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Shareholder Litigation To Watch: A Midyear Report

Law 360

Supreme Court arguments, the fate of a new wave of lawsuits against special purpose acquisition companies and the future of shareholder claims of artificial intelligence malfeasance are among the issues that securities practitioners are following as the second half of 2024 unfolds in the courts.

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Gilead Must Foot $1.8M Bill For 'Egregious' Litigation Conduct

Law 360

for "glaringly egregious" litigation conduct, ordering the company to pay nearly $1.76 million in attorney fees for shareholders who battled Gilead's "overly aggressive" efforts to shut down investigations into its potential malfeasance regarding its AIDS drug development.

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Lawsuits Renew Scrutiny of Big Banks’ Deceptive Practices on Cash Sweep Accounts

Intelligize Blog

The latest flurry of litigation follows a series of class-action cases against Ameriprise Financial, LPL Financial, Wells Fargo and Morgan Stanley regarding their cash sweep programs. Commentary from almost a decade ago suggests they won’t.

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DOJ Signals New Strategy For ‘Environmental Justice’

The Crime Report

Kim signaled that ENRD will “prioritize” prosecuting individuals who commit and profit from corporate malfeasance. “Development of that strategy is underway,” Kim added, “and is something that corporate compliance officers and outside counsel will want to consider upon its release.”

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Making Crypto Available to Everyone

InHouseOps

Since that time, I’ve parlayed my early litigation and investigation experience into non-traditional legal jobs. Corporate malfeasance, embezzlement, things that were happening inside very large corporations that required attention. That’s how I moved out west. I knew early on I wasn’t cut out to be a traditional attorney.

Legal 52
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Third-party arbitration funding – Comparative analysis and Indian Perspective

LexForti

It was clearly pronounced that “there appears to be no restriction on third parties (non-lawyers) funding the litigation and getting repaid after the outcome of the litigation” [18]. Litigation is a never-ending process and is only increasing in numbers as the hours pass by. Balaji [17]. It was observed in Otech Pakistan v.

Finance 52
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‘Invisibility’ of Prosecutor Misconduct Erodes Trust: PA Report

The Crime Report

In the absence of oversight boards and civil litigation, criminal charges against prosecutors and ethics board disciplinary measures are the only means of incentivizing appropriate prosecutorial actions.