Davis Polk Victory in Facebook IPO Litigation
On November 3, 2016, the Second Circuit issued an opinion in an action brought under Section 16(b) of the Exchange Act of 1934 against Morgan Stanley, J.P. Morgan and Goldman Sachs, the…
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Victory and Favorable Settlement for Dialog Semiconductors
Davis Polk successfully represented Dialog Semiconductors in litigation related to the earnout provisions in its 2013 acquisition of iWatt. In April 2014, Fortis Advisors—acting on behalf…
Davis Polk Wins Motion to Dismiss in Prosensa Securities Litigation
On May 5, 2015, Davis Polk achieved a total victory in a securities litigation filed against its clients Prosensa Holding N.V. (“Prosensa”) and several of Prosensa’s individual officers and…
Davis Polk Obtains Dismissal for Orexigen Directors in a Stock Compensation Derivative Litigation
Davis Polk represents several current and former directors of Orexigen Therapeutics (the “Company”) in connection with derivative litigation relating to the award of equity compensation. On…
Davis Polk Achieves Major Victory for Morgan Stanley in Section 10(b) Class Action Arising from Subprime Trading Losses
Davis Polk achieved a major victory on behalf of Morgan Stanley and certain of its officers and directors in a Section 10(b) shareholder class action arising from Morgan Stanley’s 2007…
Major Victory for Morgan Stanley in ERISA Class Actions Arising from $9 Billion in Trading Losses and the Financial Crisis
Davis Polk achieved a major victory on behalf of Morgan Stanley and certain of its officers and directors in two Employee Retirement Income Security Act of 1974 (“ERISA”) class actions…
Davis Polk Wins Decisive Victory for Ingram Micro in Lawsuit Arising Out of the Refco Bankruptcy
Davis Polk won a significant victory on behalf of Ingram Micro, Inc. and its subsidiary CIM Ventures, Inc. (Ingram Micro) on Tuesday, July 31, 2012, when Judge Rakoff in the District Court…
Davis Polk Ends Decade-Long Securities Fraud Battle for Deloitte
On Friday, June 15, 2012, Davis Polk won a significant victory on behalf of Deloitte & Touche LLP in the Alabama Supreme Court with an affirmance of the dismissal of a securities-fraud…
Davis Polk Wins Decisive Victory for Credit Suisse in Research Analyst Class Action
On January 13, 2012, the U.S. District Court for the District of Massachusetts granted Credit Suisse summary judgment in a securities fraud class action that had been pending for nearly a…
Davis Polk Defeats Class Certification on Behalf of Morgan Stanley
On June 15, 2010, Judge Shira Scheindlin of the U.S. District Court for the Southern District of New York issued an order denying plaintiffs’ motion for class certification in Abu Dhabi…