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16 Oct 2017

Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Class Action Against Asahi Beer U.S.A., Inc.

On October 16, 2017, United States District Court Judge John A. Kronstadt of the Central District of California denied in its entirety Asahi Beer U.S.A.'s motion to dismiss. The Court sustained plaintiffs' claims alleging that Asahi Beer misleads consumers ...

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11 Oct 2017

Faruqi & Faruqi, Co-Lead Counsel, Announce Final Approval of a $5.6 Million Settlement in the CPA Global Class Action

Honorable T.S. Ellis, III of the United States District Court for the Eastern District of Virginia granted Final Approval of the Class Action Settlement in Run Them Sweet, LLC et al. v. CPA Global, Ltd. et al., No. 16-cv-1347. Faruqi & Faruqi, as co-lead ...

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04 Oct 2017

Faruqi & Faruqi, Lead-Counsel, Announces Final Approval of Settlement on Behalf of Sales Agents in the Safe Auto Wage & Hour Class Action

Faruqi & Faruqi is pleased to announce final approval of the hard-fought settlement in Strong et al. v. Safe Auto Insurance Group, Inc. et al., No. 16-cv-765, in the United States District Court for the Southern District of Ohio. The class action settlement ...

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03 Oct 2017

Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval of Historic Data Breach Shareholder Derivative Case, In re The Home Depot Shareholder Derivative Litigation

On October 2, 2017, the Honorable Thomas W. Thrash, Jr., Chief Judge of the United States District Court for the Northern District of Georgia, granted final approval of the proposed settlement in In re The Home Depot, Inc., Shareholder Derivative Litigation, ...

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15 Sep 2017

Faruqi & Faruqi, LLP, Co-Lead Counsel, Obtains Final Court Approval of $5.9 Million Settlement on Behalf of Comverge, Inc. Shareholders

On September 8, 2017, the Honorable Tamika Montgomery-Reeves, Vice Chancellor of the Delaware Court of Chancery, granted final approval of the proposed settlement in In re Comverge Shareholders Litigation, C.A. No. 7368-VCMR. F&F, as co-lead counsel, ...

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15 Sep 2017

Faruqi & Faruqi, LLP, Lead Counsel, Secures Preliminary Approval of a $13 Million Settlement in In re Avalanche Biotechnologies, Inc. Shareholder Litigation

Faruqi & Faruqi, LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Avalanche Biotechnologies, Inc. Shareholder Litigation. The settlement provides for a cash payment of $13 million in exchange for the release of ...

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03 Aug 2017

Faruqi & Faruqi Defeats Motion To Dismiss in Consumer Class Action against Craft Brew Alliance, Inc.

On August 3, 2017, United States District Court Judge Beth Labson Freeman of the Northern District of California largely denied a motion to dismiss filed by Craft Brew Alliance, Inc ("CBA"). The Court sustained a number of claims alleging that CBA mislead ...

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28 Jul 2017

Faruqi & Faruqi Defeats Motion To Dismiss in Securities Action against GoPro, Inc.

On July 26, 2017, United States District Court Judge Claudia Wilken of the Northern District of California denied a motion to dismiss filed by GoPro, Inc. ("GoPro") and certain of its executive officers and directors. The Court sustained claims alleging ...

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21 Jul 2017

Faruqi & Faruqi, LLP, Lead Counsel, Obtains Final Court Approval Of $6.25 Million Settlement In In re Geron Corporation Securities Litigation

On July 21, 2017, the Honorable Charles R. Breyer, United States District Judge for the Northern District of California, granted final approval of the settlement reached in In re Geron Corp. Sec. Litig., No: 3:14-CV-01224-CRB, for which Faruqi & Faruqi, ...

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20 Jul 2017

F&F Opens Atlanta Office

Faruqi & Faruqi is pleased to announce the opening of its new Atlanta, Georgia office. The Atlanta Office will be headed by Bob Killorin, who is now a partner with the Firm. ...

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20 Jul 2017

Atlanta lawyer, Robert Killorin, joins F&F as Partner

Robert (Bob) Killorin, an established Atlanta trial lawyer, is now a member of the Firm. Bob will continue to litigate securities matters and consumer class actions nationwide. Congratulations and best wishes to Bob! ...

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07 Jul 2017

Faruqi & Faruqi, Co-Lead Counsel, Announces Final Approval of $51 Million Settlement on Behalf of Consumers in Foster, et al. v. L-3 Communications EOTech, Inc., et al.

The Honorable Brian C. Wimes, United States District Court for the Western District of Missouri, granted Final Approval of the Class Action Settlement in Foster, et al. v. L-3 Communications EOTech, Inc., et al., No. 15-cv-03519. The Settlement represents ...

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13 Jun 2017

Faruqi & Faruqi, LLP, Wins Appeal in Caraco M&A Litigation

Faruqi & Faruqi, as co-lead counsel, is pleased to announce that the Michigan Appeals Court reversed and remanded the trial court's decision dismissing the complaint in In re Caraco Pharmaceutical Laboratories Shareholder Litigation. This is a great victory ...

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12 Jun 2017

Faruqi & Faruqi, LLP Announces Preliminary Approval Of Settlement In Rihn v. ACADIA Pharmaceuticals Inc.

Faruqi & Faruqi, LLP, sole lead counsel, is pleased to announce that the Court has preliminarily approved a settlement in Rihn v. ACADIA Pharmaceuticals Inc., Case No.: 15-CV-00575-BTM-DHB. The settlement provides for a cash payment of $2.925 million ...

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08 May 2017

In re Lidoderm Antitrust Litigation, No. 14-md-2521-WHO (N.D. Cal.)

Important information for direct purchasers of Lidoderm about class certification. Click here for more information. ...

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02 May 2017

Faruqi & Faruqi Achieves Historic Settlement in In re The Home Depot, Inc. Shareholder Derivative Litigation

Faruqi & Faruqi, as co-lead counsel, achieved the first settlement ever in a data breach shareholder derivative lawsuit. On April 21, 2017, Plaintiffs Cora Frohman and Mary Lou Bennek, on behalf of nominal defendant, The Home Depot (the "Home Depot" or ...

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21 Apr 2017

Ninth Circuit Lowers the Pleading Bar for “Fake Sale” Cases

Earlier this week, the Ninth Circuit Court of Appeals reversed a lower court's decision dismissing a "fake sale" suit for lack of specificity. The class action suit brought by a California consumer alleges that defendant Neiman Marcus engaged in deceptive ...

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17 Apr 2017

California’s Supreme Court pushes back on Concepcion

In a unanimous ruling earlier this month, the Supreme Court of California held that an arbitration agreement waiving the public's right to seek class-wide injunctive relief violates public policy and is therefore unenforceable. The landmark decision in ...

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10 Apr 2017

Faruqi & Faruqi, Llp Announces Preliminary Approval Of Settlement In In Re Geron Corporation Securities Litigation

Faruqi & Faruqi LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Geron Corp. Sec. Litig., Case No: 3:14-CV-01224-CRB. The settlement provides for a cash payment of $6.25 million in exchange for the release of ...

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22 Mar 2017

Faruqi & Faruqi Reaches Settlement On Behalf Of Shareholders Of Avalanche Biotechnologies, Inc.

Faruqi & Faruqi is pleased to announce that on March 16, 2017, Plaintiffs, on behalf of themselves and a class of all persons who purchased the common stock of Avalanche Biotechnologies, Inc. ("Avalanche) traceable to the Avalanche IPO seeking to pursue ...

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