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Results: 65 Article(s) Found.

In re DVI, Inc. Securities Litigation

Representing institutional investors, we were appointed as sole lead and class counsel on behalf of both equity and debt securities purchasers in securities fraud litigation; to-date recovered over $21 million from certain inside and outside directors, paid from their own personal funds, certain third-parties and one of the company’s largest shareholders. We continue to vigorously pursue federal securities fraud claims against the company’s auditors and certain directors and officers.

Busuioc v. Citibank, N.A. and Lender Processing Services, Inc.

Action on behalf of homeowners/borrowers who had a mortgage foreclosure pursued against them by an entity who purportedly acquired ownership of the loan through a fraudulent assignment prepared by Lender Processing Services and/or its subsidiary DocX and who lacked standing to pursue the foreclosure. Prevailed on Citibank’s motion to dismiss pursuant to Illinois’ Citizens Participation Act.

LVNV Funding, LLC v. Trice

2011 IL App. (1st) 092,773 (action against debt collector who pursued collection against debtors without being licensed; prevailed in unlicensed debt collector’s motion for rehearing of Order affirming lower court’s decision to void debt collector’s judgment against debtor for lack of license). On November 30, 2011 LVNV’s petition for leave to appeal was denied.

Federal Judge Denies Defendants Sears, Roebuck & Co. and Electrolux Home Products Inc.'s Motion to Strike Class Allegations and Permits Plaintiff's Claims to Proceed

On September 3, 2010, The Honorable Claudia Wilken, United States District Court Judge for the Northern District of California, permitted Plaintiff Martin Murray to continue to assert his class claims against Defendants Sears, Roebuck & Co. and Electrolux Home Products, Inc. for violating various California consumer protection statutes as a result of Defendants' deceptive advertising practices.

In re TSIC, Inc., f/k/a The Sharper Image Corporation

Sharper Image Gift Card holders certified to proceed as a class claim in the Sharper Image bankruptcy.

DVI Inc. Securities Litigation

639 F.3d 623 (3d Cir. 2011) (affirming district court’s grant of class certification and rejecting auditor defendant’s challenges to loss causation and institutional investors’ adequacy and typicality to represent a Class of stock and bond purchasers)

Primax Recoveries Inc. v. Sevilla

324 F.3d 544 (7th Cir. 2003) (successfully argued to the Seventh Circuit that federal law did not preempt health insured’s state law claims seeking application of Illinois’ common fund doctrine to insurer’s reimbursement lien asserted against insured’s third-party recoveries; and that insurer’s strategic waiver in state court barred its claims in federal court). In 2011, after 15 years of litigation, the firm obtained full recovery for the class, plus pre- and post-judgment interest.

Ryan v. Gifford et al.

We were initial and co-lead counsel in Delaware Chancery Court derivative litigation challenging Maxim Integrated Products Inc.’s backdated employee stock option practices. The legal victory that we achieved in this case was ground-breaking in favor of investors and is considered the primary cited Delaware case on corporate governance. Ryan v. Gifford, 918 A.2d 341 (Del. Ch. Feb. 6, 2007)).

City of Chicago v. Korshak

In City of Chicago v. Korshak, 206 Ill.App.3d 968 (1st Dist. 1990) and Retired Chicago Police Ass’n v . City of Chicago, 7 F.3d 584 (7th Cir. 1992) (parallel state and federal cases), the Krislov firm forced the City of Chicago to continue a fixed-rate subsidized plan of retiree health care insurance for 21,000 annuitants and their families, and, despite setbacks during various periods, successfully had these claims restored by the Illinois appellate court. City v. Korshak, Ill.App. unpublished

Cima v. WellPoint Healthcare Network

Complaint upheld against WellPoint and its Unicare and other affiliates, labeling their actions to grow by acquiring profitable healthcare systems while manipulating the insurance laws to re-rate or rid itself of those most in need of health insurance as “certainly immoral, oppressive, unethical and unscrupulous.”

Krislov Law

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Chicago, IL 60606

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