Bernstein Litowitz News Today

The Delaware court could pay the firm up to one-third of the ‘benefit conferred’ by the ruling – in other words, how much value was restored to shareholders.

NEW YORK (Legal Newsline) - Two counts of a securities class action against a company that provides infrastructure for data centers should proceed, a U.S. magistrate judge has recommended.

LOS ANGELES (Legal Newsline) - Two of the main shareholder class action law firms are competing to lead litigation against Beyond Meat over allegations it deceived investors with claims of partnerships with large-scale chains like McDonald's.

CHICAGO (Legal Newsline) - The maker of contaminated infant formula is fighting a lawsuit over a drop in its stock price, saying class action lawyers' reliance on "confidential sources" isn't enough to sustain their case.

NEW YORK (Legal Newsline) - The firm Robbins Geller will lead shareholder litigation against Dentsply, the world's largest producer of professional dental products.

LOS ANGELES (Legal Newsline) - A union's retirement fund is suing Beyond Meat in a shareholder class action, claiming it deceived investors with claims or large-scale partnerships with chains like McDonald's.

Faced with an extraordinary flood of objections from AMC Entertainment Holdings Inc investors who are suspicious of a proposed $129 million settlement on their behalf, a Delaware judge on Saturday ordered the movie theater company to throw open access to all of the evidence underpinning the deal.

Litigants and their lawyers often seek to retroactively seal or pseudonymize cases. Courts sometimes allow this, but often reject it. In particular, that a…

(The opinions expressed here are those of the author, a columnist for Reuters.)

WILMINGTON, Del. (Legal Newsline) - The fact the Justice Department sued Amerisource Bergen for allegedly fueling the opioid crisis isn’t enough to reopen a shareholder derivative lawsuit seeking money from the company’s officers and directors, a Delaware court ruled.