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Law360 selected partners Shawn Williams and Mark Solomon as 2024 Securities MVPs for obtaining a $490 million settlement in a securities fraud case against Apple.

In a rare ruling, a panel of the U.S. Court of Appeals for the Second Circuit granted a petition for rehearing, and upheld investors’ previously dismissed claims against an outside auditor. 

The recovery is the third-largest securities class action recovery ever in the Northern District of California and the fifth-largest such recovery ever in the Ninth Circuit.