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Final Approval of Settlement Granted in Kohl v. Loma Negra Industrial Argentina Sociedad Argentina, Index No. 653114/2018 (Sup. Ct., N.Y. Cty.)
On April 10, 2024, Justice Andrew Borrok of the Supreme Court of the State of New York, County of New York, Commercial Division, Part 53, granted final approval of the $24.6 million class action settlement reached in the case captioned Dan Kohl v. Loma Negra Industrial Argentina Sociedad Argentina, Index No. 653114/2018 (Sup. Ct., N.Y....Read more

May 6, 2024

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Lead Counsel Appointed in Peloton Interactive Inc. Lawsuit
The United States District Court for the Eastern District of New York has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Solomon v. Peloton Interactive, Inc. et al., 1:23-cv-04279-MKB-JRC (E.D.N.Y. September 7, 2023). This appointment underscores our firm’s extensive class action and securities litigation experience. Review the official court order...Read more

September 9, 2023

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Lead Counsel Appointed in Stem Inc. Lawsuit
The United States District Court for the Central District of California has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Scott Petersen V. Stem, Inc., 23-cv-02329-MMC (C.N.D.C. August 22, 2023). This appointment underscores our firm’s substantial class action and securities litigation experience. Review the official court order detailing our appointment...Read more

August 24, 2023

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Lead Counsel Appointed in Veru Inc. Lawsuit
The United States District Court for the Southern District of Florida has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Thant et al. v. Veru, Inc., et al., 1:22-cv-23960-KMW (S.D. Fla. July 27, 2023). This significant appointment underscores our firm’s substantial class action and securities litigation experience. View the official...Read more

July 28, 2023

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Lead Counsel Appointed in Gaotu Techedu Inc. Lawsuit
The United States District Court for the Eastern District of New York has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Joshua Zhang V. Gaotu Techedu Inc. f/k/a GSX Techedu Inc., Xiangdong Chen, and Nan Shen, 1:22-cv-07966-PKC-CLP (E.D.N.Y. July 16, 2023). This noteworthy appointment highlights our firm’s extensive class action...Read more

July 18, 2023

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Lead Counsel Appointed in Dish Network Lawsuit
The United States District Court for the District of Colorado has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Miguel Jaramillo V. Dish Network Corporation, Et Al., 1:23-cv-00734-GPG-SKC (U.S.D.C. Colorado July 16, 2023). This notable appointment recognizes our firm’s substantial class action and securities litigation experience noting that “the Court...Read more

July 13, 2023

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Lead Counsel Appointed in United States Cellular Corporation Lawsuit
The United States District Court for the Northern District of Illinois has appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit, Howard M. Rensin, Trustee Of The Rensin Joint Trust v. United States Cellular Corporation, et al., 1:23-cv-02764-MMR (N.D. Ill. July 11, 2023). This significant development underscores our firm’s substantial class...Read more

July 13, 2023

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U.S. Xpress Enterprises Settlement Final Approval Granted
Final Approval of Settlement Granted in Stein V. U.S. Xpress Enterprises, Inc., et al., 1:19-cv-98 (E.D. Tenn.) On July 12, 2023, the Honorable Travis R. McDonough of the United States District Court for the Eastern District of Tennessee granted final approval of the class action settlement in the case captioned Lewis Stein v. U.S. Xpress...Read more

July 13, 2023

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Lead Counsel Appointed in Rite Aid Corporation Lawsuit
The United States District Court for the Northern District of Ohio has appointed Levi & Korsinsky as Lead Counsel in the ongoing class action lawsuit, Holland et al., v. Rite Aid Corporation, et al., 23-cv-589 (N.D. Ohio June 22, 2023). This decision reflects the court’s recognition of Levi & Korsinsky’s extensive class action and securities...Read more

June 25, 2023

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Litigation Related to Infrastructure & Energy Alternatives Inc.
On December 20, 2019, a putative class and derivative lawsuit captioned Jacobs v. Meghji, C.A. No. 2019-1022-MTZ (the “Action”) was filed in the Court of Chancery of the State of Delaware (the “Court”), challenging a series of equity commitment transactions that Infrastructure & Energy Alternatives Inc. (“IEA”) had entered into in 2019. The Action named...Read more

June 6, 2023

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Lead Counsel Appointed in Honda Motor Corporation Lawsuit
The United States District Court for the Central District of California appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit against Honda Motor Corporation. Judge George Wu noted, in pertinent part, that Levi & Korsinsky has “substantial class action and securities litigation experience.” The firm is grateful for the opportunity to...Read more

May 10, 2023

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Lead Counsel Appointed in PLDT Inc. Lawsuit
Update in the case: Sophia Olsson v. PLDT Inc. et al., 2:23-cv-00885-CJC-MAA (C.D. Cal. April 26, 2023): The United States District Court for the Central District of California appointed Levi & Korsinsky as Lead Counsel in the pending class action lawsuit against PLDT Inc. Judge Cormac J. Carney noted, in pertinent part, that Levi & Korsinsky...Read more

April 28, 2023

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U.S. Xpress Settlement Preliminarily Approved
Update in the case: Stein V. U.S. Xpress Enterprises, Inc. Et Al, 1:19-cv-98 (E.D. Tenn.): A settlement has been reached and was preliminarily approved on March 28, 2023. The settlement provides for the payment of $13 million to eligible class members.  Lead plaintiff Deirdre Terry alleged violations of §§ 11 and 15 of the Securities Act...Read more

April 4, 2023

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ACTION FILED Against Silicon Valley Bank CEO & CFO
On March 17, 2023, Levi & Korsinsky filed an action against the Chief Executive Officer and the Chief Financial Officer of Silicon Valley Bank to recover investor losses in wake of bank failure and bankruptcy. A copy of the complaint can be found here, and shareholders interested in joining the action are encouraged to contact...Read more

March 20, 2023

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Notice to Geron Corporation Stockholders
TO: ALL CURRENT OR OTHERWISE APPLICABLE STOCKHOLDERS OF GERON CORPORATION (NASDAQ SYMBOL: GERN) PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY. YOUR RIGHTS WILL BE AFFECTED BY THE LEGAL PROCEEDINGS IN THIS DERIVATIVE LITIGATION. IF THE COURT APPROVES THE PROPOSED SETTLEMENT, YOU WILL BE FOREVER BARRED FROM CONTESTING THE FAIRNESS, REASONABLENESS AND ADEQUACY OF...Read more

March 16, 2023

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