AmLaw Litigation Daily featured Motley Rice securities fraud attorney Lance Oliver in its Litigators of the Week column Sept. 24, 2021 following the announcement of a proposed $809 million settlement that, if approved, will be the largest securities fraud settlement in U.S. history against a social media company.
Motley Rice LLC is proud to announce four new members. This class of new member attorneys possesses experience throughout the firm’s practice areas, including occupational disease, securities fraud, consumer fraud, whistleblower, defective medical devices and opioid litigation.
Motley Rice LLC negotiated a settlement resolving litigation against Twitter, Inc. and two former senior executives. The preliminary settlement came the Friday before jury selection was scheduled to begin on Monday Sept. 20, 2021. The case would have been a rare event – a securities fraud class action jury trial. Shareholders alleged that the social media giant misrepresented its daily user growth in 2015 to inflate its stock price.
The Flemish Region of Belgium on September 14 served a Notice of Default against 3M Belgium and 3M Company alleging the company violated the nation’s Environmental Act and possibly international laws by discharging per- and polyfluoroalkyl substances (PFAS), or perflourinated chemicals from its industrial facility in Zwijndrecht, near Antwerp, Belguim, causing extensive environmental contamination. The Minister of Justice and Enforcement, Environment, Energy and Tourism of the Flemish Government formally issued today’s notice both in Belgium and at 3M Company’s headquarters in the State of Minnesota.
Only days ahead of the 20th memorial of September 11, President Biden took a bold step toward transparency and accountability unprecedented in the two decades and three preceding administrations since 9/11, signing an executive order today declassifying documents that are expected to provide a window into the extent of The Kingdom of Saudi Arabia’s involvement in the terrorist attacks.
The Direct Purchaser Plaintiffs’ antitrust claims, which allege that JUUL schemed with global cigarette manufacturer Altria Group, Inc. to tighten its grip on the e-cigarette industry, withstood a motion to dismiss on Aug. 19, 2021.
The Best Lawyers in America® included 36 Motley Rice attorneys in its 28th edition. Medical attorneys Carmen Scott and Fred Thompson are listed as “Lawyer of the Year” for Charleston, S.C.
U.S. District Judge Charles Breyer appointed Joe Rice as a member of the Plaintiffs’ Steering Committee for multidistrict litigation filed in the Northern District of California against global consulting firm McKinsey & Co., over its alleged role in creating the opioid crisis.
AmLaw Litigation Daily featured Joe Rice and other members of the National Prescription Opiate MDL’s PEC in its Litigators of the Week column July 23, 2021 following the proposed $26 billion settlements that, if approved, would resolve claims against Johnson & Johnson and opioid distributors, AmerisourceBergen, Cardinal Health, and McKesson.
Three more lawsuits alleging sexual abuse by former priest, Father Arthur Fernando, have been filed in the Supreme Court of the State of New York, New York County. The Roman Catholic Archdiocese of New York, The Church of Our Lady Help of Christians, Our Lady Help of Christians School, and the Catholic School Region of Staten Island are defendants in the suits.