News

July 15, 2015

Ploss, et al. v. Kraft Foods Group, Inc., et al., 15-cv-2937 (N.D. Ill.)

On July 15, 2015, the Honorable Edmond E. Chang appointed Lovell Stewart as co-lead counsel for the Plaintiff class in this action alleging manipulation of Chicago Board of Trade soft red winter wheat futures contracts, particularly between November… More

June 25, 2015

In re Facebook Inc. IPO Securities and Derivative Litigation, (NASDAQ Actions) MDL No. 12-2389 (RWS)

On June 25, 2015, the Honorable Robert W. Sweet preliminarily approved Plaintiffs' $26.5 million settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market and certain individual defendants on behalf of a class of investors… More

June 22, 2015

In re Optiver Commodities Litigation, 08-cv-6842 (S.D.N.Y.)

On June 22, 2015, the Honorable Loretta A. Preska, Chief Judge of the United States District Court, Southern District of New York, granted Plaintiffs’ motion for final approval of a proposed class action settlement of Plaintiffs’ claims that… More

June 8, 2015

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

On June 8, 2015, the Honorable Katherine B. Forrest preliminarily approved Plaintiffs’ settlement with Parnon Energy Inc., Arcadia Petroleum Ltd., Arcadia Energy (Suisse) SA, James T. Dyer, and Nicholas Wildgoose (“Defendants”). Plaintiffs… More

April 27, 2015

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

On April 27, the Honorable John G. Gleeson preliminarily approved the Plaintiffs settlement of the severed claims for $100,000,000 with Defendants (1) Hankyu Hanshin Express Holding Corporation f/n/a Hankyu Express International Co., Ltd. and its… More

April 23, 2015

In re Facebook Inc. IPO Securities and Derivative Litigation, (NASDAQ Actions) MDL No. 12-2389 (RWS)

On April 23, 2015, Plaintiffs agreed to a $26,500,000 settlement with The NASDAQ OMX Group, Inc. (“NASDAQ”), The NASDAQ Stock Market (the “Exchange”) and certain individual defendants on behalf of a class of investors who suffered losses… More