Nationwide Class Action Law Firm
Edelson Lechtzin LLP is pleased to report that the Judicial Panel on Multidistrict Litigation (JPML) has granted the motion filed on behalf of our clients in the first-filed Baker action1 to centralize the settlement administration kickback lawsuits and transfer the...
The Securities and Exchange Commission (SEC) recently changed its policy on mandatory arbitration clauses. This is a major development for investors across the country. The change affects how shareholders can pursue fraud or misconduct claims against companies whose...
is at the forefront of groundbreaking litigation exposing alleged secret “kickbacks” and revenue-sharing payments tied to digital prepaid cards used in class action settlements. In April 2025, the firm filed the first case alleging that...
The Private Securities Litigation Reform Act (PSLRA) sets rules for appointing the most adequate plaintiff in federal securities fraud class action lawsuits. Generally, the investor or small group of investors who have the largest financial interest in the litigation...
Yes, hiding known cyber risks can count as securities fraud when your silence misleads investors about the company’s true exposure. If you fail to disclose a data breach or a serious vulnerability, you turn a technical issue into a legal one. Investors depend on...
In a recent hearing before the Delaware Court of Chancery, the complexities and potential pitfalls of Special Purpose Acquisition Company (SPAC) transactions were brought to light in the case involving Stem, Inc., formerly known as Star Peak Energy Transition Corp....
Whistleblowers often provide insider knowledge to help identify fraudulent activities within companies. Their disclosures can provide important information about complex schemes that might otherwise remain hidden from regulators and the public. These contributions are...
Leaking shower drains may be defective This Alert Affects: Anyone who has installed a Schluter®-Kerdi Line Drain in a shower in their home (or other property) and experienced a failure that caused leaking may be able to pursue a claim for damages in a proposed class...
A fiduciary duty requires financial advisors to act in their clients’ best interests at all times. When that duty is violated, the consequences extend beyond financial loss—it can also break the trust that forms the foundation of the advisor-client relationship. This...
When you invest in a publicly traded company, you’re not doing it blind. That’s because securities laws require these companies to share material facts with you — facts that an investor would consider important when deciding whether to buy, hold, or sell a stock. And...