RCR Tomlinson Reaches $40 Million Settlement in Class Action Lawsuit

09/15/2023|Comments Off on 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

08/01/2023|Comments Off on 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.

05/24/2023|Comments Off on 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

04/21/2023|Comments Off on 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

03/30/2023|Comments Off on 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

02/23/2023|Comments Off on 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

02/21/2023|Comments Off on 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

05/18/2022|Comments Off on 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

05/03/2022|Comments Off on 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

09/30/2021|Comments Off on 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 [...]