Successes

Pirnik v. Fiat Chrysler Automobiles, N.V., 15-CV-7199 (JMF)

The Rosen Law Firm was co-Class Counsel in this class action in the U.S. District Court for the Southern District of New York. The complaint alleged violations of §§10b and 20(a) of the Securities Exchange Act arising out of the Company’s issuance of materially false and misleading statements about its true business condition. The parties settled this action for $110 million in cash.

Deering v. Galena Biopharma, Inc., No. 3:14-cv-00367-SI (Partial Settlement)

The Rosen Law Firm is currently serving as co-Lead Counsel in this class action pending in the U.S. District Court for District of Oregon. The complaint alleges violations of §§10b and 20(a) of the Securities Exchange Act arising out of the Company concealing an undisclosed stock promotion scheme. The firm secured a partial settlement for $20 million consisting of $19 million in cash and $1 million in stock. The case continues against other defendants.

Hayes v. Magnachip Semiconductor Corp., No. 12-CV-1160-JST

The Rosen Law Firm was co-Class Counsel in this certified class action in the U.S. District Court for Northern District of California. The complaint alleged violations of §§10b and 20(a) of the Securities Exchange Act arising out of the Company’s issuance of false financial statements. The parties settled this action for $29.7 million in cash.
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