News Archive — All

ValueClick Settlement Receives Preliminary Approval

6/30/2009 - Barrack, Rodos & Bacine, sole lead counsel for lead plaintiffs in Waldrep v. ValueClick, Inc., et al., Case No. CV 07-5411 DDP, announces that the Honorable Dean D.

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Four Barrack, Rodos & Bacine Partners Named Pennsylvania Super Lawyers

6/15/2009 - Law and Politics, which publishes the annual Pennslyvania Super Lawyers Magazine, has named four Barrack, Rodos & Bacine attorneys to its prestigious Super Lawyers list for 2009. Senior Founding Partner Leonard Barrack, along with partners Jeffrey W. Golan and Mark R. Rosen were all recognized for outstanding professional achievement in securities litigation.

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Consolidated Class Action Complaint Filed in AIG Case

5/19/2009 - In In re American International Group, Inc. 2008 Securities Litigation, Barrack Rodos & Bacine, as co-lead counsel on behalf of the lead plaintiff, The State Treasurer of Michigan, as custodian of the Michigan Public School Employees Retirement System, the State Employees’ Retirement System, the Michigan State Police Retirement System, and the Michigan Judges Retirement System (“SMRS”), files a Consolidated Class Action Complaint against AIG...

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Complexity and Collapse: The Credit Crisis - sponsored by Barrack, Rodos & Bacine

4/28/2009 - Prominent experts in the fields of capital markets, corporate governance, asset securitization, securities regulation and bankruptcy gathered at Temple University’s Beasley School of Law in Philadelphia, PA for a legal symposium entitled Complexity and Collapse: The Credit Crisis sponsored by Barrack, Rodos & Bacine. The panel of speakers, including Robert D. Drain, U.S. Bankruptcy Judge for the Southern District of New York, Jill E. Fisch, Professor of Law and co-Director of the Institute for Law and Economics at the University of Pennsylvania Law School, and Joseph Grundfest, W.A.

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BR&B Derivative Case Against ADM Executives Upheld

3/28/2011 - In an opinion issued on March 28, 2011, Chief Judge Gregory M. Sleet of the United States District Court for the District of Delaware denied the defendants' motion to dismiss BR&B's executive-compensation and corporate governance derivative case against executives of Archer-Daniels-Midland Company (“ADM”), which alleges that ADM’s board of directors disseminated a false or misleading proxy statement on September 25, 2009.

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BR&B Files Lawsuit for GSI Commerce Shareholders

3/29/2011 - On March 29, 2011, Barrack, Rodos & Bacine filed a shareholder action for the Southeastern Pennsylvania Transportation Authority on behalf of the public stockholders of GSI Commerce, Inc. (“GSIC”). The case names as defendants each member of GSIC’s board of directors as well as eBay Inc. (“eBay”) in connection with eBay’s proposed acquisition of GSIC through a merger.

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AIG Update: BR&B Files Lead Plaintiff's Class Motion

4/11/2011 - On behalf of the State of Michigan Retirement Systems (“SMRS”), the lead plaintiff in the American International Group, Inc. (AIG) 2008 Securities Litigation, Barrack, Rodos & Bacine filed a motion for class certification, requesting that the court certify a class consisting of all persons or entities, other than defendants and their affiliates, who purchased American International Group, Inc. common stock, preferred stock and other securities that traded on a U.S.

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PSERS Appointed Lead Plaintiff in Bank of America Litigation

6/20/2011 - The Honorable William H. Pauley III has appointed the Pennsylvania Public School Employees’ Retirement System as lead plaintiff and Barrack, Rodos & Bacine as lead counsel in Pennsylvania Public School Employees’ Retirement System v. Bank of America Corp., et al., Consolidated Civil Action No.

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BR&B Announces Final Approval of MF Global Settlement

11/18/2011 - Barrack, Rodos & Bacine announces that on November 18, 2011, Judge Victor Marrero of the United States District Court for the Southern District of New York granted final approval of the $90 million settlement of Rubin v. MF Global, Ltd.

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WorldCom Court Approves $38 Million Recovery from Andersen

12/14/2012 - More than seven years after In re WorldCom, Inc. Securities Litigation was settled for over $6.15 billion in 2004 and 2005, an additional $38 million recovery reached between the Lead Plaintiff and WorldCom’s former auditor Arthur Andersen was granted final approval by the Court on December 14, 2012.

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