A recent alert by Jamie Gottlieb Furia in Lowenstein Sandler’s White Collar Criminal Defense practice discusses the jury’s verdict against two former MiMedx Group Inc. executives for their involvement in an alleged fraud scheme. The three-week trial before U.S. District
Latest from Lowenstein Sandler LLP - Page 5
Credit Card ABS: Capital One Affiliates Secure Dismissal of Putative Class Action Alleging Usury
In the most recent development in Cohen v. Capital One Funding LLC [1], a case seeking to certify a class asserting that New York State’s usury laws can apply to securitized credit card debts, Capital One-affiliated defendants have prevailed in
Credit Card ABS: Capital One Affiliates Secure Dismissal of Putative Class Action Alleging Usury
In the most recent development in Cohen v. Capital One Funding LLC [1], a case seeking to certify a class asserting that New York State’s usury laws can apply to securitized credit card debts, Capital One-affiliated defendants have prevailed in
Five Banks Settle LIBOR Manipulation Suit for $22 Million
Last week, Judge Naomi Buchwald of the Southern District of New York provided final approval of a nearly $22 million settlement between a class of indirect investors and five Wall Street banks that the plaintiff investors accused of manipulating the
Five Banks Settle LIBOR Manipulation Suit for $22 Million
Last week, Judge Naomi Buchwald of the Southern District of New York provided final approval of a nearly $22 million settlement between a class of indirect investors and five Wall Street banks that the plaintiff investors accused of manipulating the
FRAND and Efficient Infringement
For more than a decade, public policymakers, competition agencies, courts, and government authorities around the world have been developing an increasingly detailed set of rules governing and defining fair, reasonable, and nondiscriminatory (FRAND) terms for the licensing of standard-essential patents
Kirschner v. JPMorgan Chase Bank: Case Update
In a previous post, we discussed Kirschner v. JPMorgan Chase Bank,[1] an action in which the trustee of bankrupt Millennium Labs brought state law securities fraud claims on behalf of a group of “approximately 400 mutual funds, pension funds,
Kirschner v. JPMorgan Chase Bank: Case Update
In a previous post, we discussed Kirschner v. JPMorgan Chase Bank,[1] an action in which the trustee of bankrupt Millennium Labs brought state law securities fraud claims on behalf of a group of “approximately 400 mutual funds, pension funds,
Please stop saying “antitrust protects competition, not competitors.” (Letter to the editor)
Regarding John W. Mayo and Mark Whitener’s March 22 Outlook essay, “Five Myths: Antitrust law”:
The authors concluded by noting that “enforcers and courts tend to take competitors’ complaints about their rivals’ behavior with a grain of salt.” That
Did We Just Join OPEC? Part 2
The Organization of Petroleum Exporting Companies (OPEC) is one of the longest-running and most successful price-fixing cartels in history.
It proved its power in the 1970s by drumming up a “shortage” of oil that resulted in gasoline rationing in the