In this
class action insider trading case, Pomerantz, as Co-Lead Counsel, achieved a $ 135 million
settlement for investors in the pharmaceutical company Elan
Corp..
July 14, 2017 — / PR NEWSWIRE / - Ruby
Corp. and Ruby Life Inc. (ruby), and a proposed
class of plaintiffs, co-led by Dowd & Dowd, P.C., The Driscoll Firm, P.C., and Heninger Garrison Davis, LLC, have reached a proposed
settlement agreement resolving the
class action lawsuits that were filed beginning July 2015 following a data breach of ruby's computer network and subsequent release of certain personal information of customers of Ashley Madison, an online dating website owned and operated by Ruby Life Inc. (formerly Avid Dating Life Inc.) The lawsuits, alleging inadequate data security practices and misrepresentations regarding Ashley Madison, have been consolidated in a multi-district litigation pending in the United States District Court for the Eastern District of Missouri.