In re Rewalk Robotics Ltd. Stockholder Litigation (Lawyers Weekly No. 09-063-17)
Court grants stay of securities class action in favor of parallel federal multidistrict litigation raising identical issues and parties.
Court grants stay of securities class action in favor of parallel federal multidistrict litigation raising identical issues and parties.
Court denies motion to stay state Securities Act class actions pending resolution of parallel federal litigation, emphasizing state courts' concurrent jurisdiction and plaintiffs' forum choice.