On The Record

Second Quarter 2015

With well over $300 million in settlements just from the cases in this quarter’s On the Record newsletter, Robbins Geller’s attorneys continue to excel, whether relying on written briefs or speaking in front of a judge or jury. The Firm’s appellate team’s efforts were rewarded at the Supreme Court when the Court resolved a circuit split without adopting Omnicare’s contention that defendants’ statements were only actionable if subjectively disbelieved. The nine-year-old case will return to the district court for additional litigation. Robbins Geller is also pleased to report the preliminary approval of the settlement made on the brink of trial in the St. Jude Medical action, as well as two more large settlements in the Sprint and Duke Energy class actions.

Robbins Geller’s newsletter notes three new cases at the district court level where litigation teams defeated motions to dismiss, two in securities cases on behalf of shareholders, and one in an antitrust action against defendants including Goldman Sachs and JPMorgan in an alleged conspiracy to inflate commodity prices paid by aluminum purchasers. The publication also features articles on the SEC’s Disclosure Effectiveness Project and an update on proxy season 2015.

Cases may have class periods that range from days to years, and the cases may hinge on millions of pages of documents or on a single omission; yet the Firm has the intellectual and logistical resources to take on cases of any size and see them through to wherever the course of litigation might take them. Robbins Geller continues to offer not only exceptional litigation services for clients but also remains a leader in the advocacy for corporate governance improvements and shareholder rights.

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