Court Grants Preliminary Approval of $120 Million Settlement for Direct Purchasers of Loestrin and Minastrin in Antitrust Case
In March, Chief Judge William E. Smith of the United States District Court for the District of Rhode Island preliminarily approved a $120 million settlement for direct purchasers of the birth control pills Loestrin 24 Fe and Minsatrin 24 Fe. See Order, ...
Features: David Calvello
Faruqi & Faruqi Commences Action Against HP Inc.
On April 10, 2020, Faruqi & Faruqi filed a consumer protection and false advertising class action against HP Inc. regarding the marketing and sale of certain color printers. The complaint seeks to hold HP liable for failing to adequately disclose that ...
Features: Timothy J. Peter
Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against FGL Holdings (FG)
Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No. 1:20-cv-03144 on behalf of shareholders of FGL Holdings ("FGL" or the "Company") (NYSE:FG) who have been harmed by ...
Features: James M. Wilson, Jr.
Faruqi & Faruqi, LLP Announces Preliminary Approval of a Settlement on Behalf of DPW Holdings, Inc. and its Shareholders
Faruqi & Faruqi, LLP, sole lead counsel, is pleased to announce that the Court has preliminarily approved a settlement in Ethan Young et al. v. Milton C. Ault, III et al., No. 2:18-6587-PA (C.D. Cal.), a shareholder derivative action brought on behalf ...
Faruqi & Faruqi, LLP Secures Preliminary Approval of a $2,083,333.33 Settlement for Revolution Lighting Techs., Inc. Investors
Faruqi & Faruqi, LLP is pleased to announce that the Court has preliminarily approved a settlement in In re Revolution Lighting Techs., Inc., Securities Litigation, No. 1:19-cv-00980-JPO (S.D.N.Y.), a federal securities class action pending in the U.S. ...
Features: Katherine M. Lenahan
SEC Announces Third Ever Whistleblower Award to Individual in Compliance-Related Role
A link to the SEC Order can be found here. ...
How the Coronavirus may affect your personal injury case
There is no doubt that our "new normal" is rapidly changing. In an effort to keep all New Yorkers safe, there have been a series of orders issued by the Governor and the courts. These new rules keep lawyers from their offices and have effectively shut ...
Workers’ Guide to COVID-19
WORKERS' GUIDE TO COVID-19 The outbreak of the novel coronavirus, or COVID-19, continues to create unforeseen employment issues for millions of Americans. Given the economic uncertainty created by the pandemic, Faruqi & Faruqi, LLP has prepared this guide ...
Faruqi & Faruqi Reaches Settlement on Behalf of Investors of Revolution Lighting Technologies, Inc.
Faruqi & Faruqi, LLP, Lead Counsel, is pleased to announce that Lead Plaintiff, on behalf of himself and the proposed class, reached a settlement with defendants Revolution Lighting Technologies, Inc. ("Revolution Lighting"), Robert V. LaPenta, Charles ...
US Securities Regulators Issue Warnings To Investors Regarding COVID-19 Fraud
As the negative financial effects of COVID-19 have spread across the nation, the Securities and Exchange Commission ("SEC"), the Commodity Futures Trading Commission ("CFTC"), and the Financial Industry Regulatory Authority ("FINRA") have issued alerts ...
Faruqi & Faruqi Defeats Motion for Interlocutory Appeal In Securities Class Action
On March 23, 2020, Judge Richard F. Boulware, II of the District of Nevada denied Defendant Tahoe Resources' motion to certify for interlocutory appeal the Court's June 19, 2019 order denying Defendants' motion to dismiss. The Court held that the issues ...
Features: James M. Wilson, Jr.
Reza Rezvani Selected As America's Top 100 Personal Injury Attorneys
Announcing the selection of Reza Rezvani among America's Top 100 Personal Injury Attorneys® for 2020. Selection to America's Top 100 Personal Injury Attorneys® is by invitation only and is reserved to identity the nation's most exceptional litigators ...
FARUQI & FARUQI COMMENCES ACTION AGAINST THE DIRECTORS AND OFFICERS OF VIVINT SOLAR
On March 10, 2020, Faruqi & Faruqi filed a shareholder derivative lawsuit in Delaware's Chancery Court against the board of directors and certain executive officers of Vivint Solar, Inc. ("Vivint Solar" or the "Company"). The lawsuit seeks to redress ...
Faruqi & Faruqi Selected Best Personal Injury Attorneys in New York City, 2020
Faruqi & Faruqi is named one of the top NYC personal injury law firms by Expertise, an independent rating service that hand-picks the most accomplished and qualified professionals. Expertise's stated goal is to connect people with the best local experts. ...
$1,000,000 Settlement for a Construction Worker during Jury Selection
Reza Rezvani recovered $1,000,000 for a construction worker who was injured on the job. Our client slipped and fell on construction rubble from excavation work which was not cleaned from the construction site. The failure to clear the debris was a violation ...
$1,500,000 Recovered for a Construction Worker on the eve of Trial
Reza Rezvani obtained a $1,500,000 settlement on behalf of a construction worker who was injured on a job site. Our client was working on a roof when he tripped on pieces of two by fours, which caused his right leg to go through a skylight. His other ...
Allergan Settles Restasis Antitrust Claims for $51.2 Million
On February 25, 2020, a class of direct purchasers of brand Restasis (cyclosporine) eye drops moved in the United States District Court for the Eastern District of New York (Gershon, J.) for an order preliminary approving a $51 million settlement reached ...
Features: Bradley J. Demuth
Faruqi & Faruqi Obtains Final Approval In Kona Beer Settlement On Behalf Of Consumers Valued By The Court At Over $13 Million
On February 6, 2020, Judge Beth Labson Freeman of the United States District Court for the Northern District of California granted final approval of a class-wide settlement involving Kona beer products. The settlement resolves a three-year long dispute ...
Features: Timothy J. Peter
Faruqi & Faruqi Obtains Final Approval In Asahi Beer Settlement That Confers on Consumers Benefit for $5,000,000
On January 14, 2020, Judge Amy D. Hogue of the Superior Court of California granted final approval of a class-wide settlement in a class action involving Asahi beer products. The settlement resolves a multi-year dispute challenging Asahi for misleadingly ...
Features: Timothy J. Peter
Court Appoints Faruqi & Faruqi, LLP Co-Lead Counsel in Securities Fraud Class Action Against Netflix, Inc.
On January 31, 2020, United States District Lucy H. Koh of the United States District Court for the Northern District of California appointed Faruqi & Faruqi, LLP to serve as Co-Lead Counsel in In re Netflix Inc. Securities Litigation, No. 5:19-cv-04195-LHK ...