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Weil Overdid Merger Docs Redactions, Rite Aid Investors Say

ADVERTISEMENT Weil Overdid Merger Docs Redactions, Rite Aid Investors Say Law360 (June 7, 2021, 8:55 PM EDT) Weil Gotshal & Manges LLP excessively redacted large swaths of its communications with Walgreens executives when turning over documents to Rite Aid investors suing over the companies failed merger, an attorney for the investors told a Pennsylvania federal magistrate Monday. The letter from David Knotts of Robbins Geller Rudman & Dowd to Chief Magistrate Judge Karoline Mehalchick of Pennsylvania s Middle District said Weil was defying the court s Feb. 26 electronically stored information order to turn over the firm s communications regarding whether the Federal Trade Commission would approve the merger.

Notice of Lead Plaintiff Deadline for Shareholders in the Frequency Therapeutics, Inc Class Action

SAN DIEGO (BUSINESS WIRE) #FREQstock Robbins Geller Rudman & Dowd LLP announces that a class action lawsuit has been filed in the District of Massachusetts on behalf of purchasers of Frequency Therapeutics, Inc. (NASDAQ: FREQ) common stock between November 16, 2020 and March 22, 2021, inclusive (the “Class Period.

Zoom Moves to Dismiss Class Action Securities Suit

Tech your username 2 hours ago Late last week, Zoom Video Communications, Inc. filed a motion to dismiss the consolidated class action lawsuit alleging it overstated its data privacy and security measures and failed to disclose that its service is not end-to-end encrypted. California resident Michael Drieu filed the initial suit against the video communications application company in April of 2020 on behalf of all shareholders who acquired Zoom securities between April 18, 2019 and April 6, 2020. In the complaint, he claims that a series of news reports highlighting the company’s security concerns caused its stock prices to plummet and damaged investors. This suit was later consolidated with Brams v. Zoom Video Communications, Inc., and individual investor Adam Butt was named as the lead plaintiff.

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