Surge

Two years after the U.S. Department of Justice failed to block a $315 million merger between United States Sugar Corp. and Imperial Sugar Co., antitrust lawyers have lodged nearly two dozen class actions at the sugar industry.
5 minute read
In re: Walmart Inc. Sec. Litig.
Publication Date: 2024-04-22
Practice Area: Securities Litigation
Industry: Retail
Court: U.S. District Court of Delaware
Judge: District Judge Connolly
Attorneys:
For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Sara Fuks, The Rosen Law Firm, P.A., New York, NY for plaintiffs.
For defendant: Robert W. Whetzel, Raymond J. DiCamillo, John M. O'Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Sean M. Berkowitz, Nicholas J. Siciliano, Latham & Watkins LLP, Chicago, IL for defendants.
Case number: 21-55-CFC

Stockholders failed to adequately plead that securities filings were materially false or misleading where statements adequately conveyed that the company was subject to investigations and securities laws did not require corporations to guess as to the likely outcome of such investigations.

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