Block & Leviton LLP is a boutique law firm focused on complex litigation nationwide. Our dedicated team of attorneys brings a unique blend of experience and sound judgment to the vigorous representation of clients. The attorneys of Block & Leviton LLP have successfully prosecuted class and private actions on behalf of individual and institutional investors, recouping approximately $1.5 billion in losses and effectuating strong corporate governance reforms.
Block & Leviton Launches an Investigation of Tile Shop Holdings, Inc. for Possible Violations of the Federal Securities Laws - Block & Leviton Launches an Investigation into Tile Shop Holdings, Inc. for Possible Violations of the Federal Securities Laws :: Read More
Block & Leviton LLP Investigates ViroPharma Inc. for Possible Breaches of Fiduciary Duty in Connection with Its Acquisition by Shire PLC. - On November 11, 2013, B&L launched an investigation into whether ViroPharma’s Board of Directors breached their fiduciary duties by selling the Company to Shire for a paltry 27% premium when the Company just announced an “extremely strong period of growth and positive momentum”. :: Read More
Block & Leviton LLP Investigates Costa, Inc. for Possible Breaches of Fiduciary Duty in Connection with Its Acquisition by Essilor International - B&L announces that it is investigating the Board of Directors of Costa, Inc. for potential breaches of fiduciary duty in their acceptance of a merger offer from Essilor Internation. The Company has experienced explosive growth in the past year, its share price increasing by 135% in just the previous year. The merger premium paid to shareholders by Essilor appears to dramatically undercompensate shareholders for that growth, as the offer of $21.50 represents barely a 7% premium to the previous day's closing price. B&L's investigation seeks to determine, among other things, whether Costa's directors breached their fiduciary duties by failing to maximize shareholder value in the proposed acquisition by Essilor, and the entire fairness of the process by which the Company's Directors considered and approved the transaction. :: Read More
Block & Leviton LLP, Hausfeld LLP, and Grant & Eisenhofer P.A. Filed a Consumer Class Action Complaint Against Lumber Liquidators Holdings, Inc. Over Illegal Chinese Wood Flooring Products - On December 3, 2013, counsel filed a consumer class action lawsuit that arises out of Lumber Liquidators' scheme to import into the United States, and to falsely warrant, advertise, and sell, Chinese wood flooring that fails to comply with the United States formaldehyde standards and, in addition, is illegally sourced through China from other countries (including Russia), threatening critical habitat and endangered species. For a copy of the complaint, click here. :: Read More
Block & Leviton LLP Announces That A Class Action Lawsuit Was Filed Against Violin Memory, Inc. for Violations of the Federal Securities Laws - On November 21, 2013, following Violin Memory’s admission that its sales revenues had been materially impacted by the reprioritization of federal agencies’ budgets due to the uncertainty surrounding the negotiations over the federal budget and the possibility of a shutdown of the federal government, B&L launched an investigation into whether the Company’s conduct violated the federal securities laws. :: Read More
Block & Leviton Files A Class Action Lawsuit Against NQ Mobile, Inc. and its Officers and Underwriters Alleging Violations of the Federal Securities Laws - On October 29, 2013, B&L filed a securities class action lawsuit alleging that NQ Mobile and its officers orchestrated a multi-year fraud upon its shareholders. The first false statements were issued in connection with the companys initial public offering in May 2011 and continued through October 24, 2013. A copy of the complaint can be found here. :: Read More