Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon June 8, 2020 By Andrew G. Simpson There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
Canada’s Manulife Seeks Dismissal of Court Case Filed by Hedge Fund October 31, 2018 Canadian insurer Manulife Financial Corp said on Tuesday it would ask a court in Saskatchewan to dismiss claims made against...
Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case October 15, 2018 By Matt Scuffham Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing...
Tesla CEO Musk Just Made It Easier for Shareholders to Sue: Viewpoint August 14, 2018 By Alison Frankel On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private...
Trump’s SEC Considering Shielding Companies from Investor Class Action Suits January 29, 2018 By Ben Bain In its determination to reverse a two-decade slump in U.S. stock listings, a regulator might offer companies an extreme incentive...
iStar Financial Settles Shareholder Lawsuit for $29 Million September 10, 2012 The New York finance company iStar Financial Inc. has reached a $29 million settlement of a lawsuit accusing it of...
Goldman Execs Win Dismissal of Mortgage, TARP Lawsuit by Shareholders August 15, 2012 By Jonathan Stempel Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and other bank officials won the dismissal of a shareholder lawsuit accusing...
Facebook, Banks Want Shareholder Lawsuits in New York Court June 15, 2012 Facebook Inc. and its lead underwriters Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. have requested that...
Wall Street Fights Back vs. Expert Witness in Lawsuits February 14, 2012 By Suzanne Barlyn For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of...