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Mark Geragos Cleared of Liability in Avenatti Case, Jury Awards $100K in Damages Without Legal Basis

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LOS ANGELES — A ruling issued this week by a Superior Court judge has cleared attorney Mark Geragos of liability in a malpractice lawsuit stemming from his association with Michael Avenatti and a controversial Nike extortion case. The jury found that while Avenatti’s former client, Gary Franklin, was entitled to $100,000 in damages, they did not establish that Geragos was at fault or that his actions caused Franklin’s alleged harm. Franklin had sought millions in damages from Geragos, arguing that the attorney’s involvement in negotiations with Nike in 2019 contributed to Avenatti’s federal convictions for … Read more

Attention KinderCare Investors: Legal Action Looms as Former AG Urges Claimants with $100k+ Losses to Step Forward

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New Orleans, Louisiana — Former Louisiana Attorney General Charles C. Foti Jr. has issued a reminder to investors who have lost more than $100,000 in KinderCare Education, urging them to consider joining a class action lawsuit against the company. The deadline for investors wishing to serve as lead plaintiffs is approaching. Investors who purchased shares before the company’s initial public offering (IPO) in May and between May 15, 2020, and October 6, 2022, may be eligible to participate in the legal proceedings. The class action alleges that KinderCare misled investors regarding its financial stability and … Read more

Mark Geragos Seeks to Overturn $100K Verdict Tied to Avenatti’s Nike Extortion Case

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Los Angeles, California — Prominent attorney Mark Geragos has requested a California court to dismiss a $100,000 jury verdict that concluded he assisted disbarred lawyer Michael Avenatti in a failed scheme to extort Nike. Geragos claims the awarded damages are legally unsupportable, as they were given without a finding of liability against him. In his motion filed with the court, Geragos argues that awarding damages without establishing any legal responsibility contradicts established legal principles. He is contesting the jury’s decision, which emerged from allegations about Avenatti’s conduct during a high-profile case involving the sportswear giant. … Read more

Investors in DoubleVerify with $100K+ Losses Invited to Champion Securities Fraud Case

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Investors in DoubleVerify Holdings, Inc., faced with losses exceeding $100,000, have a chance to take the lead in a legal action involving allegations of securities fraud against the company. The lawsuit has gained traction as affected shareholders seek accountability from the digital media measurement firm, which plays a crucial role in verifying online ad performance. DoubleVerify, based in New York, offers vital services to ensure the quality and effectiveness of online advertising, providing clients with tools to measure viewability and engagement. However, recent disclosures have raised concerns about the company’s financial practices, prompting investors to … Read more