Morrison & Foerster LLP announced leadership changes, appointing San Francisco partner Brandon Parris and Tokyo partner Randy Laxer as co-chairmen of the corporate department and New York partner Gary Lee and Tokyo partner Dale Caldwell to lead the finance group.
Technology and life sciences law firm Fenwick & West LLP elected Richard L. Dickson as chairman effective Jan. 1. He succeeds Gordon Davidson, who has held the post for 18 years and will continue his corporate practice.
Federal securities class-action filings decreased by about 10 percent last year from 2011, PricewaterhouseCoopers found in its 17th annual Securities Litigation Study published yesterday. There were 172 cases in 2012, compared with 191 cases in 2011, with a significant drop in the fourth quarter of 2012.
The Justice Department suit against Standard & Poor’s has entered a phase where lawyers spend months arguing over procedure, and progress is slim. Tony West, who’s overseeing the case. knows the feeling: His nomination to become the agency’s No. 3 official has been blocked for half a year.
Dole Food Co. and Nestle SA’s Gerber unit are among food makers facing a trial in California today over accusations they violated a state law requiring them to warn consumers of unsafe levels of lead in baby food, fruit and juices.