Category: Uncategorized

Co-Lead Appointment in Case Against Equitable Financial

Scott+Scott has recently been appointed Co-Lead Counsel in a securities class action filed on behalf of those who between July 15, 2019 and July 18, 2022 invested in and/or made contributions to an EQUI-VEST variable annuity.

Co-Lead Appointment in Case Against HVAC Manufacturers

Scott+Scott has recently been appointed Co-Lead Counsel in an antitrust class action filed on behalf of HVAC businesses against the leading HVAC manufacturers in the United States, including Lennox, Trane, Carrier, Daikin, Bosch, Rheem, and others. The lawsuit, first filed in April 2026 in the United States District Court Eastern District of Michigan, seeks damages for businesses harmed by HVAC manufacturers’ alleged agreement to fix HVAC equipment prices.

Scott+Scott Secures $19.85M Settlement Against Hayward Inc.

Scott+Scott this week secured the final $19.85 million settlement in a securities class action against pool manufacturer Hayward Holdings, Inc. and its top executives. “After complex and hard fought litigation, we’re pleased to obtain this recovery for the Class. This is a strong settlement that will immediately return millions of dollars to well-deserving Class Members,” said Scott+Scott Partner Max Schwartz.

Defendants’ Motion for Summary Judgment Defeated

Scott+Scott this week defeated a motion for summary judgment in a securities class action against Acadia Pharmaceuticals, Inc. and several of the company’s top executives. Judge William Q. Hayes of the United States District Court of the Southern District of California denied the defendants’ motion in full while also largely turning down the defendants’ Daubert motion to exclude key plaintiff-side experts.

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.

Microsoft Must Face £2 Billion Legal Action

The Competition Appeal Tribunal (CAT) has ruled to certify a £2 billion legal opt-out collective action against Microsoft over its cloud computing and software practices. The court case, brought by leading digital markets regulation expert Dr Maria Luisa Stasi, accuses Microsoft of overcharging UK businesses and organisations that use its Windows Server on rival cloud services. The case seeks compensation for approximately 59,000 businesses and organisations.

Co-Lead Counsel Appointment in Globe Life Inc. Case

Scott+Scott Attorneys at Law LLP has been appointed co-lead counsel in a consolidated shareholder derivative litigation first filed in 2024 involving Globe Life Inc.. With the appointment, Judge Amos L. Mazzant, United States District Judge for the U.S. District Court, Eastern District of Texas, granted the Plymouth County Retirement Association’s bid to serve as sole lead plaintiff. “As co-lead counsel, Scott+Scott recently secured a mid-trial settlement for $190 million in the first Caremark oversight claim to make it to trial in Delaware history.[…]The Court finds that this unique achievement puts Scott+Scott’s track record above that of its competitors,” Judge Mazzant noted in his Court order.

Consumer Class Action Filed Against Capital One

Scott+Scott Attorneys at Law has filed a consumer class action lawsuit against Capital One, N.A., alleging that the bank refused to pay customers the promised credit card rewards contractually promised to card holders. The lawsuit was filed in the United States District Court, Eastern District of Virginia. While Capital One at the end of 2024 reported that its credit card holders had earned $9 billion in rewards, the lawsuit alleges that Capital One, breached the terms of users contracts, cancelled credit card accounts which were not in default and then denied the holders of those accounts the ability to redeem earned rewards on their credit cards.

Trial Against Hedge Fund Armistice Capital Opens

Scott+Scott Attorneys at Law, along with co-counsel, began trial today against hedge fund Armistice Capital and its two executives, Steven Boyd and Keith Maher, who had invested heavily in Vaxart, Inc., a biotechnology company. The trial will revolve around allegations that defendants orchestrated a pump-and-dump scheme by strong-arming Vaxart’s CEO, Andrei Floroiu, to knowingly issue a false and misleading press release touting Vaxart’s “selection” for Operation Warp Speed, a government program providing massive funding to companies engaging in clinical trials of COVID-19 vaccine candidates on human subjects.