"Allowing someone, which is the assertion being made, to engage in an ongoing pattern and practice of behavior which subjects the company to liability raises the specter of legal liability for those who have oversight of that CEO," said Darren Robbins, who has served as lead counsel for more than 10
Date: Jan 29, 2018
Category: Business
Source: Google
In HP-Autonomy Fiasco, 15 Advisers and No Advising
were taking calls from investors about HP on Tuesday. Darren Robbins, a San Diego-based plaintiff lawyer who represents shareholders, said the tech icon appears to have spent billions on a shoddy company without undertaking the proper due diligence, and thus misrepresented its finances to investors.
Date: Nov 21, 2012
Source: Google
Facebook, Wall Street banks under fire from lawmakers and lawyers
"Shareholders suffered billions of dollars in losses," said Darren Robbins, a partner in the San Diego law firm of Robbins Geller Rudman & Dow, which filed one of the suits. "To have what was perceived as a watershed IPO result in this kind of harm is deeply troubling."
"Remember, these investors have one document - they have that offering document," said Darren Robbins, partner at Robbins Geller Rudman & Dowd, who represents the plaintiffs. "They don't have the largest and most sophisticated financial institutions in the world working for them."
Documentation to support this claim is not provided in the lawsuit, though Darren Robbins, a lawyer for the plaintiffs, said his team had access to "witnesses and shareholders and other sources of information."
Date: May 23, 2012
Source: Google
Facebook, Morgan Stanley face class-action suit over IPO
"To have what was perceived as a watershed IPO result in this kind of harm is deeply troubling, said Darren Robbins, a partner in the Robbins Geller Rudman & Dow law firm, which filed the suit.
Class-action attorneys vow more such legal actions are to come against other financial institutions. "This is potentially the tip of the iceberg with respect to the credit crisis generally," said Darren Robbins, one of the attorneys involved in the case.
Date: Aug 08, 2011
Category: Business
Source: Google
Wells Fargo, KPMG to pay $627 million to settle loan lawsuits
Darren Robbins, a San Diego attorney representing the plaintiffs, said the $627 million to be forked over by Wells and KPMG is the largest total settlement so far of any securities class-action claims resulting from the mortgage and credit meltdowns.
Date: Aug 05, 2011
Category: Business
Source: Google
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