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  • In re: Allergan ERISA Litig.

    Publication Date: 2020-10-05
    Practice Area: Employment Litigation
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Justice Jordan
    Attorneys: For plaintiff: Jacob H. Zamansky and Samuel E. Bonderoff (Zamansky, LLC); Gary S. Graifman (Kantrowitz Goldhammer & Graifman); Michael J. Klein (Abraham Fruchter & Twersky); Mark Levine; Patrick K. Slyne (Stull Stull & Brody)
    for defendant: Anjuli M. Cargain, Robert D. Eassa, and Paul J. Killion (Duane Morris); Joseph F. Falgiani, Joseph G. Harraka, Jr., David G. Tomeo, and Robert D. Towry (Becker, LLC)
    Case Number: 18-2729

    ERISA Action Arising from Alleged Stock Price Inflation Failed Where No Evidence Company Engaged in Unlawful Price-Fixing of Its Products

  • In re: Hertz Global Holdings Inc.

    Publication Date: 2018-10-01
    Practice Area: Securities Litigation
    Industry:
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Justice Jordan
    Attorneys: For plaintiff: Evan J. Kaufman and Samuel H. Rudman (Robbins Geller Rudman & Dowd); Douglas S. Wilens (Robbins Geller Rudman & Dowd); Peter S. Pearlman (Cohn Lifland Pearlman Hermann & Knopf)
    for defendant: Ross B. Bricker and Howard S. Suskin (Jenner & Block); Adam G. Unikowsky (Jenner & Block); Kevin H. Marino and John D. Tortorella (Marino, Tortorella & Boyle); David A. Kotler (Dechert); Andrew J. Levander (Dechert); Elliot Greenfield, Maeve L. O'Connor, and Edwin G. Schallert (Debevoise & Plimpton); Gregory A. Markel and Heather E. Murray (Seyfarth Shaw)
    Case Number: 17-2200

    Securities Fraud Action Dismissed Where Scienter Evidence Demonstrated Corporate Mismanagement Rather than Misconduct

  • In re: Hertz Global Holdings Inc.

    Publication Date: 2018-09-21
    Practice Area: Securities Litigation
    Industry:
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Justice Jordan
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 17-2200

    Plaintiffs, two pension funds, appealed from the dismissal of their complaint for failure to plead a strong inference of scienter in support of their putative securities fraud class action against defendant and its current and former executives.