Louisiana Municipal Police Employees' Retirement System v. Hesse et al

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Case overview

Case Number:

1:12-cv-04017

Court:

New York Southern

Nature of Suit:

Stockholders Suits

Multi Party Litigation:

Class Action

Judge:

Andrew L. Carter, Jr

Firms

Companies

Sectors & Industries:

  1. July 29, 2013

    Sprint Investor's Suit Over $300M FCA Tax Case Gets Junked

    A New York federal judge on Friday threw out a shareholder derivative suit blaming Sprint Nextel Corp. directors for an alleged tax-dodging scheme that led to a $300 million state False Claims Act suit against the company, finding the investor had not satisfied the demand futility requirement.

  2. April 23, 2013

    Sprint Attacks Shareholder Suit Over $300M FCA Case

    Sprint Nextel Corp. on Tuesday asked a New York federal judge to toss a derivative action that blames its directors for an alleged tax-dodging scheme that led to a $300 million False Claims Act suit against the company.