Month: May 2026

Lead Counsel in Appointments in 2 Securities Class Actions

Scott+Scott is pleased to announce that its Securities Practice Group has been appointed lead counsel in two class actions against monday.com Ltd. and Camping World Holdings, Inc. The lawsuit against monday.com Ltd. alleges the company misled investors about its AI growth potential. In the case against Camping World Holdings, Inc., the complaint alleges the company overstated its financial health while concealing inventory and margin-related issues.

UK Panel on Collective Competition Claims

Scott+Scott Partners Hannah Wright Jones and Cian Mansfield will be featured speakers at the panel titled “Has the Hanover Shoe dropped? The implications of the interchange pass-on judgment for indirect, consumer and collective competition claims.” The panel will discuss the Trial 2 pass-on judgment in the Interchange proceedings, in which each of the firms on the panel were involved, the clarification of the test for causation in establishing pass-on, and its ramifications for multi-level supply chain and consumer claims.

$5.5 Million Settlement Secured in Pharmaceutical Litigation

Scott+Scott, along with co-counsel, have obtained preliminary approval of a $5.5 million settlement against defendants Teva Pharmaceuticals USA, Inc., Granules Pharmaceuticals, Inc., and Heritage Pharmaceuticals, Inc in a long running litigation pending in the United States District Court, District of New Jersey. The plaintiffs alleged that the defendants marketed and sold generic metformin that were contaminated with N-nitrosodimethylamine (“NDMA”), and that this metformin was not approved by the U.S. Food and Drug Administration and could not be sold to the public.