Court Appoints Faruqi & Faruqi, LLP Lead Counsel in Securities Class Action Against Intercept Pharmaceuticals, Inc.
On June 1, 2018, United States District Judge Lewis A. Kaplan of the United States District Court for the Southern District of New York appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in DeSmet v. Intercept Pharmaceuticals, Inc., et al., No. 1:17-cv-07371-LAK. ...
Court Appoints Faruqi & Faruqi, LLP Lead Counsel In Securities Class Action Against Ohr Pharmaceutical, Inc.
On May 31, 2018, Senior Judge Loretta A. Preska of the United States District Court for the Southern District of New York appointed Faruqi & Faruqi, LLP to serve as Lead Counsel in Khanna v. Ohr Pharmaceutical, Inc. et al, No. 1:18-cv-01284-LAP. For further ...
Supreme Court Denies Barclays’ Petition for Certiorari In Dark Pool Case
On Monday, April 30, 2018, the Supreme Court denied Barclays PLC's ("Barclays") petition for certiorari seeking review of the Second Circuit's decision in Waggoner v. Barclays PLC, 875 F.3d 79 (2d Cir. 2017), affirming certification of a class of investors ...
Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Class Action Against Canada Dry Ginger Ale
On April 25, 2018, Judge Roseann A. Ketchmark of the Western District of Missouri denied Dr Pepper/Seven Up, Inc. and Dr Pepper Snapple Group, Inc.'s motion to dismiss in its entirety. The Court sustained plaintiff's allegations that Defendants mislead ...
Peter Kohn speaks at the ABA Section of Antitrust Law’s 66th Annual Spring Meeting
Peter Kohn was an invited speaker at the Antitrust Magazine and Health Care & Pharmaceuticals Committee program, Reverse Payment Settlements: Explaining "Large And Unexplained" on April 11 at the ABA Section of Antitrust Law's 2018 Spring Meeting in Washington, ...
Faruqi & Faruqi Announces Preliminary Approval Of Derivative Settlement In Kleinfeldt v. Sharing, et al. on Behalf of Natural Health Trends And Its Shareholders
Faruqi & Faruqi, LLP, is pleased to announce that the Honorable Terry J. Hatter, Jr. of the United States District Court of the Central District of California has preliminarily approved a settlement in Kleinfeldt v. Sharing, et al., Case No. 2:16-cv-01547. ...
Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval Of Shareholder Derivative Action Settlement On Behalf Of Chipotle Mexican Grill, Inc. And Its Shareholders
On April 4, 2018, the Honorable William J. Martinez, of the United States District Court of the District of Colorado granted final approval of the proposed settlement of the two federal court consolidated derivative cases: Gubricky v. Ells, et al., Civil ...
Faruqi & Faruqi Settles Lidoderm Antitrust Litigation For $166 Million
Faruqi & Faruqi's Peter Kohn was at the helm for direct purchasers during the lengthy and complex "pay for delay" antitrust case known as the Lidoderm Antitrust Litigation, pending in the United States District Court for the Northern District of California. ...
Faruqi & Faruqi Defeats Motion to Dismiss in Consumer Data Breach Class Action Against Arby's Restaurant Group Inc.
On March 5, 2018, United States District Court Judge Amy Totenberg of the Northern District of Georgia denied the majority of Arby's Restaurant Group Inc.'s ("Arby's") motion to dismiss. In its carefully considered 56-page opinion, the Court upheld a ...
Faruqi & Faruqi, Co-Lead Counsel, Obtains Final Court Approval Of Shareholder Derivative Action Settlement On Behalf Of CTI Biopharma, Corp. And Its Shareholders
On January 31, 2018, the Honorable Douglas North of the King County Superior Court in the state of Washington granted final approval of the proposed settlement of the two state court consolidated derivative cases: Hammond v. Bianco, et al., No. 16-2-05818-3, ...
Faruqi & Faruqi Obtains Final Court Approval Of $13 Million Settlement On Behalf Of Shareholders Of Avalanche Biotechnologies, Inc.
Faruqi & Faruqi is pleased to announce that on January 19, 2018, the Honorable Marie S. Weiner, Judge of the California Superior Court of San Mateo County, granted final approval of the global settlement reached in In re Avalanche Biotechnologies Securities ...
Faruqi & Faruqi Obtains Final Court Approval Of $2.95 Million Settlement In Rihn v. Acadia Pharmaceuticals, Inc. et al., 15-cv-00575-BTM-DHB (S.D. Cal.)
On January 8, 2018, the Honorable Barry Ted Moskowitz, Chief Judge of the United States District Court for the Southern District of California, granted final approval of the settlement reached in Rihn v. Acadia Pharmaceuticals, Inc. et al. Faruqi & Faruqi ...
Katherine Lenahan, Megan Sullivan and Nina Varindani are now partners of the firm.
Faruqi & Faruqi is proud to announce that Katherine Lenahan, Megan Sullivan and Nina Varindani have all been made partners of the Firm. Congratulations! ...
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 ...
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 ...
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 ...
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, ...
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, ...
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 ...
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 ...