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The CFTC Whistleblower Program

What is the CFTC? The U.S. Commodity Futures Trading Commission (“CFTC”) is an independent government agency that regulates US futures and options markets. The CFTC’s Division of Enforcement investigates violations of the Commodity Exchange Act (“CEA”) and other CFTC regulations, including fraud, market manipulation, disruptive trading practices, and trade practice […]

25 Berger Montague Attorneys Named 2019 Pennsylvania Super Lawyers and Rising Stars

Berger Montague is proud to announce that Thomson Reuters has named its Chairman, Eric L. Cramer, and one of its Managing Shareholders, Shanon J. Carson, “Top 100” Super Lawyers for both Philadelphia and Pennsylvania, and that 25 of the Firm’s attorneys have been deemed 2019 Pennsylvania Super Lawyers or Rising Stars in their respective practice areas.

Sarbanes-Oxley Act of 2002

Congress passed the Sarbanes-Oxley Act of 2002 (also known as “SOX” and the Corporate Responsibility Act of 2002) in response to high-profile financial scandals in the early 2000s involving publicly traded companies such as Tyco, WorldCom and Enron, which called into question the trustworthiness of corporate financial statements. Its goal is to […]

United States Supreme Court Unanimously Applies Extended Statute of Limitations under False Claims Act Favorably to Relators

As readers of this blog well know, the False Claims Act allows individuals who become aware of fraud committed against the federal government to bring a lawsuit on the government’s behalf. Although there are a variety of restrictions, the whistleblower (also called a relator) files the case under seal, allowing […]

H. Laddie Montague Jr. Named a 2019 Titan of the Plaintiffs Bar by Law360

Berger Montague is proud to announce that Law360 has named Chair Emeritus & Of Counsel H. Laddie Montague Jr. a 2019 Titan of the Plaintiffs Bar. He is one of only ten plaintiffs bar attorneys to receive this prestigious honor.

Berger Montague’s Antitrust Practice Group, Department Co-Chairs Ranked in Chambers USA 2019

Berger Montague is proud to announce that the Firm’s antitrust practice group has been recognized in Chambers USA 2019 in the Antitrust – Pennsylvania category as a Band 1 law firm.

Court Ruling Supports Employee Use of Company Documents to Report Alleged Fraud

In an April 2019 opinion from the Eastern District of Pennsylvania, the court denied a company’s motion to require its employee to return all documents the employee had taken for purposes of reporting a suspected fraud to the government. In United States ex rel. Behnke v. CVS Caremark Corp., No. […]

Ontario Appellant Court will examine an Underwriters’ Duty of Care to Investors

(April 8, 2019).  In LBP Holdings Ltd. v. Hycroft Mining Corp., 2017 ONSC 6342, the Ontario Superior Court of Justice (Justice Perell) declined to certify a negligence misrepresentation class action claim against the underwriters of Hycroft Mining Corp.’s (“Hycroft”) secondary offering. The Plaintiff alleged that the prospectus associated with Hycroft’s […]

Berger Montague Wins Two Awards in Legal Intelligencer’s 2019 Professional Excellence Awards Series

Chair Emeritus & Managing Shareholder Sherrie R. Savett has been named a 2019 Distinguished Leader, and the entire firm was named 2019 Class Action Litigation Department of the Year. Each year, The Legal Intelligencer’s Professional Excellence Awards honor Pennsylvania law firms and attorneys who have made a significant, positive impact on the legal profession.

Protecting the Micro-Cap Investor: Colt Resources Inc.

(April 5, 2019).  Lawyers Andrew Morganti, Albert Pelletier, and Hadi Davarinia were successful in earning the Ontario Superior Court of Justice’s approval to grant their clients’ motion for leave to proceed towards discovery and trial against Colt Resources Inc. (“Colt”) and several of its former officers and directors.  The decision […]

Tulips to Cannabis: Bubbles Will Burst

(March 30, 2019).  Tulips bankrupted thousands of investors, Dot.coms managed by amateurs bankrupted hundreds of thousands of investors, and so market participants have been warned that Cannabis companies with the lofty valuations as Dot.coms managed by the same type of amateurs will too burst.  Your dreams of becoming a successful […]

Sherrie R. Savett Speaks at Practising Law Institute’s “Securities Litigation 2019: From Investigation to Trial” Program

On April 1, 2019, Chair Emeritus & Managing Shareholder Sherrie R. Savett spoke on a panel at the Practising Law Institute’s (“PLI”) Securities Litigation 2019: From Investigation to Trial program in New York City. Ms. Savett—along with Berger Montague Shareholder Phyllis M. Parker—also co-authored an article for the program that was published in PLI’s Corporate Law and Practice Course Handbook Series. The article is titled “After the Fall—A Plaintiff’s Perspective.”