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AMC Securities Lawsuit: Preliminary Settlement Papers Filed

Miller Shah LLP, on behalf of a class of individuals and entities that purchased or acquired the common stock of AMC Entertainment Holdings, Inc. (“AMC” or the “Company”) during the class period defined below (“Class”), has filed a motion for preliminary approval of a class action settlement in the matter of Hawaii Structural Ironworkers Pension Trust Fund v. AMC Entertainment Holdings, Inc. et al. The settlement will provide $18 million…

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Miller Shah LLP Joins Lawsuit to Ensure Speedy Trials for All

The Sixth Amendment to the United States Constitution guarantees that “[i]n all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial.” In California, this right is codified in Article 1, Section 15 of the California Constitution, as well as in California Penal Code section 686(1). Yet, it is estimated that as of August 30, 2021, there at least 429 people in the San Francisco Superior…

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Twitter to Settle Securities Lawsuit for $809.5 Million

Twitter, Inc. (“Twitter” or the “Company”) has agreed to pay $809.5 million to settle a class action securities lawsuit filed by investors in the United States District Court for the Northern District of California. The lawsuit was originally filed in September 2016 and sought remedies under Sections 10 and 20(a) of the Securities Exchange Act of 1934. The lawsuit alleged that from February 6 to July 28, 2015, Twitter and…

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Women Lawyers in Leadership Webcast to Feature Miller Shah LLP

Jayne A. Goldstein and Natalie Finkelman Bennett, partners at Miller Shah LLP, will be featured speakers at Women Lawyers in Leadership 2021, a live webcast airing on September 23, 2021. Additionally, Jayne is the Chairperson for this event. The program is designed to benefit women attorneys seeking to take their careers up a notch by striving for leadership positions. Agenda topics include the following: Getting a seat at the table…

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ERISA: Court Denies Motion to Dismiss in IQVIA Lawsuit

On September 21, 2021, a District Judge in the United States District Court for the Middle District of North Carolina ruled that an ERISA class action lawsuit against IQVIA, Inc., the Board of Directors of IQVIA Holdings, Inc., and its Investment Benefits Committee (collectively, “IQVIA” or “Defendants”), was fit to proceed, denying IQVIA’s effort to dismiss the suit. IQVIA is the plan sponsor for the IQVIA 401(k) Plan (the “Plan”).…

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Court Denies Motion to Dismiss in L Brands ERISA Lawsuit

On September 16, 2021, a district judge for the United States District Court for the Southern District of Ohio determined that a proposed class action lawsuit against L Brands, Inc., L Brands Service Company, LLC, and its Retirement Plan Committee, (collectively, “L Brands,” the “Company,” or “Defendants”) was fit to proceed, denying the Company’s attempt to dismiss the action. The lawsuit was brought on behalf of participants and beneficiaries of…

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Omnicom ERISA Class Action Defeats Motion to Dismiss

On August 2, 2021, a District Judge in the United States District Court for the Southern District of New York ruled that the motion to dismiss the ERISA class action lawsuit against Omnicom Group, Inc. ("Omnicom"), the Administrative Committee of the Omnicom Group Retirement Savings Plan (“Administrative Committee”), and individual members of the Administrative Committee (collectively, “Defendants”) was granted in part and denied in part. All claims were allowed to…

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Biogen ERISA Matter Overcomes Motion to Dismiss

On July 22, 2021, the United States District Court for the District of Massachusetts determined that a proposed class action lawsuit against Biogen, Inc. (“Biogen”) was fit to proceed, denying most of Biogen’s attempt to dismiss the legal action. Biogen is the plan sponsor for the Biogen 401(k) Plan (the “Plan”). With assets totaling over $1 billion, the Plan is in the top 0.1% of all 401(k) plans by size…

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LA1: Miller Shah Secures $1.2 Million Judgment in Contract Dispute

On July 9, 2021, a District Judge in the United States District Court of Nevada entered her Amended Findings of Fact and Conclusions of Law, ordering, adjudging and decreeing three causes of action in favor of LA1, LLC (“Plaintiff” or “LA1”). Plaintiff was awarded both compensatory and punitive damages, totaling an excess of $1.2 million. The decision comes as a result of a week-long trial in which Plaintiff sought to…

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Bank of America: Judge Grants Initial Approval of Class Action Settlement

On June 28, 2021, a District Judge in the United States District Court for the District of New Jersey granted Plaintiffs’ unopposed motion for preliminary approval of class action settlement in an action against Bank of America, N.A. The Court preliminarily approved the Settlement Agreement as fair, reasonable, and adequate. The lawsuit, initially filed in 2020 by attorneys from Miller Shah LLP, alleges that Bank of America “knowingly concealed, suppressed,…

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