8/2/2022 - On August 2, 2022, United States District Judge Dabney L. Friedrich of the District of Columbia granted final approval of the $65.75 million settlement of a securities class action lawsuit against drug maker Mallinckrodt plc, its CEO and former CFO.  The settlement was negotiated by Barrack, Rodos & Bacine on behalf of its client, the State Teachers Retirement System of Ohio (“STRS Ohio”).

7/21/2022 - The term “Philadelphia Lawyer” originated in the 18th century as a description of members of the Philadelphia bar, then widely considered the best trained in the American colonies and exceptionally skilled in the law and rhetoric.  Its first known usage dates back to 1788, when it was used to describe a Philadelphia-based lawyer named Andrew Hamilton, who is best known for his legal victory on behalf of printer and newspaper publisher John Peter Zenger. 

4/14/2022 - On April 14, 2022, Barrack, Rodos & Bacine filed a lawsuit against JPMorgan Chase & Co.,  its CEO Jamie Dimon, and its President Daniel Pinto, alleging that the company had violated the disclosure requirements of the federal securities laws when it granted huge special options awards to Dimon and Pinto in July and December 2021 without disclosing important information about how those awards were calculated.  According to the complaint, in JPMorgan’s April 4, 2022 Proxy Statement, the company revealed that, in July and December 2021, it had granted Dimon and Pinto “special”

3/3/2022 - In early March, 2022, Barrack partner Stephen R. Basser was appointed to the plaintiffs’ “Science/Experts Sub-Committee” in the In re Philips Recalled CPAP, Bi-Level and Mechanical Ventilator Products Liability Litigation class action being litigated in the United States District Court for the Western District of Pennsylvania.