Month: January 2025

Scott+Scott Files Lawsuit Against ModivCare, Inc.
Scott+Scott this week filed a securities class action lawsuit in the United States District Court for the District of Colorado against ModivCare, Inc.. The Class Action is captioned: Kalera v. ModivCare, Inc., et al., Case No. 1:25-cv-00306. If you purchased ModivCare securities between November 3, 2022, and September 15, 2024 and were damaged thereby, you are a member of the “Class” and may be able to seek appointment as lead plaintiff.
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Seven Attorneys Recognized as Global Antitrust Leaders
We are thrilled to announce that seven partners across Scott+Scott’s U.S. and transatlantic offices have been recognized to be listed in Lawdragon’s newly launched 2025 guide 500 Leading Global Antitrust & Competition Lawyers. “These lawyers excel in crafting transaction terms that will pass muster with global regulatory bodies. They know how to navigate a growing array of worldwide authorities who examine the impact of a deal in hotly contested industries,” according to Lawdragon.
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Scott+Scott Supports DELREC’s Mission to Educate Students
Scott+Scott is proud to support the Delaware Law Related Education Center Inc. (DELRREC) in its efforts to provide meaningful learning experiences and skill-building opportunities for students across Delaware. Through a variety of programs and initiatives, DELREC works to deepen students’ understanding of the law, promote involvement in law-related education, highlight careers in the legal and public service sectors, and inspire interest in pursuing legal professions.
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Scott+Scott Secures $120M Recovery in Case Against Banks
Scott+Scott is pleased to announce the approval of a landmark settlement of $80M in an investor class action against some of the world’s largest banks, including Citigroup, UBS, NatWest, Bank of America, and Meryll Lynch, securing a total $120M in recovery and resolving the case in its entirety. In the long-running lawsuit In re European Government Bonds Antitrust Litigation filed in the United District Court of the Southern District of New York on behalf of three pension funds, Scott+Scott, along with co-counsel, alleged that the defendants conspired to fix European government bond prices.
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Collective Action Trial Against Shipping Cartel Begins
The trial in the Car Delivery Charges legal action against a shipping cartel brought by Mark McLaren, class representative acting on behalf of UK consumers and businesses who purchased or leased new cars and vans between October 2006 and September 2015 will commence on Monday 13 January 2025 at 10:30am at the Competition Appeal Tribunal (CAT). The trial is scheduled to last for nine weeks. The trial is against the two remaining defendant shipping companies in the cartel, MOL and NYK who represent 47.7% of the cartel.
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