• Recently Filed Cases

    • Onyx Pharmaceuticals, Inc.

      WeissLaw LLP announces that it has filed a class action complaint challenging the acquisition of Onyx Pharmaceuticals, Inc. (NASDAQ: ONXX) by Amgen Inc. (NASDAQ: AMGN). WeissLaw LLP’s Complaint focuses on Onyx’s Board of Directors’ (the “Board”) failure to adequately compensate its shareholders via the proposed merger with Amgen and failure to undertake a fair process to obtain maximum value for its shareholders.

    • Denbury Resources, Inc.

      A class action lawsuit against Denbury Resources, Inc. and certain individuals associated with the Company was commenced on behalf of all former Encore Acquisition Company shareholders whose shares were acquired by Denbury pursuant to a Joint Proxy Statement/Prospectus dated February 5, 2010.

    • Fuqi International, Inc.

      A class action lawsuit against Fuqi International, Inc. (“Fuqi” or the “Company”)(NASDAQ:FUQI) and certain individuals associated with the Company was commenced in the United States District Court for the Southern District of New York on behalf of shareholders who purchased Fuqi shares between May 15, 2009 and March 16, 2010.

  • Ongoing Cases

    • Denbury Resources, Inc.

      A class action lawsuit against Denbury Resources, Inc. and certain individuals associated with the Company was commenced on behalf of all former Encore Acquisition Company shareholders whose shares were acquired by Denbury pursuant to a Joint Proxy Statement/Prospectus dated February 5, 2010.

    • Siemens AG

      A class action lawsuit against Siemens AG (“Siemens”) (NYSE:SI) was commenced in the United States District Court for the Eastern District of New York on behalf of purchasers of the American Depository Receipt Shares (“ADRs” or “shares”) of Siemens between November 8, 2007 and April 30, 2008 (the “Class Period”).

    • STEC, Inc.

      Weiss & Lurie announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of purchasers of STEC, Inc. (“STEC” or the “Company”) (NASDAQ:STEC) securities from June 16, 2009 through November 3, 2009 (the “Class Period).

    • Direxion Shares ETF Trust

      A class action lawsuit against Direxion Shares ETF Trust (“Direxion” or the “Company”) and certain individuals associated with the Company was commenced in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired shares in the Financial Bear 3X Shares Fund (NYSE:FAZ) Arca (the “FAZ Fund”) offered by Direxion pursuant or traceable to Direxion’s allegedly materially false or misleading Registration Statement issued in connection with the FAZ Fund’s shares (the “Class”) during the period November 3, 2008 through April 9, 2009 (the “Class Period”).

  • Settled Cases

    • Imperial Holdings, Inc. Derivative Litigation

      The Derivative Settlement resolves an action, Robert Andrzejczyk v. Antony Mitchell, et al., 15th Judicial Circuit of Florida Case No. 502012-CA-013286XXXXMB-AJ, filed by Imperial shareholders on behalf of Imperial. The Derivative Plaintiffs claim that Imperial was harmed by the acts of the Derivative Defendants when they allegedly breached their fiduciary duties by knowingly or recklessly approving the Company’s improper practices in the operation of the Company’s core premium financing business, failing to oversee in good faith the Company’s operational and internal controls including compliance with all applicable laws, and knowingly or recklessly ignoring red flags that would have alerted them to the violations of law. The Derivative Plaintiffs also claim that Defendants’ alleged misconduct has caused severe and irreparable injury and damages to the Company, particularly, reputational damage to the Company including damage to the price of the common stock, costs, fees and expenses incurred in connection with the various investigations, the $8 million penalty paid to various federal agencies, the revenue lost and expenses incurred (including the write down in the value of the policies still owned by the Company) as a result of the termination of the Company’s premium finance business; and the costs, fees and expenses incurred in connection with the Securities Class Action.

    • Zapata Corp.

      The complaint alleges that defendants engaged in a plan and scheme to artificially inflate Zapata's stock price by materially misrepresenting to the investing public the business condition, strategy and future business prospects of Zapata.

    • Western Digital Corp.

      Plaintiffs bring this action as a class action, pursuant to Fed. R. Civ. P. 23, on behalf of a class of purchasers of the common stock of Western Digital to recover damages arising from defendants' violations of the federal securities laws. This class action is brought on behalf of a class of all purchasers of Western Digital common stock (the "Class") between July 25, 1996 and January 29, 1998 (the "Class Period"). This action involves a course of conduct by Western Digital insiders, officers and directors of the Company that was designed to, and did, defraud those who purchased Western Digital securities during the Class Period.

    • V-One Corporation

      The Complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5). The action arises from damages incurred by the Class as a result of a scheme and common course of conduct by defendants which operated as a fraud and deceit on the Class during the Class Period.