New York, NY — McLaughlin & Stern, LLP is pleased to announce a $27.5 million settlement in a class action on behalf of investors in Lancelot Investors Fund, Ltd. (“Lancelot Fund”), a feeder fund used by Thomas Petters to orchestrate a $3.65 billion Ponzi scheme. Plaintiffs in the action alleged […]
On March 5, 2018, Chief Judge Jose L. Linares of the United States District Court, District of New Jersey issued a decision in the ongoing class action entitled Ferreras, et. al v. American Airlines, Inc., 16-cv-2427 (JLL). In the ruling, Judge Linares granted class certification pursuant to Federal Rule 23 […]
On January 26, 2018, New York-based law firms Wolf Haldenstein Adler Freeman & Herz and McLaughlin & Stern filed a nationwide class action lawsuit against Ulta Beauty, Inc. (“Ulta”) (NASDAQ:ULTA) in the United States District Court for the Northern District of Illinois. The Complaint alleges that Ulta engages in a […]
Mary Croly, Esq, and Charles Bryan Baron, Esq., partners at McLaughlin & Stern, LLP, recently prepared a report for the New York County Surrogate’s Court regarding the New York Estates, Powers and Trust Law 10-6.6 decanting provision. In Matter of Hoppenstein, the Settlor transferred a $10 million life insurance policy […]
By Bryan Koenig Law360, Washington (July 24, 2017, 6:42 PM EDT) — A Forever 21 customer hit the retail clothing chain with a proposed class action in New York federal court Monday accusing the company of collecting sales taxes from online New York City customers whose orders should have been […]