SEC orders second Fair Fund disbursement to Eagle Bancorp investors
The order moves settlement funds closer to harmed investors, a step plaintiff-side firms track to confirm clients' recoveries from SEC enforcement actions are being paid out.
Insights
Analysis by the firm's attorneys and briefs on public developments, with links to the primary sources. Unless stated otherwise, the firm is not counsel in the matters described.
Third Circuit scraps stock-price materiality rule, revives Ocugen suit
By rejecting a bright-line stock-price test for materiality, the ruling makes it harder for securities defendants in the Third Circuit to win dismissal simply because a stock price did not move after a corrective disclosure, which could help plaintiffs survive motions to dismiss in future cases.
Delaware Chancery rejects Saama founder's $67.5M earnout claim, orders payback
The decision illustrates how Delaware courts scrutinize post-merger earnout disputes and can impose affirmative monetary liability on a seller found to have manipulated earnout metrics, a precedent relevant to merger and earnout litigation the firm may encounter.
Judge lets FTC's ticket-scalping suit against Ticketmaster, Live Nation proceed
The decision keeps alive a major federal consumer-protection case over ticket-buying practices and fee disclosures, with the case now moving into discovery where more facts about the companies' practices may come to light.
JPML hears bids for Abbott and Nevro spinal cord stimulator MDLs
If the Panel grants the motions, manufacturer-specific spinal cord stimulator MDLs would sit alongside the Boston Scientific MDL created in June 2026.
FTC expands Amazon Prime settlement refunds, raising the per-consumer cap from $51 to $200
The order substantially widens the group of consumers receiving redress under one of the largest FTC settlements over subscription enrollment and cancellation practices.
SEC proposes rescinding Rule 14a-8 shareholder proposal rule and overhauling proxy solicitation
If adopted, the proposal would remove the federal route shareholders use to put proposals on company proxies, changing governance activism and related litigation strategy.
SEC alleges $16 million Ponzi scheme targeting Ghanaian Christian investors
The action reflects the SEC's focus on affinity fraud against retail investors; the allegations have not been adjudicated.
Texas court finds TikTok liable in AG suit over child safety misrepresentations; penalty trial next
A liability ruling for a state attorney general on platform safety misrepresentations adds to the record in parallel youth social media litigation and could shape other state enforcement.
Firm case: securities class action filed over TruGolf share dilution
The reported lead plaintiff deadline is September 28, 2026, and it applies only to an investor who wants to ask the court to lead the case; class members do not need to act by that date to remain in the class.
Jury awards $40 million in Bard implanted port bellwether trial
Bellwether verdicts inform, but do not decide, the roughly 3,700 other cases pending in the MDL, and post-trial motions or an appeal may follow.
California Legislature passes SB 690 limiting certain CIPA lawsuits
If signed, the bill would bar private suits under section 638.51 over website and app tracking, including pending claims in suits filed on or after January 1, 2025, while claims under sections 631 and 632 would remain available.
Chancery lets Whole Earth Brands merger claims proceed despite new safe harbors
The statutory safe harbors added in 2025 may not end merger litigation at the motion-to-dismiss stage when their conditions are disputed.
Meta settles state attorneys general youth-harm claims during trial
The settlement resolves claims by the participating states; claims by individual plaintiffs and school districts in the MDL remain pending.
Court approves $117.5 million Comcast data breach settlement
The settlement website lists a September 14, 2026 claim deadline; payments to class members with valid claims depend on the claims review and any appeals.
Second Circuit revives Signature Bank investors' fraud claims
In the Second Circuit, an FDIC receivership does not by itself take over failed-bank investors' securities fraud claims.
Firefighter turnout gear PFAS claims centralized in Minnesota
Turnout gear claims that do not involve AFFF exposure now proceed on their own track rather than inside the AFFF litigation.
California data brokers must now process deletion requests through DROP
Californians can ask every registered data broker to delete their personal information with a single request.
FTC and states sue Hims & Hers over health data sharing
Regulators are applying consumer protection law to the kind of health-data tracking at issue in many private pixel-tracking suits.
Securities class action filings rose 30% in the first half of 2026
In Cornerstone's count, AI-related filings accounted for about 73% of the Disclosure Dollar Loss Index in the first half of 2026.
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