Latest Personal Injury Law News

Lululemon Yoga Pants Cased Dismissed-Shareholders “Bummed Out”
Saturday April 19th 2014, 12:56 am Filed under Shareholder lawsuit

NEW YORK (Reuters) – Lululemon Athletica Inc, best known for their ultra-expensive and barely there yoga workout pants, stepped out of the courtroom drama victorious Friday morning, beating a shareholder lawsuit that accused 11 executives and directors of purposefully using low-quality material on their high-end goods. Shareholders accused the men of failing to disclose the [News Source]

Federal Court Grants Preliminary Approval Of Settlement In Abaxis Shareholder Lawsuit
Friday April 18th 2014, 4:00 pm Filed under Shareholder lawsuit

UNION CITY, Calif., April 18, 2014 /PRNewswire/ -- On April 15, 2014, the United States District Court for the Northern District of California, granted preliminary approval of a settlement that Abaxis, Inc. has reached with Plaintiff St. Louis Police Retirement System ("Plaintiff") in a shareholder class and derivative action that Plaintiff filed on October 1, 2012 on behalf of itself and all ... [News Source]

Poison Pill’s Relevance in the Age of Shareholder Activism
Friday April 18th 2014, 3:01 pm Filed under Shareholder lawsuit

Sotheby's adopted a poison pill to defend itself against an attempt by Daniel S. Loeb's Third Point hedge fund to replace three of Sotheby's directors. But the poison pill was invented in the 1980s to fight off hostile raiders, and Mr. Loeb is not trying to take over the company. [News Source]

Lululemon yoga pants lawsuits in U.S. win final dismissals
Friday April 18th 2014, 11:41 am Filed under Shareholder lawsuit

By Nate Raymond and Jonathan Stempel NEW YORK (Reuters) - A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants. U.S. District Judge Katherine Forrest in Manhattan had on April 4 issued "draft" decisions dismissing a shareholder lawsuit against Lululemon, and two lawsuits ... [News Source]

Maker-Disney: New Lawsuit Asks for Unwinding of Merger
Thursday April 17th 2014, 6:24 pm Filed under Shareholder lawsuit

A shareholder argues that Disney's acquisition came after fraud at the company. read more [News Source]

SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty …
Thursday April 17th 2014, 5:42 pm Filed under Shareholder lawsuit

STEVENSON, Md. -- The securities litigation firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern ... [News Source]

SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty …
Wednesday April 16th 2014, 4:04 pm Filed under Shareholder lawsuit

STEVENSON, Md. -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the Delaware Court of Chancery on behalf of ... [News Source]