Twitter class actio6/1/2023 The Teva settlement – litigated in the District of Connecticut – was led by lead counsel Bleichmar Fonti & Auld. The Twitter settlement – which occurred in the Northern District of California and became the 19th largest settlement of all-time – was led by Robbins Geller Rudman & Dowd and Motley Rice as co-lead counsel. “ISS SCAS has a long history of helping its clients maximize recoveries while providing high-touch service and leveraging the infrastructure of Institutional Shareholder Services, a leader in the financial services industry.” “Given the marked growth in total settlement dollars as well as count of settlements, we believe investors will have significant opportunities for recovery over the months ahead,” said Ivar Eilertsen, Global Head of ISS Securities Class Action Services. class action settlements approved since the passage of the Private Securities Litigation Reform Act of 1995. Both settlements were large enough to qualify for the list of the top 100 largest U.S. The two largest settlements from 2022 were in cases brought against social media giant, Twitter, Inc., which settled for $809.5 million, and Teva Pharmaceutical Industries Ltd. grew by 22 percent to 141, of which 110 cases were heard within federal courts and 31 within state courts. The annual ISS SCAS report finds the total number of approved monetary settlements in the U.S. (January 24, 2023) – During 2022, there were 141 monetary settlements of securities class action suits in the United States valued at a total of $4.77 billion and representing a 36 percent increase over the prior year, according to a new report released today by Securities Class Action Services LLC (SCAS), a subsidiary of Institutional Shareholder Services. Initially, section 230 of the CDA was meant to encourage free speech, but in reality, it has come to be used as a club by big tech to censor speech that is contrary to the agenda and messaging of their left-wing allies in government.ROCKVILLE, Md. In addition, the complaint challenges the immunity granted Twitter and the other social media giants by section 230 of the Communications Decency Act (“CDA”) as unconstitutional. The complaint asks the federal court to declare the censorship by Twitter on behalf of the Biden administration unconstitutional and to order the end of this discriminatory policy. We intend to do so through this litigation.” The time has come to stop this dangerous, unchecked, propaganda arm of the Left. Twitter has become an instrument of influence for radicals in the government. It even uses its power to influence elections. Twitter uses its immense power to shape public policy and opinion in favor of these leftists. “For too long, social media giants like Twitter have been able to do the bidding of the Democrat Party and other left-wing organizations with impunity. That is patently unconstitutional and demonstrates fairly effectively that neither President Biden nor Twitter cares one wit about freedom of speech or science, for that matter.”ĪFLC Co-Founder and Senior Counsel Robert Muise added: This, pure and simple, is government censorship of speech–the viewpoint of which the government disagrees. This is not about the facts or about science. “In effect, the Biden administration has enlisted and effectively deputized big social media as enforcement agents to silence criticism of government policy. Huber’s constitutional liberties, the class action seeks to protect the rights of everyone else similarly subject to censorship by Twitter and to protect those individuals in the future from this censorship.ĪFLC Co-Founder and Senior Counsel David Yerushalmi commented: In addition to addressing Twitter’s and the Biden administration’s violations of Dr. As the complaint alleges, Twitter is in reality enforcing the Biden administration’s policy to silence anyone critical of COVID-19 vaccinations. Huber for purportedly violating Twitter’s COVID-19 Policy. After posting a “tweet” on her Twitter account from a well-known Israeli newspaper reporting on findings of mortality rates relating to the COVID-19 vaccinations used in Israel, Twitter permanently suspended Dr. Colleen Huber, a well-respected and licensed naturopathic medical doctor in Arizona. District Court for the District of Arizona on behalf of the named plaintiff, Dr. On May 28, 2021, the American Freedom Law Center (AFLC) filed a federal civil rights class action lawsuit against President Biden, Twitter, and Twitter CEO Jack Dorsey, alleging that Twitter is censoring speech critical of the administration’s COVID-19 vaccination policy on behalf of the Biden administration in violation of the First Amendment to the U.S.
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