• August 28, 2023 | Law.com

    AI Will Raise Novel Issues in Insurance Litigation: The Morning Minute

    The news and analysis you need to start your day.

    4 minute read

  • Arkansas Teacher Ret. Sys. v. Goldman Sachs Group Inc.

    Publication Date: 2023-08-23
    Practice Area: Class Actions
    Industry:
    Court: U.S. Court of Appeals for the Second Circuit
    Judge: Circuit Judge Richard C. Wesley
    Attorneys: For plaintiff: For Plaintiffs-Appellees: Kevin K. Russell, Goldstein & Russell, P.C., Bethesda, MD; Spencer A. Burkholz, Joseph D. Daley, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Thomas A. Dubbs, James W. Johnson, Michael H. Rogers, Irina Vasilchenko, Labaton Sucharow LLP, New York, NY, on the brief, Thomas C. Goldstein, Goldstein & Russell, P.C., Bethesda, MD. For Defendants-Appellants: Richard H. Klapper, David M.J. Rein, Benjamin R. Walker, Julia A. Malkina, Jacob E. Cohen, Sullivan & Cromwell LLP, New York, NY; Morgan L. Ratner, Sullivan & Cromwell LLP, Washington, D.C., on the brief, Robert J. Giuffra, Jr., Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellants: Audra J. Soloway, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, on the brief, Kannon K. Shanmugam, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington D.C. For Amicus Curiae Former United States Securities and Exchange Commission Officials and Law Professors in Support of Defendants-Appellants: Todd G. Cosenza, Willkie Farr & Gallagher LLP, New York, NY.
    for defendant: For Amicus Curiae Economic Scholars in Support of Defendants-Appellants: Victor L. Hou, Jared Gerber, on the brief, Carmine D. Boccuzzi, Jr., Cleary Gottlieb Steen & Hamilton LLP, New York, NY. For Amicus Curiae Securities Industry and Financial Markets Association, Bank Policy Institute, American Bankers Association, Chamber of Commerce of the United States of America, American Property Casualty Insurance Association in Support of Defendants-Appellants: Craig S. Waldman, Joshua C. Polster, Daniel H. Owsley, Simpson Thacher & Bartlett LLP, New York, NY; Ira D. Hammerman, Kevin Carroll, Securities Industry and Financial Markets Association, Washington, D.C.; Thomas Pinder, American Bankers Association, Washington, D.C.; Gregg Rozansky, Bank Policy Institute, Washington, D.C.; Tyler S. Badgley, U.S. Chamber Litigation Center, Washington, D.C.; Kenneth Stoller, American Property Casualty Insurance Association, Washington, D.C., on the brief, Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP, New York, NY. For Amicus Curiae Society for Corporate Governance in Support of Defendants-Appellants: Jeremy C. Marwell, James T. Dawson, Vinson & Elkins LLP, Washington, D.C.; Darla C. Stuckey, Randi V. Morrison, Society for Corporate Governance, New York, NY, on the brief, Christopher E. Duffy, Vinson & Elkins LLP, New York, NY. For Amicus Curiae Washington Legal Foundation in Support of Defendants-Appellants: George Anhang, Shearman & Sterling LLP, Washington, D.C.; William Marsh, Shearman & Sterling LLP, Dallas, TX; Cory L. Andrews, John M. Masslon II, Washington Legal Foundation, Washington, D.C., on the brief, Lyle Roberts, Shearman & Sterling LLP, Washington, D.C. For Amicus Curiae Financial Economists in Support of Plaintiffs-Appellees: Jeremy Lieberman, Emma Gilmore, Pomerantz LLP, New York, NY; Andrew L. Zivitz, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Stacey M. Kaplan, Kessler Topaz Meltzer & Check, LLP, San Fransisco, CA, on the brief, Ernest A. Young, Apex, NC. For Amicus Curiae Securities Law Scholars in Support of Plaintiffs-Appellees: Linnet R. Davis-Stermitz, Gupta Wessler PLLC, Washington, D.C.; Salvatore J. Graziano, Jai K. Chandrasekhar, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Joseph E. White, III, Saxena White P.A., Boca Raton, FL, on the brief, Deepak Gupta, Gupta Wessler PLLC, Washington, D.C. For Amicus Curiae Better Markets, Inc. in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C. For Amicus Curiae Former SEC Officials in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C.; Daniel P. Chiplock, Lieff Cabraser Heimann & Bernstein, LLP, New York, NY, on the brief, Carolyn E. Shapiro, Schnapper-Casteras PLLC, Washington, D.C.

    Case Number: 22-484

    Misrepresentations Did Not Impact Stock Price; Shareholder Class Decertified

  • August 14, 2023 | Texas Lawyer

    In 'Big Deal' Move, Baker Botts Promotes 3 Women Partners to Department Chair

    The corporate, intellectual property and litigation departments are now chaired by women partners, as Houston partner Danny David takes over as managing partner on Aug. 1.

    4 minute read

  • August 8, 2023 | New York Law Journal

    New York Legal Award Honorees Selected for 2023

    The full list of our honorees, including Lifetime Achievement Award Winners, Distinguished Leaders, Diversity Initiative Winners, In-House Impact Winners, Innovation Award Winners, Litigation Departments of the Year, Dealmakers of the Year, Rising Stars and the finalists for Attorney of the Year.

    6 minute read

  • August 8, 2023 | The American Lawyer

    Shearman, Simpson Guide KKR's $1.6B Buy of Simon & Schuster

    While most of the chatter around Shearman has been around its pending merger with A&O, the firm is still doing the good work while the vote looms.

    2 minute read

  • August 7, 2023 | The Legal Intelligencer

    The Staying Power of Small and Midsize Firms

    For the firms that seek to maintain long-term independence, remaining true to who they are and their original goals helps ensure their staying power, allowing them to remain a consistent partner to clients.

    6 minute read

  • August 4, 2023 | Law.com

    The Law Firm Disrupted: Bringing Struggling Lawyers Up to Speed. Now?

    Questions are swirling about how committed law firms really are about correcting performance issues given sputtering demand. But this legal talent startup is placing a bet there's an untapped market for its coaching services.

    5 minute read

  • July 26, 2023 | Texas Lawyer

    Texas, Arkansas, FTC Get Injunction Against Frisco Ponzi Scheme Defendants

    "During the COVID-19 pandemic, the Moores promised to 'bless' participants with large sums of money in exchange for up-front monetary contributions. The scam falsely promised investment returns as high as 800 percent," the Texas Office of Attorney General stated.

    3 minute read

  • July 19, 2023 | The American Lawyer

    American Lawyer Industry Awards and Litigation Departments of the Year Finalists Announced

    Finalists are named across categories including Best Firm of the Year, Managing Partner of the Year, Business Team of the Year, Young Lawyers of the Year and much more.

    5 minute read

  • June 29, 2023 | Law.com

    Twinette Johnson Named Permanent Dean of UDC Law

    Twinette Johnson "is a visionary and inclusive academic leader who will build on the strengths of the David A. Clarke School of Law's reputation across the District of Columbia and the nation in concert with the faculty, students, staff and alums," Lawrence T. Potter Jr., UDC's chief academic officer, said in a statement.

    4 minute read