News
Lowey Dannenberg Fights Madoff’s Early Release on behalf of New York Unions Funds
Upstate New York unions who were fleeced by Madoff wrote Honorable Denny Chin, U.S. Circuit Judge for the Southern District of New York, in opposition to Madoff’s recent bid for early release. Lowey Dannenberg’s Barbara Hart and Thomas Skelton who represented...
Lowey Wins Dismissal of ERISA Class Action; Third Circuit Affirms Summary Judgment
On February 13, 2020, Lowey won dismissal for its clients – Aetna and The Rawlings Company – when the Third Circuit Court of Appeals affirmed dismissal of the plaintiff’s ERISA class action. See Minerley v. Aetna, Inc., 2020 WL 734448 (3d Cir. Feb. 13, 2020). When...
Lowey Announces $53.0 Million Settlement on Behalf of Investors in Community Health Systems Common Stock
On January 31, 2020, Lowey announced that it had received preliminary court approval of a $53.0 million settlement with defendants Community Health Systems, Inc. (“CHS” or “the Company”) and the company’s CEO and former CFO (“Defendants”) in Norfolk Retirement Systems...
Lowey Wins Certification of Class On Behalf of CBOT Wheat Futures Traders in Kraft Case
On January 3, 2020, the Honorable Edmond E. Chang of the Northern District of Illinois granted plaintiffs’ motion for class certification against defendants Kraft Food Group, Inc. and Mondelēz Global LLC. The case arises out of the defendants’ alleged manipulation of...