News | Krislov Law

Beckwith Place L.P. v. General Electric Co.

Certified nationwide class against General Electric arising from dishwashers containing a defective switch causing fires; case settled.

In re Starlink Corn Products

Lead counsel for consumer claims arising from the dispersion of the genetically engineered Starlink™ corn strain into human food products; $9 million settlement for consumers.

In re Jacuzzi Brands S'holder Litig

In re Jacuzzi Brands Shareholder Litig., C.A. No. 2477-CC (Del. Ch.) (on executive committee to achieve settlement based on corporate therapeutics and reduction in the termination fee in connection with Apollo Management Co.’s takeover of Jacuzzi Brands).

Gosselin v. First Trust Advisors, L.P.

Smith v. The ServiceMaster Co.

Smith v. The ServiceMaster Co., C.A. No. 2924-VCS (Del. Ch.) (lead counsel in achieving therapeutic settlement in connection with Clayton Dubilier & Rice’s takeover of The ServiceMaster Company).

Ryan v. John H. Harland Co.

Ryan v. John H. Harland Co., No. 2007 CV 128712 (Fulton County, Ga.) (lead counsel in achieving disclosure settlement in connection with its takeover by M&F Worldwide Inc.).

Gavin v. AT&T Corp.

Corporation charged shareholders for delivery of stock certificates in connection with a merger when shareholders could have obtained certificates for free. The Seventh Circuit Court of Appeals reversed the district court’s dismissal, pursuant to the Securities Litigation Uniform Standards Act, because the exchange of stock certificates was not sufficient in connection with the merger that caused the stock certificate exchange.

Sumitomo Bank of California

We served as co-lead counsel in an underpriced bank takeover, challenged in California state court, which produced $4 million recovery for shareholders.

Malone v. Brincat

Malone v. Brincat, 722 A.2d 5 (Del. Sup. Ct. 1998) (establishing actionable director fiduciary duties of accurate disclosure of financial information to shareholders; rejecting claims being barred by federal securities laws; case was related to Mercury Finance Company sub-prime lender litigation).

In re Mercury Finance Co. Securities Litigation

Coordinated federal, state, and bankruptcy proceedings in the Northern District of Illinois. We served as lead counsel of state law securities fraud purchasers from failure of Lake Forest-based subprime auto lender. Helped lead multi-constituent claimant group through bankruptcy and federal securities litigation and arbitration, which recovered over $50 million for all, for a class which comprised of stock and bond purchasers, holders, direct and derivative claimants.