NPR served as Co-Counsel for Lead Plaintiffs Monte Paschi Asset Management S.G.R. S.p.A. and Puerto Rico Government Employees Retirement System in this securities fraud case, which arose out of a six-year, pervasive fraudulent scheme to backdate stock options that resulted in the restatement of all of Marvell’s financial statements from 2003 until the first quarter
News Year: 2009
National Class Action Against Nationwide Receives Final Approval
On July 27, 2009, NPR gained final approval of a national class action settlement against the Nationwide family of insurance companies. In 2004, NPR and its co-counsel brought suit on behalf of a proposed national class against Nationwide based on its alleged improper claims handling practices regarding structural loss claims. Specifically, NPR alleged on behalf
Preliminary Approval Granted in Landmark Class Action Led by NPR Against Computer Sciences Corporation
On March 6, 2009, NPR gained preliminary approval in its landmark class action case against Computer Sciences Corp. (CSC), the manufacturer of the bodily injury adjusting software Colossus. Colossus is a software program developed by CSC and marketed to insurance companies for use in the adjustment of bodily injury claims. Throughout the country, insurance companies