Lawsuit

Levi & Korsinsky, LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Torchlight Energy Resources, Inc. and Meta Materials Inc. Securities

Retrieved on: 
Tuesday, February 27, 2024

If you purchased Meta Materials securities between September 21, 2020 and June 24, 2022, both dates inclusive, or held Torchlight Energy Resources, Inc. stock at the time of Torchlight’s merger with Metamaterial, Inc. on June 28, 2021, your rights may be affected by the settlement of this Litigation.

Key Points: 
  • If you purchased Meta Materials securities between September 21, 2020 and June 24, 2022, both dates inclusive, or held Torchlight Energy Resources, Inc. stock at the time of Torchlight’s merger with Metamaterial, Inc. on June 28, 2021, your rights may be affected by the settlement of this Litigation.
  • Any objections to the Settlement, Plan of Allocation or attorneys’ fees and expenses must be filed and served, in accordance with the procedures set forth in the Long Notice, no later than April 23, 2024 to the Court.
  • Inquiries, other than requests for the Long Notice and Proof of Claim and Release, may be made to Lead Counsel for the Settlement Class: Adam M. Apton, Esq., Levi & Korsinsky, LLP, 33 Whitehall Street, 17th Floor, New York, New York 10004, [email protected].
  • INQUIRIES SHOULD NOT BE DIRECTED TO THE COURT, THE
    If you have any questions about the Settlement, you may contact Lead Counsel at the address listed above.

 Mega Trucking and Prime Insurance Company Partner to Fight and Win Frivolous Litigation

Retrieved on: 
Friday, March 8, 2024

Rick J. Lindsey, President and CEO of Prime Insurance Company, a specialty insurance carrier, announced today that the company partnered with Mega Trucking to fight and win frivolous litigation against Mega that was fueled by overzealous plaintiff’s lawyers who were overpromising to their client that they could get rich even when the accident was due to their own negligence.

Key Points: 
  • Rick J. Lindsey, President and CEO of Prime Insurance Company, a specialty insurance carrier, announced today that the company partnered with Mega Trucking to fight and win frivolous litigation against Mega that was fueled by overzealous plaintiff’s lawyers who were overpromising to their client that they could get rich even when the accident was due to their own negligence.
  • Errol Shaw was driving for Mega Trucking when the accident occurred.
  • Rick J. Lindsey, President, and CEO of Prime Insurance Company states, “We will seek legal fees to discourage frivolous litigation.
  • For more information on Prime Insurance Company, visit www.primeis.com

Former Federal Prosecutor Seth Goertz Joins Dorsey in Phoenix

Retrieved on: 
Tuesday, March 5, 2024

Dorsey & Whitney LLP continues the expansion of the Phoenix office and its nationally recognized Government Solutions & Investigations group with the arrival of former federal prosecutor Seth Goertz , the law firm announced today.

Key Points: 
  • Dorsey & Whitney LLP continues the expansion of the Phoenix office and its nationally recognized Government Solutions & Investigations group with the arrival of former federal prosecutor Seth Goertz , the law firm announced today.
  • View the full release here: https://www.businesswire.com/news/home/20240305604950/en/
    Dorsey & Whitney LLP continues the expansion of the Phoenix office and its nationally recognized Government Solutions & Investigations group with the arrival of former federal prosecutor Seth Goertz.
  • “We are excited to welcome Seth to our Phoenix office.
  • Seth advances the strategic growth of the firm’s Government Solutions & Investigations team by adding white-collar defense and government investigation capabilities in Phoenix.

Seward & Kissel Appoints Kevin Neubauer as Co-Head of the Firm’s Investment Management Group

Retrieved on: 
Monday, March 4, 2024

Seward & Kissel is pleased to announce that Kevin Neubauer has been named co-head of the firm’s Investment Management Group, effective March 1.

Key Points: 
  • Seward & Kissel is pleased to announce that Kevin Neubauer has been named co-head of the firm’s Investment Management Group, effective March 1.
  • He succeeds Robert Van Grover , who served in the role for more than 10 years and will remain an active partner in the Investment Management Group.
  • “Kevin has repeatedly demonstrated his ability to be an effective leader, both with respect to client matters and strategic firm initiatives,” said Seward & Kissel managing partner Jim Cofer .
  • Neubauer, who was elevated to partner at Seward & Kissel in 2020, originally joined the firm in 2009.

Lumentum Appoints Jae Kim as Senior Vice President, General Counsel and Secretary

Retrieved on: 
Monday, March 4, 2024

Lumentum Holdings Inc. (" Lumentum "), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer.

Key Points: 
  • Lumentum Holdings Inc. (" Lumentum "), a market-leading designer and manufacturer of innovative optical and photonic products, today announced the appointment of Jae Kim as Senior Vice President, General Counsel and Corporate Secretary, reporting to Alan Lowe, President and Chief Executive Officer.
  • Kim succeeds Judy Hamel, who will be retiring from Lumentum after serving as Senior Vice President, General Counsel and Secretary since 2015.
  • She previously held the role of Senior Corporate Counsel at Lumentum’s parent company, JDSU, beginning in 2012.
  • “I am delighted to welcome Jae to the Lumentum executive team,” said Lumentum President and CEO, Alan Lowe.

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Carbonite Securities Litigation

Retrieved on: 
Thursday, February 29, 2024

PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.

Key Points: 
  • PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY.
  • Also, if the Court requires or allows Class Members to participate in the Settlement Hearing by telephone or video conference, the access information will be posted to the Settlement website, www.CarboniteSecuritiesLitigation.com .
  • IF YOU PURCHASED OR OTHERWISE ACQUIRED CARBONITE COMMON STOCK BETWEEN OCTOBER 18, 2018 AND JULY 25, 2019, INCLUSIVE, AND WERE DAMAGED THEREBY, YOUR RIGHTS ARE AFFECTED BY THE SETTLEMENT OF THIS LITIGATION.
  • Your failure to submit your Proof of Claim by June 21, 2024, will subject your claim to rejection and preclude you from receiving any of the recovery in connection with the Settlement of this Litigation.

Sonita Bennitt Joins Seward & Kissel’s Tax Group

Retrieved on: 
Wednesday, February 28, 2024

Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .

Key Points: 
  • Seward & Kissel LLP announced today that Sonita M. Bennitt , former counsel with Goodwin Procter LLP, has joined the firm’s New York office as a partner in the Tax Group .
  • She also advised clients on tax aspects of real estate joint ventures and real estate investment trusts.
  • “Sonita’s wealth of experience makes her a valuable addition to our firm and the Tax Group,” said Jim Cofer , managing partner of Seward & Kissel and a partner in the firm’s Tax Group.
  • “Her deep background in private fund formation and structuring makes her an ideal fit with our Tax Group and the broader work of the firm.”
    Prior to Goodwin Procter, Bennitt practiced as a tax associate at Debevoise & Plimpton LLP.

Winston & Strawn Names New Litigation and Transactions Department Co-Chairs

Retrieved on: 
Monday, February 26, 2024

Winston & Strawn LLP today announced the appointment of new Litigation and Transactions Department leaders.

Key Points: 
  • Winston & Strawn LLP today announced the appointment of new Litigation and Transactions Department leaders.
  • Linda Coberly and Tom Melsheimer will serve as co-chairs of the Litigation Department, and Timothy Kincaid and Brad Vaiana will co-chair the Transactions Department.
  • For the next few months, Linda and Tom will work alongside outgoing Litigation Chairs Steve D’Amore and George Lombardi, who have co-led the department for almost 10 years.
  • Winston & Strawn LLP is an international law firm with 15 offices in North America, South America, Europe, and Asia.

Netmark Achieves HITRUST Essentials, (e1) Certification Demonstrating Foundational Cybersecurity

Retrieved on: 
Wednesday, February 21, 2024

HITRUST Essentials, 1-year (e1) Certification demonstrates that the organization is focused on the most critical cybersecurity controls to demonstrate that essential cybersecurity hygiene is in place.

Key Points: 
  • HITRUST Essentials, 1-year (e1) Certification demonstrates that the organization is focused on the most critical cybersecurity controls to demonstrate that essential cybersecurity hygiene is in place.
  • The e1 Assessment + Certification is one of three progressive HITRUST assessments that leverage the HITRUST CSF® framework to prescribe cyber threat-adaptive controls that are appropriate for each level of assurance.
  • This HITRUST certification, in addition to Netmark’s certification as a SOC II, Type 2 entity, reinforces the company’s commitment to not only its clients, but the individuals they serve, in the protection and security of the most sensitive data.
  • Kari Shankar, Managing Director of Netmark, shared his thoughts, “The frequency and sophistication of cyber attacks increases each day.

Scientific Games Consolidates Law and Public Policy Functions

Retrieved on: 
Thursday, March 7, 2024

ATLANTA, March 7, 2024 /PRNewswire/ -- Scientific Games, the global leader in providing games and technology to government lotteries, announced the consolidation of its legal and public policy teams into a new unified department, Global Legal and Public Policy. 

Key Points: 
  • James D. Schultz Named to Head Unified Legal and Public Policy Team, Phil Bauer Promoted to General Counsel/Corporate Secretary, Dena Rosenzweig to Retire as Chief Legal Officer
    ATLANTA, March 7, 2024 /PRNewswire/ -- Scientific Games , the global leader in providing games and technology to government lotteries, announced the consolidation of its legal and public policy teams into a new unified department, Global Legal and Public Policy.
  • Scientific Games consolidates legal and public policy teams to new unified department, Global Legal and Public Policy.
  • This team will be led by James D. Schultz who will assume the new title of Executive Vice President, Global Legal and Public Policy.
  • Additionally, as part of this alignment, Christine Wechsler, currently Senior Vice President, Public Policy and Government Relations, will serve in the expanded role of SVP, Legislation and Litigation.