US Judge Grants Preliminary Injunction Restoring Cook's Federal Reserve Duties
"The Court agrees with [Lisa] Cook's argument that preventing her from discharging her duties as a Federal Reserve Governor ... itself constitutes irreparable harm remediable only by her reinstatement," U.S. District Judge Jia M. Cobb wrote in a preliminary injunction order restoring Cook's access to her office and blocking President Donald Trump's attempted firing of Cook.
Sullivan & Cromwell Wins Dismissal of Securities Suit Against Swedish Gaming Tech Company
In a case that may provide a road map for future securities litigation targeting international companies with U.S. subsidiaries, a team at Sullivan & Cromwell secured the dismissal of a shareholders' class action against Swedish gaming tech company Evolution AB last week in Pennsylvania federal court.