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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.”

Berger Montague Files Class Action Lawsuit Against The Glen Mills Schools on Behalf of Abused Children

Berger Montague PC, a national class action and complex litigation law firm, and famed civil rights attorney David Rudovsky of Kairys, Rudovsky, Messing, Feinberg & Lin, LLC, have joined together to file a class action lawsuit on behalf of current and former students of The Glen Mills Schools who were physically and mentally abused while residing under the care of the School.

Duke University Settles Research Fraud False Claims Act Allegations for $112.5 Million

On March 25, 2019, the Department of Justice announced a large settlement with Duke University for False Claims Act (“FCA”) allegations related to fraud in connection with federal grants. Duke will pay the government $112.5 million to resolve allegations that it violated the FCA through the submission of various applications […]

H. Laddie Montague Jr. Named 2019 Influencer of Law by Philadelphia Inquirer

Berger Montague is excited to announce that the Philadelphia Inquirer has selected Chair Emeritus & Of Counsel H. Laddie Montague Jr. as a 2019 Influencers of Law Award Winner.

Whistleblower Awarded More Than $2 Million By Commodity Futures Trading Commission

An individual whistleblower who provided information about fraud to the Commodity Futures Trading Commission (“CFTC”) was just awarded more than $2 million for information that led to both a CFTC action and a related action brought by another federal agency. The whistleblower’s contribution included significant assistance in analyzing complex market […]

What is Best Price Fraud?

“Best Price” is a term used in connection with Medicaid reimbursement for brand name prescription drugs. Essentially, a drug manufacturer is required to charge Medicaid no more than whatever its best (lowest) price is to a non-government (or commercial) payor. Because Medicaid does not buy drugs outright and furnish them […]

News Alert to Canadian Publicly Listed Companies: Continuous Disclosure Obligations Trump the Business Judgment Rule

(March 7, 2019).  Morganti & Co. is please to announce that it represented investors against Ithaca Energy Inc. (“Ithaca Energy”) in Alberta’s first “leave to proceed” motion to advance to trial hearing.  Prior to going to trial the plaintiff investor (a/k/a, representative investor) must obtain leave to proceed to trial […]