Examples of Federal Securities Class Action in a sentence
Count III’s operative facts, then, include those tending to show that these self-payments were invalid.Because claims settled in the Federal Securities Class Action Settlement do not share the same operative facts with claims asserted in Counts I–III of this action, that release does not preclude present claims under applicable law and, resultantly, its own express terms.
Federal Securities Class Action The Police & Fire Retirement System City of Detroit v.
Because the releases in both the Federal Securities Class Action Settlement and the Federal Derivative Action Settlement contain broadly inclusive language, Defendants argue that each precludes claims asserted in this action.
Baker, Griffith, McShane, & Watson, Predicting Securities Fraud Settlements and Amounts: A Hierarchical Bayesian Model of Federal Securities Class Action Lawsuits, 9 J.
Federal Securities Class Action Cheetah Mobile announced that a federal securities class action was filed against the Company on November 8, 2017, with allegations based on a short report issued on October 26, 2017.
Subsequently, the parties to the Actions stipulated to a stay of both the Federal Derivative and State Derivative Actions pending a resolution of the Company’s motion to dismiss the matter of Federal Securities Class Action.
Based on the involvement and participation by Judge Weinstein in the mediation and negotiations of the Settlement, Judge Weinstein, Plaintiffs, and Sequenom all believe that the filing and prosecution of the derivative actions in the Litigation were substantial material factors which were considered, among other factors, in securing $14 million in director and officer insurance carrier proceeds for the Company to assist in settling the Federal Securities Class Action.
RELEASED CLAIMS SHALL NOT INCLUDE: (i) any and all non-derivative claims that have been asserted or may be asserted in the Federal Securities Class Action; (ii) any and all rights or claims the Released Persons may have under any policies of insurance or for advancement and indemnification, including contribution, attorney’s fees and costs; and (iii) the right of any Settling Party to bring suit to enforce this Stipulation.
Xxxxxxxxx and InterDigital Communications Corporation (the "Federal Securities Class Action") or such lawsuits have been settled by the parties thereto.
On July 1, 2009, Judge Illston granted in part and denied in part the Company’s motion to dismiss the Federal Securities Class Action, granting the securities plaintiffs leave to amend their complaint.