Monday, April 9, 2012

New Mediator Appointed in Federal ENHANCE-Era Securities Class Actions -- Pilgrim, For Politan


I just saw this -- over the holiday weekend, Judge Cavanaugh appointed a new mediation firm, in the Schering-Plough (and Merck) ENHANCE-Era securities law class actions.

Apparently the highly-esteemed retired federal jurist Nicholas H. Politan (late of Caldwell, New Jersey, and South Florida), has passed away:

. . . .The Court having notified counsel by letter dated March 29, 2012 that a new mediator would be appointed due to the untimely death of Judge Politan. . . . Pilgrim Mediation, LLC (sole members: Stephen M. Greenberg and Jonathan J. Lerner) is hereby appointed. . . .

Our sincere condolences to the family of Judge Politan. He was always only one twinkling of an eye away from cutting loose a barbed-one-liner -- to deflate several of the overly-self-important trial lawyers who appeared before him. His wit -- and legal accumen -- will be missed.

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