To borrow a few of the words spoken in 1926 by F. Scott Fitzgerald to Ernest Hemingway in a quite distinct context, securities class action mediations “are different than” mediations of most other lawsuits.
One reason for this difference is that securities cases often have very large amounts of money at stake (hundreds of millions
Requests for the inspection of books and records pursuant to Section 220 of the Delaware General
Corporation Law is an important part of corporate litigation in Delaware. One important issue for these types of proceedings is the scope of documents that these types of requests can reach, particularly when it comes to privileged documents and
Greg Markel and Gina Ferrari wrote “Settling Securities Class Actions,” the cover article for the December issue of Practical Law magazine. You can view the article here.
We hope you find this article helpful and insightful.
In this article, Greg and Gina discuss the various tactical and strategic questions and concerns that can affect
Seyfarth Synopsis: Following Delaware’s lead in Trulia, an Illinois District Court judge refused to approve a mootness fee settlement as “worthless to the shareholders.” The judge noted that such settlements amounted to a plaintiffs’ bar “racket” with the goal of obtaining fees in cases that should be “dismissed out of hand.” Specifically, Judge Thomas M.