A federal judge in Manhattan dismissed a derivative lawsuit accusing Morgan Stanley Smith Barney of manipulating an Israeli tech company’s stock price through a temporary trading ban, ruling the claims were meritless and time-barred.
XDOOD LLC v. Interactive Brokers Group, Inc. et al
A Southern District of New York judge denied a stay pending appeal in a complex commercial dispute, ruling that respondents' claims regarding foreign law conflicts and jurisdictional divestiture were without merit and that they failed to...
Telecom Business Solution, LLC et al v. Terra Towers Corp. et al
A federal judge in New York found a glassless mirror maker acted in bad faith by copying a competitor’s brand but limited the permanent injunction to a disclaimer due to the plaintiff’s 15-year delay in suing.
Mirrorlite Mirror, Inc. v. LiteMirror, GMM Inc.