Bass, Berry & Sims attorney Chris Lazarini reviewed a putative class case filed against a brokerage firm alleging that the firm breached its client agreement by purchasing risky reverse convertible notes (RCNs) for clients...more
10/30/2019
/ Breach of Contract ,
Compliance ,
Convertible Notes ,
Financial Industry Regulatory Authority (FINRA) ,
Putative Class Actions ,
Regulatory Violations ,
Securities and Exchange Commission (SEC) ,
SLUSA ,
Statutory Violations ,
Structured Financial Products ,
Suitability Rule ,
Summary Judgment
Bass, Berry & Sims attorney Chris Lazarini analyzed this putative class action brought against Match Group for alleged violations of the Securities Act of 1933 related to the company’s 2015 initial public offering (IPO)....more
11/30/2018
/ False Statements ,
Initial Public Offering (IPO) ,
Investors ,
Misleading Statements ,
Motion to Dismiss ,
Putative Class Actions ,
Registration Statement ,
Section 11 ,
Securities Act of 1933 ,
Securities Violations ,
Stock Prices
Bass, Berry & Sims attorney Chris Lazarini analyzed the putative class active brought against T. Rowe Price Group by current and former employees alleging the firm breached its fiduciary duty by favoring its own financial...more
10/24/2018
/ 401k ,
Benefit Plan Sponsors ,
Breach of Duty ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Financial Adviser ,
Former Employee ,
Motion to Dismiss ,
Putative Class Actions ,
Retirement Plan ,
Self-Dealing
Bass, Berry & Sims attorney Chris Lazarini examined a putative class action case in which the plaintiffs claimed that defendants omitted and concealed material information in the company’s IPO registration statement in...more
10/16/2018
/ False Statements ,
FDA Warning Letters ,
Federal Rule 12(b)(6) ,
Initial Public Offering (IPO) ,
Investors ,
Misrepresentation ,
PSLRA ,
Putative Class Actions ,
Registration Statement ,
Safe Harbors ,
Securities Exchange Act ,
Standing
Bass, Berry & Sims attorney Chris Lazarini provided insight on a case in which plaintiffs alleged that UBS AG took part in a global gold price-fixing conspiracy. The court earlier granted UBS' motion to dismiss the...more
8/24/2018
/ Amended Complaints ,
Antitrust Conspiracies ,
Antitrust Litigation ,
Banks ,
Commodity Exchange Act (CEA) ,
Dismissal With Prejudice ,
Motion to Dismiss ,
Price-Fixing ,
Putative Class Actions ,
Rare Earth Metals ,
Sherman Act
Bass, Berry & Sims attorney Chris Lazarini commented on a putative ERISA class action case brought against several banks and their affiliates alleging breach of fiduciary duty or for knowing participation in prohibited...more
Bass, Berry & Sims attorney Chris Lazarini discussed the class action case brought by former advisers of Credit Suisse Securities (USA) who sought recovery of their unvested deferred compensation following the closure of...more
Bass, Berry & Sims attorney Chris Lazarini examined a case in which plaintiffs sought relief from the court after a ruling granting defendants' motion to dismiss the plaintiffs' putative class action alleging ERISA...more
6/29/2018
/ Amended Complaints ,
Dismissals ,
Employee Retirement Income Security Act (ERISA) ,
Federal Rule 12(b)(6) ,
Federal Rules of Civil Procedure ,
Leave to Amend ,
Motion for Relief ,
Motion to Amend ,
Motion to Dismiss ,
Motion to Vacate ,
New Evidence ,
Putative Class Actions
Bass, Berry & Sims attorney Chris Lazarini analyzed a case in which a group of shareholders claimed misleading statements in a press release caused them to sell stock early and lose money in a subsequent bidding war. The...more
6/19/2018
/ Broker-Dealer ,
Causation ,
Fraud ,
Materiality ,
Mergers ,
Misleading Statements ,
Motion to Dismiss ,
Proxy Statements ,
Putative Class Actions ,
Rule 10(b) ,
Scienter ,
Shareholders ,
Stocks ,
Summary Judgment
Bass, Berry & Sims attorney Chris Lazarini provided insight on a putative class action involving '33 and '34 Act claims against ReWalk Robotics, Ltd. (ReWalk), and its officers, directors and IPO underwriters. The court...more
5/11/2018
/ Complaint Procedures ,
Deadlines ,
Dismissal With Prejudice ,
Good Cause ,
Hague Convention ,
Initial Public Offering (IPO) ,
Motion to Dismiss ,
PSLRA ,
Public Notice ,
Putative Class Actions ,
Securities Litigation
Bass, Berry & Sims attorney Chris Lazarini analyzed a case in which UBS Puerto Rico sought to overcome its insurance carriers' refusal to defend and provide coverage for two civil actions, settlements with the SEC and FINRA...more
3/6/2018
/ Arbitration ,
Bonds ,
Breach of Contract ,
Claim Construction ,
Cross Motions ,
Denial of Insurance Coverage ,
Dismissal With Prejudice ,
Financial Industry Regulatory Authority (FINRA) ,
Fraud ,
Fund Managers ,
Insurance Contracts ,
Insurance Industry ,
Insurance Litigation ,
Investment Adviser ,
Puerto Rico ,
Putative Class Actions ,
Securities and Exchange Commission (SEC) ,
Shareholder Litigation ,
Shareholders ,
Summary Judgment ,
Underwriting
Bass, Berry & Sims attorney Chris Lazarini examined a case in which the New York Court of Appeals provided guidance on Rule 908 of the New York Civil Practice Law and Rules, deciding that Rule 908 requires sending notice of a...more