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In re: Cognizant Tech. Solutions Corp. Derivative Litig.
Publication Date: 2024-05-20 Practice Area: Corporate Entities
Industry:
Court: U.S. Court of Appeals for the Third Circuit Judge: Justice Fuentes Attorneys: For plaintiff: William B. Federman (Federman & Sherwood); Matthew F. Gately, Peter S. Pearlman (Cohn Lifland Pearlman Herrmann & Knopf); Benny C. Goodman, III, Steven Hubachek, Erik W. Luedeke (Robbins Geller Rudman & Dowd); James M. Ficaro, Robert B. Weiser (The Weiser Law Firm); Gary S. Graifman (Kantrowitz Goldhamer & Graifman); Britt W. Sowle (Cavanagh & O’Hara); Melissa A. Fortunato (Bragar Eagel & Squire); Ligaya T. Hernandez, Michael J. Hynes (Hynes Keller & Hernandez); James S. Notis (Gardy & Notis); Jennifer Sarnelli (Gardy & Notis) For defendant: Charles A. Brown, Daniel P. Roeser (Goodwin Procter); William Evans (Goodwin Procter); William M. Jay (Goodwin Procter); Sarah D. Efronson, Rajeev Muttreja (Jones Day); Christopher J. Keale, James H. Keale (Tanenbaum Keale); Theodore V. Wells, Jr., Andrew J. Ehrlich, Alison R. Benedon (Paul Weiss Rifkind Wharton & Garrison); Matthew D. Stachel (Paul Weiss Rifkind Wharton & Garrison) Case number: 22-3027
Under a De Novo Standard of Appellate Review, District Court Correctly Concluded Shareholders Failed to Demonstrate Lack of Independence of a Majority of the Board
After Dismissal of Las Vegas Casino Antitrust Case, Algorithmic Pricing Dicey
In her May 8 order, U.S. District Judge Miranda Du, in Nevada, ruled that a "mere use of algorithmic pricing" doesn't make an antitrust conspiracy.
Litigator of the Week Runners-Up and Shout Outs
Runners-up this week include litigators at Cooley, Kramer Levin and Varnum.
'Making Sure the World Knows We Are Doing It': Sullivan & Cromwell Formalizes AI Practice
The firm has been working on artificial intelligence since 2015, but the recent advancements in capability, along with growing amounts of money invested as well as ethical and political questions, demand a more focused approach.
As More Law Firms Expand in Texas, Some Am Law 25 Firms Stay on Sidelines
Six Am Law 25 firms lack an office in Houston. Is it more challenging to add high-performing talent when other Am Law 100 peers have already moved in?
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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As More Law Firms Expand in Texas, Some Am Law 25 Firms Stay on Sidelines
Six Am Law 25 firms lack an office in Houston. Is it more challenging to add high-performing talent when other Am Law 100 peers have already moved in?
En Banc Panel Adopts New Appellate Standard: Shareholder Suit Dismissed Against Cognizant
Cognizant agreed to pay $25 million to the U.S. Securities and Exchange Commission in 2019 to settle charges that the payments it made to Indian government officials violated the Foreign Corrupt Practices Act.
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