Sentences with phrase «on class settlement»

Not exact matches

She has prosecuted a wide range of class action matters for over a decade, helping to recover millions in settlements on behalf of shareholders.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
By: Simone Liedtke 3rd May 2018 The Legal Resources Centre (LRC), Abrahams Kiewitz and Richard Spoor Attorneys, on behalf of thousands of mineworkers, on Thursday reached a class action settlement with the Occupational Lung Disease (OLD) Working Group, which represents various South African gold mining companies.
In January 2017, the Group received approval of the Delaware Chancery Court for a $ 5.6 million settlement it achieved on behalf of a class of shareholders of Physicians Formula Holdings Inc. over an ignored merger offer in 2012.
Shareholder Litigation., C.A. No. 422598 - V (2018), the Maryland Circuit Court, Montgomery County, approved a $ 17.5 million settlement that plaintiffs achieved as additional consideration on behalf of a class of shareholders of American Capital, Ltd..
On January 19th, 2016, a federal judge preliminarily approved a class action settlement on behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losseOn January 19th, 2016, a federal judge preliminarily approved a class action settlement on behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losseon behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losses.
On August 12, 2015, a federal judge preliminarily approved a settlement of a nationwide class action against JPMC for its use of robocalling in violation of the Telephone Consumer Protection Act.
On November 23, 1998, the tobacco companies signed a settlement agreement that brought the state attorney general medical cost reimbursement actions and most of the class action lawsuits to a close.
In an easy - to - read and reference tabular format, daily settlements for put and call options on Class III milk futures enable risk managers to estimate where options might trade at the CME.
In February, DuPont / Chemours, a former major manufacturer of PFOA, agreed to a $ 670 million settlement in a federal class - action lawsuit in Columbus, Ohio, that was filed on behalf of approximately 3,550 people who said they were afflicted with diseases as a result of PFOA contamination of their drinking water.
A federal magistrate judge in Brooklyn gave preliminary approval to a class - action settlement in which the city agreed to pay a total of $ 5 million to 470 people who were put in solitary confinement on Rikers Island under a now - scuttled policy between Nov. 23, 2012, and Sept. 16, 2015.
The reason Paleo folks cite traditional Inuit diet and culture is because it was classed as a hunter - gatherer culture before European settlement and most Paleo diets are based on notions about hunter gatherer cultures.
Last week's failure of a massive tobacco - settlement bill in the Senate added new urgency to efforts by the Clinton administration and education lobbyists to find money to pay for class - size reductions and other programs with funding contingent on new cigarette taxes.
The settlement in the class action on behalf of such students will let them use oral presentations, spell - checkers, voice - recognition software, help from test proctors, and other state - approved accommodations on the Alaska High School Graduation Qualifying Exam.
Superior Court Judge William F. Highberger today approved the landmark settlement in Reed v. State of California, et al., a class action suit filed by the American Civil Liberties Union of Southern California, Public Counsel, and Morrison & Foerster, LLP, in February 2010 on behalf of students at three Los Angeles Unified School District (LAUSD) middle schools.
This settlement also encompasses a class - action lawsuit brought by a law firm on behalf of ebook purchasers everywhere.
I don't foresee Loblaw putting any requirements on claiming it and Canadians should be able to claim the gift card as well as have a share of any future class action suit settlement if they join.»
Schroders currently offers nine funds on the mFund Settlement Service across a range of asset classes.
Plaintiff brings this action on behalf of himself and a Class consisting of all persons in the United States who established an account with NoteWorld LLC (or any subsidiary thereof) from which NoteWorld processed any payments related to any debt settlement program.
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Blue Buffalo Pet Products, Inc. announced on Thursday that its subsidiary Blue Buffalo Company, Ltd. has entered into a settlement agreement in the class...
If you do not have valid Proof of Purchase you must (i) confirm under penalty of perjury that you purchased one or more Blue Buffalo Products during the Settlement Class Period, and (ii) state the total amount of money that you spent on Blue Buffalo Products during the Settlement Class Period.
NORC / Vladeck Cares helps clients access the full range of other agency programs, such as Henry Street's Meals on Wheels, plus all the recreational and educational programs — from exercise classes to holiday events — available at the Henry Street Settlement Senior Center.
Begins attending an evening drawing class organized by a sculptor in a settlement house near his home on the Lower East Side.
Yesterday evening, the Competitive Enterprise Institute's (CEI) Center for Class Action Fairness objected on behalf of a class member to an unfair settlement and an excessive attorneys» fees request in In re Petrobras Securities Litigation, pending before the U.S. District Court for the Southern District of New Class Action Fairness objected on behalf of a class member to an unfair settlement and an excessive attorneys» fees request in In re Petrobras Securities Litigation, pending before the U.S. District Court for the Southern District of New class member to an unfair settlement and an excessive attorneys» fees request in In re Petrobras Securities Litigation, pending before the U.S. District Court for the Southern District of New York.
[127] Professor Piché in her text Fairness in Class Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memClass Action Settlements, supra at pp. 179 - 80 summarizes the various factors for the settlement approval test into seven factors; i.e.: (1) judicial risk analysis: likelihood of recovery, or likelihood of success on the merits weighed against amount and form of settlement relief; (2) future expense, complexity and likely duration of litigation; (3) class reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass reaction: number and nature of objections; (4) recommendations and experience of counsel and opinion of interested persons; (5) adequacy of representation: good faith and absence of collusion; (6) discovery evidence sufficient for «effective representation» and (7) adequacy of notice of proposed settlement to absent class memclass members.
The settlement also allowed individual suits for compensatory damages by class members, as long as they weren't based on theories that included fraud and misrepresentation.
Professor Brickman argues that the BP suit is representative of a larger trend in American class action litigation whereby the plaintiffs» lawyers are hired on a contingency fee basis and end up reaping enormous sums from the settlement.
Mr. Arias has written, lectured and spoken on various subjects at law schools, legal seminars, webinars and legal conferences on topics including: litigating class actions, mass tort litigation, expert witness depositions and cross-examination, death care litigation, unfair business practices, business litigation, settlement issues and strategies, construction defect litigation, business torts, complex litigation, electronic evidence, discovery, jury selection, the use of jury consultants and focus groups, employment law, trial of class actions and representative actions.
We have reached a settlement on behalf of representative plaintiff Lorne Waldman in his copyright infringement class proceeding against Thomson Reuters.
It is seeking comments on a Report and a draft Judicial Protocol that allows courts in different provinces to work together to coordinate these competing class actions as they move toward a hearing or settlement.
The U.S. Supreme Court on Monday agreed to decide whether a class - action settlement in a suit against Google met requirements of federal law when $ 5.3 million of the $ 8.5 million...
Although it's difficult to find exact numbers on class action settlements, there are some studies that suggest that the settlements are often of little value to plaintiffs.
Her accomplishments include development of legal reforms following Deepwater Horizon, the successful defense of the first renewables on public lands, and the historic settlement of the largest class action lawsuit in U.S. history — the Cobell tribal trust litigation.
For Class Action information on LMK Lawyers, please download the pdf by clicking here: World Centre Settlement Translation
Available at SSRN: http://ssrn.com/abstract=753344 (in Currie, «an Ontario appellate court held that an Illinois settlement was not binding on absent Canadian class members, on the basis of inadequate notice»).
«Now, nearly 15 years later, the outlook is somewhat different,» writes Fairfax, «with, so far, only one example of an environmental class action decided on its merits in the common law provinces, and no successful environmental class actions (putting aside settlements) to speak of in common law Canada.»
This is not a class - action settlement, the Wall Street Journal reports today, and claims will be evaluated on an individual basis.
On December 6, 2013, the Circuit Court of Jackson County, Missouri, at Independence, Entered an Order Approving the Class Action Settlement.
A settlement was filed on behalf of the class action lawsuit on Wednesday.
On January 26, 2016, the Klamann Law Firm won preliminary approval of a class action settlement resolving claims that Progressive Casualty Insurance Company («Progressive») wrongfully offered -LSB-...]
The IAP is the mechanism through which people who suffered serious physical, sexual, or psychological abuse at residential schools can apply for additional compensation on top of the base class action settlement.
On April 17, 2013, Plaintiffs in the landmark mortgage - backed securities (MBS) class action litigation against Countrywide Financial Corporation and others, led by Lead Plaintiff, the Iowa Public Employees» Retirement System (IPERS), agreed to a $ 500 million settlement.
We litigated and resolved a class action lawsuit on behalf of purchasers of certain RCA, Proscan and GE branded televisions alleging that a defect rendered the TV's inoperable; the settlement made up to $ 100 million in available to television purchasers for unreimbursed repairs.
recovered on behalf of nurses (LVNs and CNAs) who work or worked in defendants» assisted living facilities throughout the State of California, this certified class action resulted in a $ 7.5 million settlement.
class action settlement based on Wal - Mart's failure to pay all earned vacation pay at the time of termination, plus statutory penalties.
The Court went on to state that any proposed settlement of the class actions must ultimately be approved by the courts for fairness, reasonableness and adequacy, including examining whether a «coupon settlement» was appropriate and fair in the circumstances.
In May, lawyers working on Levine's behalf, along with lawyers from the AARP Foundation agreed on a class - action settlement against the facility that administered Levine's mother, stating «using dangerous drugs without the consent of residents or family members.»
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