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Quinn Emanuel urged a California federal judge on Monday to let the firm withdraw as counsel for a broke Indian yarn company that was ordered to pay $8.9 million to two U.S. cotton suppliers after an unsuccessful antitrust suit against them…. Read this piece in its entirety at Law360.
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Dell Inc. has agreed to pay $21 million to resolve a shareholder suit over the events leading up to a one-day, 17% drop in the computer company’s stock price in 2012 after it reported quarterly cash flow that was nearly a half-billion dollars below expectations… Read this piece in its entirety at Law360.
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The U.S. Commodity Futures Trading Commission on Monday announced that a precious metals trader and his former company will pay more than $1.1 million to resolve charges the trader manipulated gold and silver markets by “spoofing” them with fake orders… Read this piece in its entirety at Law360.
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Two members of an immigrant advocacy group on Monday became the first individuals to join a raft of governments and institutions challenging a recent Trump administration rule that makes it harder for immigrants who may need public benefits to get legal status in the U.S… Read this piece in its entirety at Law360.
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A New York judge refused to greenlight a proposed settlement in a case challenging Xerox Corp.’s abandoned merger with Fujifilm Holding Corp., which was once valued at $6.1 billion, saying the investors leading the suit aren’t fit representatives for the proposed class… Read this piece in its entirety at Law360.
