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 ...
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, ...
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. ...
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! ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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 ...
Faruqi & Faruqi recognized as one of the Top Law Firms representing plaintiffs (2009-2016), Lex Machina Securities Litigation Report 2017
Faruqi & Faruqi recognized as one of the Top Law Firms representing plaintiffs (2009-2016), Lex Machina Securities Litigation Report 2017 Click here to read the Law360 article. ...
Faruqi & Faruqi Obtains Significant Victory On Behalf of Consumers in Becerra et al. v. General Motors LLC
On March 10, 2017, the Honorable William Q. Hayes of the United States District Court for the Southern District of California denied, in part, Defendant's Motion to Dismiss in Becerra et al. v. General Motors LLC, No. 15-cv-02365. Judge Hayes found that ...
Faruqi & Faruqi, LLP Reaches Settlement On Behalf Of Investors In Acadia Pharmaceuticals Inc.
Faruqi & Faruqi, LLP is pleased to announce that on March 13, 2017, Lead Plaintiffs, on behalf of themselves and a class of all persons who purchased or otherwise acquired publicly-traded ACADIA common stock and/or call options in the United States or ...
Faruqi & Faruqi, LLP Reaches Settlement On Behalf Of Shareholders Of Geron Corporation
Faruqi & Faruqi is pleased to announce that on March 2, 2017, Lead Plaintiff Vinod Patel, on behalf of himself and a class of all persons who purchased Geron common stock between December 10, 2012 and March 11, 2014, reached a settlement with Geron Corporation, ...
Faruqi & Faruqi obtains Collective Certification on behalf of Aldi Store Managers
On February 22, 2017, the Honorable Andrew Baxter of the United States District Court for the Northern District of New York conditionally certified a collective action brought by Aldi Store Managers alleging the grocery chain misclassified them as exempt ...
Court Grants Class Certification to Direct Purchasers of Lidoderm in Antitrust Case and Appoints Faruqi & Faruqi Co-Lead Counsel
On February 21, 2017, the Honorable William H. Orrick of the United States District Court for the Northern District of California certified a class of direct purchasers of the pain medication patch Lidoderm in the antitrust case In re Lidoderm Antitrust ...
Court Grants Final Approval of Settlement in In re Dynavax Technologies Corporation Securities Litigation
On February 6, 2017, the Honorable Charles R. Breyer, United States District Judge for the Northern District of California, entered final approval of the settlement reached in In re Dynavax Technologies Corp. Sec. Litig., No: 3:13-CV-02796-CRB, for which ...