Securities Motion to Dismiss Trends (Part 1): The Northern District …

22 hours ago  · In this article, the first in a three-part series on this central topic in the world of D&O risk, my colleague Walker Newell takes a close look at some recent trends in motion to …


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Northern Trust $6.9 Million Target Date Fund Settlement Gets Nod

17 hours ago

2 days ago  · ERISA lawsuit advanced past motion to dismiss in 2022 Allstate recently defeated claims over Northern Trust funds Northern Trust Co.'s $6.9 million class settlement over the in …

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FAQs about Securities Motion to Dismiss Trends (Part 1): The Northern District … Coupon?

Which states are hearing crypto securities class actions?

Other jurisdictions hearing crypto securities class actions are the District of Connecticut (1); District of Delaware (1); District of New Jersey (1); District of Massachusetts (1); District of Nevada (1); and Western District of Texas (1). ...

Is Sobel v Thompson based on Section 10(b) of the Exchange Act?

Sobel v. Thompson, No. 1:21-CV-272-RP, 2023 WL 4356066, at *1 (W.D. Tex. July 5, 2023). While the underlying claim was based on Section 10 (b) of the Exchange Act rather than Section 14, the court’s analysis was similar. ...

Can a section 14(a) derivative action be brought in a forum?

Because Section 27 of the Exchange Act gives federal courts exclusive jurisdiction over Section 14 (a) claims, enforcing the bylaw provision would effectively prohibit a Section 14 (a) derivative action from being brought in any forum. ...

What does the Ninth Circuit's en banc decision mean for Delaware companies?

The Ninth Circuit’s en banc decision is a favorable development for companies that have adopted bylaws channeling derivative suits to the Delaware Court of Chancery to avoid the costs and burdens associated with numerous stockholders challenging a single corporate action in multiple suits in different courts. ...

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