5/29/2014 - Barrack, Rodos & Bacine announces that it has filed a class and derivative lawsuit in the Court of Chancery of the State of Delaware on behalf of the public stockholders of Cheniere Energy, Inc.

4/10/2014 - The Honorable Berle M. Schiller has appointed an institutional investor group including BR&B clients as lead plaintiff and has appointed BR&B as co-lead counsel in West Palm Beach Police Pension Fund v. DFC Global Corp., et al., Case No. 13-cv-6731, pending in the United States District Court for the Eastern District of Pennsylvania.  Click here for a copy of Judge Schiller’s opinion. 

2/19/2014 - BR&B served as counsel for plaintiff Frank David Seinfeld in Seinfeld v. Slager, a stockholder derivative action claiming that the board of directors of Republic Services, Inc. violated their fiduciary duties in awarding themselves excessive compensation.  After full briefing and argument on the defendants’ motions to dismiss, the Court sustained the complaint, finding that “[i]n reading the Complaint and the Stock Plan, I find no effective limits on the total amount of pay that can be awarded through time-vesting restricted stock units.

2/5/2014 - In November 2013, the United States Supreme Court granted certiorari in Erica P. John Fund v. Halliburton, a securities fraud class action.  The Court agreed to hear Halliburton’s appeal of the district court’s decision to allow the lawsuit to proceed as a class action.  The Supreme Court is being asked to overturn the 1988 landmark decision in Basic, Inc. v.