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Dollar General
Notable
By Andrea Farah
Lowey Dannenberg is currently prosecuting a shareholder derivative case against Dollar General’s Board of Directors and certain officers for its persistent failure to implement and maintain an effective system of […]
News
Lowey Secures Preliminary Approval of $60 Million Settlement in In re JPMorgan Precious Metals Spoofing Litigation
On December 20, 2021, Judge Gregory H. Woods of the United States Court for the Southern District of New York granted preliminary approval of a $60 million dollar settlement in in In re JPMorgan Precious Metals Spoofing Litigation, 18-cv-10356 (S.D.N.Y.). This settlement resolves claims against JPMorgan for the alleged manipulation of the precious metals futures market.
Blog
Elon Musk’s Tweets and Popular Cryptocurrencies
Back in 2018, the Securities and Exchange Commission settled a securities fraud charge with Tesla and Elon Musk. The charge arose as a result of a Musk tweet that he had secured funding to take Tesla private, causing Tesla’s stock price to soar. The settlement resulted in a $20 million fine for...