Firm Cases

Levine Lee Files Amicus Curiae Brief on Behalf of Former New York Judges and Justices in Support of Defendant New York State’s Motion to Dismiss Action Brought by the Trump Administration to Invalidate the Protect Our Courts Act

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Levine Lee, together with the Brennan Center for Justice at NYU School of Law, files an amicus curiae brief on behalf of eight former New York judges and justices in United States v. State of New York et al., in the United States District Court for the Northern District of New York. The amici argue … Read more

SEC Closes Investigation into Client Eros Media World

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Levine Lee client Eros Media World, a global media and entertainment powerhouse and leading player in the Indian film industry, announced that the SEC has closed its investigation of Eros Media World into allegations of inflated revenues, improper related party transactions, and false and misleading financial disclosures. Eros Media World is a longstanding client of … Read more

Former Allianz Executive Receives Probationary Sentence

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On December 6, 2024, Levine Lee client Greg Tournant received a sentence of probation with home confinement, and no prison time. Mr. Tournant, who formerly managed the Structured Alpha Funds at Allianz Global Investors US, was charged with fraud and causing losses in excess of $7 billion to investors when the Funds collapsed in March … Read more

Levine Lee Obtains Final Approval of Federal Securities Class Action Settlement on Behalf of iAnthus Capital Holdings, Inc.

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On May 28, 2024, the U.S. District Court for the Southern District of New York granted final approval of the parties’ proposed settlement in In re iAnthus Capital Holdings, Inc. Securities Litigation, No. 20-cv-3135 (S.D.N.Y.), a putative class action securities litigation against iAnthus Capital Holdings, Inc., a publicly traded Canadian cannabis company operating across the … Read more

Levine Lee Obtains Final Approval of Federal Securities Class Action Settlement on Behalf of Eros Media World Plc

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On November 28, 2023, the U.S. District Court for the District of New Jersey granted final approval of the parties’ proposed settlement in In re Eros International Plc Securities Litigation, No. 19-cv-14125 (D.N.J.), a putative class action securities litigation led by hedge-fund plaintiffs against Eros Media World Plc, a global entertainment and media company. Plaintiffs’ … Read more

Lead Plaintiffs Voluntarily Dismiss Securities Class Action Against the Dogecoin Foundation Following Levine Lee’s Motion To Dismiss

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Levine Lee represented the Dogecoin Foundation, Inc., the organization responsible for supporting the Dogecoin crypto-currency, in a putative class action securities litigation brought in the Southern District of New York against the Dogecoin Foundation, Elon Musk, and Tesla, Inc. Lead Plaintiffs originally sought $258 billion in damages related to the alleged manipulation of the Dogecoin … Read more

Levine Lee LLP Secures Judgment of Acquittal for Gavin Black in LIBOR Case

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After more than five years of litigation, Levine Lee LLP secured a complete acquittal for our client Gavin Black, a former Deutsche Bank derivatives trader. As part of the massive investigation into alleged manipulation of LIBOR, the Justice Department’s Fraud Section criminally charged Gavin Black in the Southern District of New York. On January 27, … Read more

Levine Lee Obtains Final Approval of Federal Securities Class Action Settlement on Behalf of Sterling Bancorp, Inc.

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On September 23, 2021, the U.S. District for the Eastern District of Michigan granted final approval of the parties’ proposed settlement in Oklahoma Police Pension & Retirement System v. Sterling Bancorp et al., No. 20-cv-10490 (E.D. Mich.), a major putative class action securities litigation lead by a pension-fund shareholder against Sterling Bancorp, Inc. (“Sterling”). Plaintiff’s … Read more

Levine Lee Obtains Dismissal of Class Action Securities Claims Against iAnthus Capital Holdings, Inc.

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The U.S. District Court for the Southern District of New York granted the motions to dismiss filed by iAnthus Capital Holdings, Inc. (“iAnthus”) in a complex, consolidated action that includes (1) a putative class action securities complaint filed against iAnthus by its shareholders alleging violations of Sections 10(b) and 20(a) of the Exchange Act and … Read more