News

On June 13, Barbara Hart spoke at The Engagement & Communication Conference for Management, Boards and Institutional Shareholders. Ms. Hart and panelists from KPMG and Morgan Stanley discussed Setting the Corporate Agenda: What Recent Engagement and the Fink Letter Say about Activism and Passive Investing in Our Distruptive Times. Charlotte Laurent-Ottomane, Executive Director of Thirty Percent Coalition moderated the discussion.…

June 2018 -- Lowey joins the Thirty Percent Coalition, advocating for diversity in corporate boardrooms.  Membership includes Institutional Investors, representing more than $3.2 trillion in assets under management. Barbara Hart, President and CEO of Lowey noted that joining the Thirty Percent Coalition reflects that Lowey shares the values and goals of its institutional investor clients. “Inclusion is a commitment of our clients;…

In May 2018, Lowey Dannenberg received final approval for a $309 million deal to resolve claims it brought on behalf of a class of investors who purchased financial instruments against defendants Deutsche Bank AG, Barclays PLC and HSBC Holdings PLC in a massive Euribor fixing conspiracy. In complex litigation before the Honorable P. Kevin Castel, spanning over 5 years, Plaintiffs…

Lowey Dannenberg was appointed co-lead counsel in In re Apple Processor Litigation, 18-cv-00147-EJD (N.D. Cal.), a proposed class action against Apple for defects in the design of central processing units (CPUs) in their electronic devices known as “Meltdown” and “Spectre,” which allow hackers and malicious programs potential access to highly secure personal information. In making the appointment, the court highlighted that…

In March 2018, the Honorable George B. Daniels preliminarily approved a $30 million settlement for investors in Yen-LIBOR (the London Interbank Offered Rate for the Japanese yen), Euroyen TIBOR (the Tokyo Interbank Offered Rate), and the prices of Euroyen TIBOR derivative contracts. These recent settlements with the Bank of Tokyo-Mitsubishi UFJ Ltd. and Mitsubishi UFJ Trust and Banking Corp. follow…