News

March 29, 2016

Busher v. Barry, Jr. et al, 14-cv-04322-NSR-JCM

On March 28, 2016, the Honorable Nelson Román denied the Defendants' motion for summary judgment in its entirety. Lovell Stewart is lead counsel in this shareholder derivative action, alleging breach of fiduciary duty, unjust enrichment, and… More

March 9, 2016

Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08‑cv‑0042 (E.D.N.Y.)

On March 9, 2016, the Honorable Brian M. Cogan preliminarily approved the Plaintiffs settlement with the final non-settling Defendants, Defendants Hellmann Worldwide Logistics GmbH & Co. KG, Hellmann Worldwide Logistics Ltd. Hong Kong, and Hellmann… More

January 21, 2016

In re Crude Oil Commodity Futures Litig., 11-cv-03600 (S.D.N.Y.)

On January 21, 2016, the Honorable Katherine B. Forrest of the United States District for the Southern District of New York, granted final approval of this class action alleging manipulation of the prices of New York Mercantile Exchange (“NYMEX”… More

December 28, 2015

Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08‑cv‑0042 (E.D.N.Y.)

On December 28, 2015, the Honorable John G. Gleeson preliminarily approved the Plaintiffs settlement for $53,000,000 with Deutsche Post AG; Danzas Corporation (d/b/a DHL Global Forwarding); DHL Express (USA) Inc.; DHL Global Forwarding Japan K.K.;… More

December 23, 2015

Sullivan v. Barclays PLC et al., No. 13-cv-2811

On December 15, 2015, the Honorable P. Kevin Castel preliminarily approved Plaintiffs initial, ice breaker settlement of $94 million and substantial cooperation with Defendants Barclays plc, Barclays Bank plc and Barclays Capital Inc. (together… More

December 7, 2015

Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08‑cv‑0042 (E.D.N.Y.)

On December 7, 2015 Plaintiffs filed papers asking the court to suspend all deadlines in this case based on progress in potential settlement with the remaining Defendants. Lovell Stewart, one of Plaintiffs’ co-lead counsel, believes that the… More