Court Approves Settlement in Reconnaissance Energy Africa Ltd. Class Action Lawsuit
The British Columbia Supreme Court of Justice has approved the Settlement Agreement in Catherine Bowles v. Reconnaissance Energy Africa Ltd. (Court File No. VLC-S-S-233808) in a class action alleging the disclosure of unrealistic fracking intentions [...]
Taro Pharmaceutical Industries Reaches $36 Million Settlement in Class Action Lawsuit
Taro Pharmaceutical Industries agreed to a $36 million settlement in a long-running class action lawsuit alleging generic drug price-fixing that resulted in a U.S. Department of Justice antitrust investigation and over $200 million in criminal [...]
RCR Tomlinson Reaches $40 Million Settlement in Class Action Lawsuit
RCR Tomlinson agreed to a $40 million settlement in a long-running class action lawsuit alleging breaches of continuous disclosure laws and misleading and deceptive conduct relating to timing delays and cost overruns at several of [...]
Gregg Edwards is retained to offer expert testimony in class action against Aurora Cannibis
BMPC Canada represents a proposed class of investors in medical and recreational cannibis company, Aurora Cannibis, Inc. ("Aurora"). Plaintiff in this action alleges that Defendants made various misrepresentations and omissions regarding Aurora's expected future growth [...]
Ontario Court of Appeal reversed the Superior Court and granted Plaintiff leave to proceed with his claims against Lundin Mining Corp.
Strosberg Sasso Sutts LLP and Groia and Company Professional Corporation are counsel in a proposed class action in which plaintiff alleges that Lundin Mining Corp and certain of its officers and directors failed to disclose [...]
Paramount Global Agrees to $167.5 Million Settlement in Connection With 2019 CBS/Viacom Merger
Paramount Global agreed to a $167.5 million settlement to end a class action lawsuit alleging breaches of fiduciary duties in connection with the negotiation and approval of the 2019 merger between CBS Corporation and Viacom [...]
Coty Inc. Stockholders Reach $35M Settlement in Delaware Action
Coty Inc. ("Coty"), and its controlling shareholder JAB Holdings Co. ("JAB"), have agreed to pay $35 million to resolve claims involving "an opportunistically timed, inadequate, coercive, and misleading partial tender offer" that resulted in [...]
Judge granted preliminary approval of $40 million Immunomedics settlement
On February 23, 2023, a New Jersey federal judge granted preliminary approval of a $40 million settlement in Odeh v. Immunomedics, Inc., No. 2:18-cv-17645 (D. N.J.). The lawsuit alleged that Defendants made materially false and [...]
Trial begins in Sears Hometown & Outlet Stores Inc. Shareholder Litigation
Trial begins in Sears Hometown & Outlet Stores Inc. S’holder Litig., Del. Ch., No. 2019-0798. Plaintiffs in this matter allege that Eddie Lampert and his hedge fund forced a self-dealing buyout of Sears Hometown & [...]
Gregg Edwards is retained to offer expert testimony in class action against Australia’s RCR Tomlinson Limited
Quinn Emanuel Urquhart & Sullivan represents a class of investors in collapsed engineering group RCR Tomlinson which went into administration in 2018, three months after raising $100 million in an entitlement offer. Group members in [...]
Gregg Edwards provides expert testimony in securities class action against Immunomedics
Block & Leviton and Robbins, Geller, Rudman & Dowd LLP are co-lead counsel in a proposed class action alleging that Defendants made materially false and misleading statements and omissions about Immunomedics’ receipt of and approach to [...]
Court grants Plaintiff’s motion for class certification in Farmland class action
In a Tenth Circuit securities class action, Gregg Edwards was retained by Plaintiff to opine on market efficiency and class-wide damages for Farmland Partners, Inc. common stock. On September 30, 2021, Senior Circuit Judge David [...]