News

December 14, 2011

Block & Leviton LLP appointed Co-Lead Counsel in the Securities Class Action Lawsuit Pending Against Yahoo! Inc.ӳ Board of Directors

On December 14, 2011, Delaware Chancery Court Vice Chancellor Sam Glasscock, III appointed Block & Leviton LLP as co-lead counsel in a class action lawsuit on behalf of shareholders of Yahoo! Inc. (“Yahoo!” or the “Company”) (NASDAQ: YHOO). The Louisiana Municipal Police Employees’ Retirement System and M&C Partners, III serve as co-lead plaintiffs. The Complaint alleges that Yahoo!’s Board of Directors has put procedures in place that will discourage any… read more

December 13, 2011

Block & Leviton LLP Files Suit Against Blue Coat System, Inc.ӳ Board of Directors for Breaches of Fiduciary Duty

BOSTON, December 12, 2011 – Block & Leviton LLP (blockesq.com), a Boston-based law firm representing investors nationwide, has filed suit in the Delaware Chancery Court against the Board of Directors of Blue Coat Systems, Inc. (“Blue Coat” or the “Company”) (Nasdaq: BCSI) for alleged breaches of fiduciary duties in connection with the proposed acquisition of the Company by an investor group headed by Thoma Bravo LLC (the “Bravo Group”). Members… read more

December 9, 2011

Block & Leviton LLP Investigates Blue Coat System, Inc.ӳ Board of Directors for Possible Breaches of Fiduciary Duty

BOSTON, December 9, 2011 – Block & Leviton LLP (blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duties by the Board of Directors of Blue Coat Systems, Inc. (“Blue Coat” or the “Company”) (Nasdaq: BCSI) with regards to the proposed acquisition of the Company by an investor group headed by Thoma Bravo LLC. The transaction is for $25.81 per share, or… read more

November 30, 2011

Block & Leviton LLP files suit against several senior officers and directors of Nabors Industries Ltd.

On November 30, 2011, Block & Leviton LLP filed a lawsuit in the Harris County District Court of Texas against several senior officers and directors of Nabors Industries Ltd. (“Nabors” or the “Company”). The complaint asserts that the defendants breached their fiduciary duties to the Company by wrongfully causing and allowing the Company to grant excessive compensation to Nabors’s executive officers, particular Chairman and Chief Executive Officer, defendant Eugene M…. read more

November 8, 2011

Press Release: Block & Leviton LLP and Hausfeld LLP file a securities class action lawsuit today against Diamond Foods, Inc.

BOSTON, November 8, 2011 – Block & Leviton LLP (www.blockesq.com) along with Hausfeld LLP (www.hausfeldllp.com), filed suit today against Diamond Foods, Inc. (NASDAQ: DMND) (“Diamond” or the “Company”) and certain of its officers and directors.The lawsuit, captioned Woodward v. Diamond Foods, Inc. et al., is pending in the United States District Court for the Northern District of California. The lawsuit alleges violations of Sections 10(b) and 20(a) of the Securities… read more

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