News Room

News Archive — 2019

Court Upholds Securities Law Complaint Against Mallinckrodt plc and Its Senior Executives

7/30/2019 - On July 30, 2019, United States District Judge Dabney L. Friedrich of the District of Columbia substantially denied defendants’ motions to dismiss the Consolidated Class Action Complaint in Shenk, et al. v.

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Delaware Court Business Insider Publishes BR&B Attorney's Article About Director Compensation Decision

7/10/2019 - Delaware Court Business Insider published an article by BR&B associate Julie B. Palley about a recent Chancery Court decision reaffirming the standard that courts should employ when scrutinizing directors’ decisions on their own compensation.  The directors are required to justify those decisions under the “entire fairness standard.”  Stein v. Blankfein, No. 0354, 2017 (Del. Ch.

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Barrack, Rodos & Bacine Files Lead Plaintiff's Class Action Complaint Against Dentsply Sirona, Inc. and Certain Current and Former Officers and Directors

5/6/2019 - On May 6, 2019, Barrack, Rodos & Bacine, serving as lead counsel, filed a securities class action complaint of BR&B client, Strathclyde Pension Fund, the Court-appointed lead plaintiff, on behalf of a class of investors who either: (1) purchased or otherwise acquired the common stock of Dentsply International, Inc. (“Dentsply”) and its successor-in-interest Dentsply Sirona, Inc.

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Barrack, Rodos & Bacine Files Action Seeking Access to Ford Motor Company Internal Records on Racial Discrimination and Sexual Harassment

1/28/2019 - Barrack, Rodos and Bacine filed a books and records lawsuit in Delaware Chancery Court in order to investigate Ford Motor Company’s response to widespread claims of sexual harassment and racial discrimination at the company.  BR&B filed the action on behalf of investor Robert Freedman under Section 220 of Delaware’s General Corporation Law for the purpose of investigating potential mismanagement and lack of oversight by Ford's board of directors.  The action seeks information about the board’s actions - or lack of action - in response to repeated instances and findings of disc

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Court Allows Action Against Tokai Pharmaceuticals, Inc. and Underwriters to Proceed

1/8/2019 - On January 8, 2019, Judge Janet Sanders of the Superior Court of Suffolk County, Massachusetts denied defendants’ motions to dismiss the Consolidated Class Action Complaint in Wu v.

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