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Tesla shareholder case: Winning lawyers in Elon Musk's $83b pay dispute in line for fee bonanza

The Delaware court could pay the firm up to one-third of the ‘benefit conferred’ by the ruling – in other words, how much value was restored to shareholders. ....

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Judge suggests parts of class action against Vertiv over stock drop should proceed

NEW YORK (Legal Newsline) - Two counts of a securities class action against a company that provides infrastructure for data centers should proceed, a U.S. magistrate judge has recommended. ....

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Lawyers in Wells Fargo case ask for $180 million in attorney fees

Lawyers in Wells Fargo case ask for $180 million in attorney fees
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Heavyweight firms fight to lead shareholder case against Beyond Meat

LOS ANGELES (Legal Newsline) - Two of the main shareholder class action law firms are competing to lead litigation against Beyond Meat over allegations it deceived investors with claims of partnerships with large-scale chains like McDonald's. ....

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Abbott to lawyers: Confidential sources can't prove we knew of safety concerns that led to formula recall

CHICAGO (Legal Newsline) - The maker of contaminated infant formula is fighting a lawsuit over a drop in its stock price, saying class action lawyers' reliance on "confidential sources" isn't enough to sustain their case. ....

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