Judged Newsletter

Sign Up for THE DAILY JUDGED VERDICT. Our daily newsletter covers law firm salaries and everything you want to know about changes affecting law firms from people in the know. Sign Up Now!

Fetured Job Of the Day
Fetured Job Of the Day

Entry-level Private Client Partner with estate planning experience

Chicago office of our client seeks entry-level private client services...
+ read more

Date Posted: Jul 23, 2017

Employer:   BCG Attorney Search

Salary: Not Specified


New York
100 Park Avenue, 
New York, New York - 10017



Other Offices

+New York 

Staff Size : 63
Update this Info

News Brief Find out if this Firm is Hiring

No rating given to this firm

+ rate for real survey + rate for fun survey

Rate This Firm

No Reviews

Overall Quality of this Firm

For every category, 1 is the worst possible and 10 is the best possible answer.

No rating given to this firm.

Rate This Firm

Law Firm News


In an Amended Class Action Lawsuit filed on July 11, 2006 by Labaton Sucharow & Rudoff LLP and Probstein & Weiner, The Allman Brothers Band, Cheap Trick and Elmo Shropshire allege on behalf of themselves and other class members that Sony Music is not paying its recording artists 50% of the net licensing revenue received by Sony Music in connection with master recordings licensed to Cingular Wireless and other third party providers of mobile phone ringtone downloads, as Sony Music is contractually obligated to do.

This Amended Class Action Lawsuit, which adds Elmo Shropshire as a class representative, follows the original complaint filed on April 27, 2006, which alleged that Sony Music was not paying its recording artists 50% of the net licensing revenue received by Sony Music in connection with master recordings licensed to Apple and other third party providers of digital music downloads.

With respect to ringtones, the Amended Complaint contends that Sony Music wrongfully treats each download as a sale of a physical phonorecord (i.e. a CD or cassette tape), and pays its recording artists approximately 8.3 cents from the $1.00 to $1.50 that Sony Music receives for a ringtone, rather than the 50 to 75 cents to which its recording artists are entitled.

Labaton Sucharow & Rudoff LLP filed a class action lawsuit on July 19, 2006 in the United States District Court for the Southern District of New York, on behalf of persons who purchased or otherwise acquired publicly traded securities of Zale Corporation (“Zale” or the “Company”) (NYSE: ZLC) between February 18, 2005 and May 5, 2006, inclusive, (the “Class Period”). The lawsuit was filed against Zale and Mary L. Forte, Mark R. Lenz, Cynthia T. Gordon and Sue E. Gove (“Defendants”).

If you are a member of this class you can view a copy of the complaint and join this class action online at http://www.labaton.com/get/?case=zale.

The complaint alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that Defendants issued a series of material misrepresentations to the market which had the impact of artificially inflating the market price of Zale securities. Unbeknownst to investors, the representations in the Company’s reported results of operations materially overstated Zale’s net cash flows and free operating cash flows, which are important measures of the Company’s cash generating abilities. In addition, the Company improperly accounted for extended service agreements, leases and accrued payroll.

On April 10, 2006, before the open of regular trading, the truth began to emerge as Zale announced that the SEC had initiated a broad investigation into many aspects of the Company’s accounting, operations and disclosure practices, including Zale’s accounting for extended service agreements, leases and accrued payroll, executive compensation and severance, earnings guidance, stock trading and the timing of vendor payments. In reaction to this announcement, the price of Zale stock fell from $27.80 per share on April 7, 2006 to $25.16 per share on April 10, 2006, the following trading day for a one-day loss of 11.5% on unusually heavy volume. Then on Friday, May 5, 2006, after the market closed, Zale announced that it had replaced its Chief Financial Officer, Defendant Lenz, after discovering that the Company improperly inflated its reported net cash flows and free cash flows. In response to the announcement, the price of Zale stock dropped by $0.44 per share to close at $24.18 per share on May 8, 2006, and by another $0.40 per share between May 8, 2006 and May 9, 2006, as the market continued to digest the information.

Plaintiff is represented by the law firm of Labaton Sucharow & Rudoff LLP. Labaton Sucharow is one of the country’s premier national law firms that represent individual and institutional investors in class action, complex securities and corporate governance litigation. The firm has been a champion of investor rights for over 40 years and has been recognized for its reputation for excellence by the courts.

If you bought Zale securities between February 18, 2005 and May 5, 2006, inclusive, you may qualify to serve as Lead Plaintiff. Lead Plaintiff papers must be filed with the court no later than sixty days from today. If you would like to consider serving as lead plaintiff or have any questions about the lawsuit, please contact one of our representatives or Christopher Keller, Esq. at 800-321-0476.

Primary Practice Areas

Institutional Investor Protection Services, Portfolio Monitoring, Case Evaluation, Corporate Governance, Litigation Services, Class Action Litigation, Securities, Antitrust, Limited Partnerships, ERISA, Consumer, General Litigation, Entertainment And, Intellectual Property, White Collar Criminal Defense, Business and Corporate, General Practice, Business and Finance, Family Business, Real Estate, Estate Planning and Administration.

Update this Info


Other Benefits


Top Performing Jobs
Paralegal / Legal Assistant


This position is fast paced and requires the ability to be able to draft and pre...

Apply Now
Legal Assistant


Compensation $35,000 to $45,000 Annually Benefits Offered Medical, 401K...

Apply Now


Harold Shepley & Associates, LLC, a full service debt relief law firm, has an op...

Apply Now
JDJournal - Send Tips
Attorney with 4-6 years of general civil litigation experience

USA-CA-San Francisco

San Francisco office of our client seeks attorney with 4-6 years of general civi...

Apply Now
Mid-to Senior level Trademark Attorney with IP experience


Chicago office of our client seeks mid-to senior level trademark attorney with 5...

Apply Now
Staff Attorney with 3+ years of technology transactions experience


Minneapolis office of our client seeks staff attorney with 3+ years of experienc...

Apply Now
Dear Judged

Dear Your Honor,
Dear Judge,

Do you ever experience any physical danger in the courtroom?  You do deal with all those criminals, right? 


Concerned Bailiff's Mommy

+ more Judged Dear
+ write to Your Honor
Law Firm NewsMakers

News Corp. Considers Splitting


The Attorney Profile column is sponsored by LawCrossing, America`s leading legal job site.

Summary: This is a great question. There are many factors that impact a candidate’s ability to lateral from an overseas law firm to a top U.S. law firm.
Search Jobs Direct from Employer Career Pages

Enter your email address and start getting breaking law firm and legal news right now!

Every Alert

Alert once a day


BCG Attorney Search

You may search for specific jobs or browse our job listings.


(hold down ctrl to choose multiple)

Minimum Years of Experience:

Primary Area of Practice:

 Partner Level Job(s)

Search Now