Shearman & Sterling
Recent News About Shearman & Sterling
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Judge turns off bid to unplug class action vs broadcasters over alleged ad price gouging
The antitrust class action complaint accused the broadcasters and ad sellers of improperly sharing competitive data that would normally be kept secret, allegedly boosting ad prices. -
Federal judge shoots down investor class action vs in-flight Internet tech provider Gogo
A federal judge has grounded a putative class action suit vs in-flight Internet provider Gogo, saying the plaintiffs failed to show company officials knew the gravity of a hardware problem when they made sunny statements to investors. -
Appeals court: Containerboard buyers didn’t prove makers Georgia Pacific, Westrock fixed prices
A Chicago federal appeals panel has upheld a lower court ruling that boarded up a class action antitrust suit against Georgia Pacific and Westrock, which alleged they conspired to fix prices for containerboard. Judges again found the companies were not colluding, but rather making parallel moves in reaction to the market.