Case Update (November 2019): Woolworths Limited Reaches Passive Registration Deadline Prior to December Mediation

CASE BACKGROUND Woolworths Limited (“Woolworths”), one of the largest Australian retail stores involved in a wide array of industries, is being investigated for breaching the Corporations Act by failing to keep investors informed of “significant risks” to its 2015 profit guidance. Law firm Maurice Blackburn has filed a shareholder class action against Woolworths stating that the company allegedly knew that Continue Reading

Euroyen Case Update (October 2019): Eight Japanese Banks Receive Preliminary Approval for $71M Settlement

On September 11, 2019, The Court entered into an agreement preliminary approving the proposed settlement of $71 million for eight Japanese banks. The total settlement is broken down into two groups of settling defendants: A $32 million settlement involving defendant banks Sumitomo Mitsui Trust Bank, The Bank of Yokohama Ltd., Shinkin Central Bank, The Shoko Chukin Bank Ltd. and Resona Continue Reading

ISDAfix Case Update (June 2018): Settlements for the Remaining Five Defendants Have Received Preliminary Approval

By Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies On Tuesday, June 26, 2018, U.S. District Judge Jesse M. Furman preliminarily approved the final proposed $96 million settlement with the remaining 5 defendants in the Alaska Electrical Pension Fund v. Bank of America Corp. et al (ISDAfix) antitrust class action lawsuit. The 5 remaining defendants include: BNP Paribas, Wells Fargo, ICAP Capital Continue Reading

Search Tags

Our Authors

Ally GosmanAlly Gosman

Sr. Marketing Specialist

Andrew LaskyAndrew Lasky

Manager, Client Product Strategy

Jenn RothenbergJenn Rothenberg

VP of Marketing

Mike LangeMike Lange

Securities Litigation Counsel

Latest News