Inco Says Pollution Case May Lead to Damages at Other Canadian Industries Oct 15, 2009
The case was the first in Ontario to be certified as a class action against a company over long-term environmental damage. There isnt a safe industry in Canada if judges are asked to assess liability for some historical transmission from a plant legally permitted to operate, , a lawyer representing Inco, told Superior Court Judge Joseph Henderson in his opening statement today in Welland, Ontario. (Bloomberg -- Canada)
Glancy Binkow & Goldberg LLP, Representing Shareholders of UCBH Holdings, Inc., Announces There are 27 Days Remaining to Move for Appointment as Lead Plaintiff -- UCBH Oct 15, 2009
LOS ANGELES, Oct. 14, 2009 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased the securities of UCBH Holdings, Inc. ("UCBH" or the "Company") (Nasdaq: - ) between April 24, 2008 and September 8, 2009, inclusive (the "Class Period"), have only 27 days until the November 10, 2009, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit ... Glancy Binkow & Goldberg LLP is a law firm with significant... (Primezone Releases)
Mattel settles lawsuit over high levels of lead in Chinese toys Oct 15, 2009
The proposed class action settlement will resolve 22 suits filed against Mattel and Fisher-Price and major retailers on behalf of millions of families who purchased or received the defective toys as gifts before they were later recalled or withdrawn from market. In the settlement, filed in Los Angeles on Tuesday, Mattel and Fisher-Price agreed to provide refunds or other reimbursement to those who purchased the Chinese-made toys, said John J. Stoia Jr. of plaintiff law firm Coughlin Stoia Geller... (USA Today -- Money)
Vale's Inco Refinery Pollution Suit Tests Ontario Environmental Regulation Oct 14, 2009
The lawsuit, filed in 2001 by a group of residents of Port Colborne, Ontario, was the first in the province to be certified as a class action against a company over long-term environmental damage. The Court of Appeal for Ontario overturned two lower court rulings in 2005 and approved the group suit. (Bloomberg -- Canada)
Equal voting rights versus subsistence Oct 14, 2009
Al Kookesh's "class action" efforts for subsistence rights. Kookesh, the Sealaska chairman, has not been there when fellow shareholders for years have been receiving hunting and fishing citations. (Juneau Empire)
Supreme Court to hear case on property seized in drug busts Oct 14, 2009
The case, , involves six individuals who filed a class action lawsuit challenging Illinois' Drug Asset Forfeiture Procedures Act (DAFPA). Three claims sought return of seized cash, three others involved cars. (Christian Science Monitor -- USA)
Paul Weiss Reportedly Advises BofA to Waive Privilege in Merrill Litigation Oct 13, 2009
Although documents detailing Wachtell's disclosure advice to BofA will now be turned over to the government, Wachtell partner Peter Hein told the Litigation Daily on Monday that Wachtell has not been replaced by Paul Weiss as counsel in the class action. Cleary's Lewis Liman, who has been representing BofA in the SEC case, did not return our call for comment, but a spokesperson for Bank of America said that Liman would remain lead counsel on the SEC case. (Law.com)
Follow rules or pay price Oct 13, 2009
The Washington-based law firm Cohen Milstein says it expects many farmers will join a class action suit against Kansas City-based Dairy Farmers of America and Dallas-based Dean Foods Co.. The suit alleges DFA and Dean have seized effective control of the region's dairy industry and are forcing farmers to join DFA or its marketing affiliate Dairy Marketing Services to survive. (Fresno Bee -- Opinion)
LETTER: It is tough to lower the unemployment rate Oct 13, 2009
Harry Potter wrote on Oct 12, 2009 4:51 PM:" I am demanding that Obama show us his law diploma from Harvard. I have a call into Orly Taitz and we will be filing a class action suite against him if he doesn't cough it up. We know his diploma really comes from a community college in Kenya, and Orly has a copy of it.We also demand to see the papers on his dog. He claims it's a pure breed, but were not buying it. ". Harry Potter wrote on Oct 12, 2009 4:57 PM:" Now come on. You guys know that Beck,... (Mattoon Journal-Gazette, IL)
Former U.S. attorney joins Waller Lansden Oct 13, 2009
His expertise will add to the practice s focus on complex litigation and the defense of class action lawsuits and shareholder derivative suits against financial institutions, said banking attorney Larry Childs, who heads up the firm s Birmingham office. Most Read Stories. (Birmingham Business Journal, AL)
Stanford Investors Add Chadbourne & Parke as Defendant Oct 13, 2009
Amended complaint in Texas class action also names former Stanford Financial Group GC as defendant ... The class action alleges that attorney Thomas V. Sjoblom, while he worked at New York-based Chadbourne & Parke and later at New York's Proskauer Rose, participated in a $7 billion investment fraud orchestrated by the Texas company ... The National Law Journal has learned that Sjoblom, who joined Proskauer Rose in 2006, has withdrawn from the firm since the class action was filed. (Law.com)
Pharmacists say drug price rollback threaten business Oct 12, 2009
The situation stems from a 2005 class action suit against (FDB), a publisher of drug prices. The plaintiffs claimed FDB was artificially raising the list price for many brand-name drugs to boost profits for certain wholesalers. (Albany Business Review, NY)
Angoon senator criticizes state on subsistence rights Oct 12, 2009
Albert Kookesh believes Alaska Natives may be forced to file a class action lawsuit against the federal government to restore subsistence rights secured under the Alaska Native Claims Settlement Act. Story tools. (Anchorage Daily News)
Kookesh: Restore Native rights Oct 11, 2009
Albert Kookesh believes Alaska Natives may be forced to file a class action lawsuit against the federal government to restore the subsistence rights it promised under the Alaska Native Claims Settlement Act ... Albert Kookesh believes Alaska Natives may be forced to file a class action lawsuit against the federal government to restore the subsistence rights it promised under the Alaska Native Claims Settlement Act ... Albert Kookesh believes Alaska Natives may be forced to file a class action... (Juneau Empire)
Northeast Dairy Farmers Sue Milk Handlers Oct 11, 2009
The Washington-based law firm Cohen Milstein says it expects many farmers will join a class action suit against Kansas City-based Dairy Farmers of America and Dallas-based Dean Foods Co. ... Benjamin Brown, a lawyer for Cohen Milstein, said the suit had been filed as a class action, meaning that those who could collect from a jury verdict could include not just the two dairy farm families named as plaintiffs, but thousands more "similarly situated.". (ABC News -- Wire)
Keller Rohrback Announces Investigation of Alleged Unfair and Deceptive Overdraft Debit Card Fees Oct 10, 2009
Keller Rohrback is one of America's leading class action firms successfully representing business and consumer clients for over eighty-five years ... Keller Rohrback serves as lead and co-lead counsel in numerous class action cases, including consumer cases against some of the biggest and most powerful corporations in the world. (Primezone Releases)
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against RHI Entertainment, Inc Oct 10, 2009
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against RHI Entertainment, Inc - Yahoo ... Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against RHI Entertainment, Inc ... NEW YORK--(BUSINESS WIRE)--Coughlin Stoia Geller Rudman ns LLP (Coughlin Stoia) () today announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of RHI Entertainment, Inc.... (Yahoo! Wire -- Entertainment News)
National board teachers take their salary fight to court Oct 10, 2009
There should also be a class action lawsuit against the state by ALL personnel that signed a contract to work 190 days for X amount. It cannot be a valid contract if it is only binding on one party. (Atlanta Journal-Constitution -- Living)
Chinese Drywall Is a Growing U.S. Problem Oct 10, 2009
A consolidated class action will be heard beginning in January. There could be 60,000 to 100,000 homes that are worthless and have to be ripped completely down and rebuilt, said Arnold Levin, a Philadelphia lawyer and co-chairman of the plaintiffs steering committee. (Realtor Magazine Online)
Pomerantz Files Class Action On Behalf of Investors in ProShares' UltraShort Financials Fund --- SKF Oct 10, 2009
NEW YORK, Oct. 9, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP has filed a class action lawsuit (09-cv-06935) in the United States District Court, Southern District of New York, on behalf of investors of ProShares' UltraShort Financials Fund ("the SKF Fund") (NYSE: - ), an exchange-traded fund ("ETF") offered by ProShares Trust ("ProShares"), pursuant or traceable to ProShares' false and misleading Registration Statement, Prospectuses, and Statements of Additional Information... (Primezone Releases)
Should Web Search Data Be Stored? Oct 10, 2009
He currently represents AT&T customers in a class action against AT&T for its participation in the NSA's domestic spying program, and recently won a case against Apple defending online journalists from subpoenas that demanded their confidential sources. Average Internet users probably don't even realize that AOL, Google, etc. (Yahoo News -- Online Privacy)
Andersen Will Settle Suit Over WorldCom Oct 10, 2009
Plaintiffs in the class action, led by New York State Comptroller Alan G. Hevesi, declined to comment on the Andersen deal on Monday, citing a demand from the federal judge overseeing the case, Denise L. Cote, that they not discuss the agreement before a preliminary approval hearing Tuesday morning. "On Friday, Judge Cote ordered both parties in the WorldCom litigation not to comment publicly on the proceedings until after a hearing Tuesday morning April 26, since such comments could influence... (Yahoo News -- WorldCom/MCI)
$567 Million Fee Award Upheld in Fen-Phen Litigation Oct 9, 2009
In a separate appeal, Valori had argued that he was unfairly forced to contribute to the fee award from the fees he had earned through clients who opted out of the fen-phen settlement -- despite the fact that he never took advantage of the joint discovery conducted by the class action lawyers ... As for the contributions demanded from the opt-out lawyers, Jordan said it was "beyond reasonable denial" that the work of the class action lawyers had benefited all of the opt-out plaintiffs. (Law.com)
Guest column: Ron Jelinek Oct 9, 2009
The Federal Farmer wrote on Oct 8, 2009 2:55 PM:" Let's hope that some enterprising attorney brings a class action lawsuit against the State. ". Wake Up wrote on Oct 8, 2009 5:31 PM:" Mr. Jalinek have you had a single a conversation with any High School students in your district regarding their hopes & dreams for their future? I have and I found many of the kids have absolutely no aspirations at all aside from working at the gas station or waiting tables. They do not dream of being doctors,... (St. Joseph Herald-Pallidium, MI)
Fascinating look at board workings Oct 9, 2009
OZ MINERALS says it will vigorously defend the class action that litigation funder IMF has launched against it, and let's hope it does, because the case might shine some light into dark places. Company directors will be watching because the case revolves around one of the grey areas of the global crisis - the disclosure of debt exposure to the market. (Sydney Morning Herald -- Business)
Kindle ate homework, student sues Amazon Oct 9, 2009
The firm representing Gawronski, , said it will donate any money it receives from the class action to charity. "Technology companies increasingly feel that because they have the ability to access people s personal property, they have the right to do so. That is 100 percent contrary to the laws of this country," said the firm's Jay Edelson. (New Mexico Business Weekly, NM)
Sales tax vote too close to call Oct 8, 2009
Reality Facilitator wrote on Oct 6, 2009 2:23 PM:" Patriot: you're spot on! Re: the discussion about cell phone companies knowingly adding to the city sales tax coffers by charging a city sales tax to those who have a zip code that attaches to " Wasilla" or "Palmer". . . ACS charged me for it and AT&T charges it and refuses to remove it. If you want a real story-- one would think that fraud would provide it. . . both the cell phone co's and cities are aware it' going on. Class action suit,... (Wasilla Frontiersman, AK)
Sleeping-pill users face kitchen chaos as they binge eat in sleep Oct 8, 2009
It vows to fight a class action lawsuit brought by some users, saying it issues a warning of possible sleep-related eating disorders with the pack. Some doctors urge patients to install a chime on their bedroom door, to alert them when they are on an unconscious food foray. (Yahoo News -- Sleep and Sleep Disorders)
NY jury hears Vivendi class action case Oct 7, 2009
You are not logged in. The Vivendi media group lied to the public by hiding its precarious financial condition early this decade, a lawyer for shareholders told a jury at the opening of a trial Tuesday. (Muscatine Journal, IO)
Xerox-ACS pact elicits price query Oct 7, 2009
The possible uptick in lawsuits of this type follows a decline in all types of federal class-action securities suits this year, largely because there has been less volatility in the stock markets, according to the Stanford Law School Securities Class Action Clearinghouse. Eighty-seven federal class-action securities suits were filed in the first half of this year, according to the latest data available from the Clearinghouse. (Dallas Business Journal, TX)
Did Viacom Find YouTube's smoking gun? Oct 7, 2009
But attorneys for Viacom and members of the class action are expected to argue that YouTube's filtering system is a gaping hole in YouTube's defense ... Lawyers for Viacom and the class action group are expected to argue that if YouTube was notified that a specific clip was pirated, and had the power to prevent copies from going up but did not act to remove them, the company violated the DMCA.. (CBS News)
Court-Appointed Supreme Court Counsel Takes On Copyright Case Oct 7, 2009
It's the latest round in a long-running class action dispute over copyright infringement claims by freelancers against database publishers who profit from their stories and photos. At issue in this round is whether federal courts even have jurisdiction over claims by freelancers who never registered their works for copyright in the first place. (Law.com)
2009 Plaintiffs' Hot List: The Firms to Watch Oct 6, 2009
Who would have thought we'd be handing out kudos to three years after firm predecessor Milberg Weiss Bershad & Schulman was indicted for kicking back legal fees to class action plaintiffs ... To name one cause of action, securities class action filings declined by 22 ... "It was the biggest securities fraud going on, and we're the biggest securities class action firm, so we wanted to be involved, even with those risks," Coughlin told the NLJ's Amanda Bronstad. (Law.com)
Lawyer Who Signed Fraudulent Briefs in Pesticide Class Action May Be Spared Suspension Oct 6, 2009
The deal would save the court resources by putting the matter to rest, Little said, adding that the lawyers will also have to make a speech in a law school session about class action ethics. But when Little tried to craft an embarrassing scenario where the lawyers stood up in front of students and say, "I got caught," Fletcher stopped him. (Law.com)
Many workers must stay alert 24/7 but don't get paid for it Oct 4, 2009
AT&T workers in California recently brought a class action claiming they should have been paid for being on call 24 7 to handle IT maintenance services for customers' hardware, software, applications and desktop computers. Waiting to Work. (Daytona Beach News Journal -- Business)
Judge Rebuffs Insurers' Bid to Rescind Milberg's Coverage Oct 3, 2009
Former insurers of securities class action firm Milberg waited too long to rescind coverage and sue for repayment of money spent defending the firm in a kickback probe, a Manhattan federal judge has ruled, holding that the carriers knew the law firm was under indictment yet failed to act ... In May 2006, a Los Angeles grand jury , then known as Milberg Weiss Bershad & Schulman, on federal bribery and fraud charges stemming from a $251 million scheme that paid kickbacks to name plaintiffs to file... (Law.com)
The Propriety of Criticizing Judges Oct 3, 2009
The answers they get can be very helpful, especially if it is something like: "That lawyer will never go to trial, so hang tough" or, more relevant here, "Don't trust anything she says!" And as for judges, a responding colleague might helpfully say "Good luck getting that judge to disbelieve (or, alternatively, believe) a police officer's or agent's testimony." Or, "She's dyed-in-the-wool in big business's corner -- you've got a real problem with her as a plaintiff's lawyer in a securities class... (Law.com)
Indo American lawyer guilty in $2 m fraud Oct 3, 2009
WASHINGTON: An Indian-American lawyer has agreed to plead guilty to two felony charges relating to a scheme where he took more than $2 million awarded in a class action suit and lost it all on the stock market ... According to court documents, Baweja filed a class action on behalf of current and former real estate agents of ZipRealty, Inc. in May 2007 ... An Indian-American lawyer has agreed to plead guilty to two felony charges relating to a scheme where he took more than $2 million awarded in... (India Times)
Lawyer Who Lost Client Funds Playing Stock Market Pleads Guilty to Fraud Oct 3, 2009
5 million class action recovery by investing client trust funds in the stock market has pleaded guilty to criminal charges ... In 2007, Baweja filed a class action on behalf of current and former agents of ZipRealty Inc., alleging that their employer failed to pay certain sales commissions, refused to reimburse business expenses and made unlawful wage deductions. (Law.com)
U.S. Sugar settles class action Oct 3, 2009
said Friday it has agreed to settle a class action lawsuit brought by shareholders and members of its Employee Stock Ownership Plan for an $8. 4 million payment to members of the settlement class. (South Florida Business Journal, FL)
BofA's $4 Billion Case Against Bear Stearns Survives Motion to Dismiss Oct 3, 2009
BofA is doing its best to boost the fortunes of America's big firm lawyers, as evidenced by a particularly litigious week in which the bank faced an amended securities class action complaint, stepped up the defense of its soon-to-be-former CEO, settled an employment dispute and got some good news from a Manhattan federal district court judge who's not named Rakoff. We already told you about , in which an ad hoc group of pension funds is trying to capitalize on alleged deficiencies in BofA's... (Law.com)
$115M proposed for MPC stockholders Oct 3, 2009
Shareholders filed the class action lawsuit in 2001 demanding compensation from the MPC after it devalued its stock when the company sold most of its utility assets. The suit claims the power company decided to sell its assets without seeking approval from a majority of the shareholders. (Montana Standard, MT)
The Pomerantz Firm Charges Direxion Shares ETF Trust With Securities Fraud -- FAZ Oct 3, 2009
NEW YORK, Oct. 2, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP () ("Pomerantz") has filed a class action lawsuit in the United States District Court, Southern District of New York, against Direxion Shares ETF Trust ("Direxion" or the "Trust") (NYSE: - ) and certain of its top officials. The class action (09-CV-8375) was filed on behalf of persons or entities that purchased or otherwise acquired shares in the Financial Bear 3X Shares Fund (the "FAZ Fund") pursuant or traceable... (Primezone Releases)
Lawmakers scratching heads over reimbursing Chinese Drywall victims Oct 2, 2009
Dozens of class action lawsuits have been filed, and many attorneys believe they will be able to sue the Chinese and German companies responsible for the bad sheetrock in American courts, but Quinn said, that may not help. "Once we get them subject to the court system and get a judgment," Quinn said, "who's going to pay that judgment? In these countries, it's not like you can go put them in jail, they don't have to respect the United States court judgment. So, we're going to have to have some... (WWLTV.com, LA)
Hispanic farmers claim discrimination Oct 2, 2009
Hill cited a recently settled class action lawsuit by black farmers alleging discrimination by the USDA in which 15,000 farmers were awarded $1 billion in damages. Farmers from around the Southwest showed support for Hispanic farmers involved in the lawsuit during Vilsack's visit, with some wearing white T-shirts showing a slash through the letters "USDA" and the words "Stop Discrimination.". (MSNBC -- Race)
Prosecutors: Lawyer squandered clients' $2M award Oct 2, 2009
An Orange County attorney has agreed to plead guilty to losing more than $2 million in the stock market that was supposed to go to a group of employees he represented in a class action lawsuit. The U.S. attorney's office says 39-year-old Sandeep Baweja agreed to plead guilty Thursday to wire fraud and obstruction of justice. (Fresno Bee -- State)
MPC lawsuit finally near end Oct 1, 2009
This should end a class action lawsuit filed by the shareholders against the former utility in August 2001. Shareholders filed the suit demanding to be compensated by the power company for the loss of value of their stock when Montana Power sold most of its assets. (Montana Standard, MT)
Judge OKs class action in Katrina bridge case Oct 1, 2009
NEW ORLEANS -- A federal judge has certified a class action lawsuit for a group of New Orleans transit workers who claim their constitutional rights were violated by police officers who stopped them while they tried to flee the city in Hurricane Katrina's aftermath ... A class action is a lawsuit in which the claims of many people are decided in a single case ... Plaintiffs' lawyers also asked Vial Lemmon to certify class actions against Gretna police and the Jefferson Parish Sheriff's Office... (WWLTV.com, LA)
Microsoft releases free antivirus software Oct 1, 2009
I'm still waiting for the class action against Microsoft for selling a product that is so flawed that hackers and criminals can drive B-triples through it to plunder the financial assets of individuals and organisations, and threaten national and international security. But maybe Microsoft is 'too big to fail. (Sydney Morning Herald -- Technology)
'Crude': Lawyers at work, babies with rashes Sep 30, 2009
The $27 billion class action documented in "Crude" was filed in November 1993 and is still unresolved - a Dickensian lawsuit if ever there was one ... The $27 billion class action documented in "Crude" was. (San Francisco Chronicle -- Entertainment)
Outside Gates, MPD Noise Citations on the Rise Sep 30, 2009
It led to a class action and a whole lot of Georgetown students getting their arrest records expunged. This does not seem like an identical situation, but something seems strange about getting an "arrest" on your record but never getting handcuffed, read your rights, put in a police car, or taken to the station. (The Hoya, Washington DC)
'New Formulation' on Conflicts Returns Debevoise to $8 Billion MetLife Case Sep 30, 2009
The circuit concluded unanimously that plaintiffs had failed to meet that standard in an $8 billion class action arising from MetLife's 2000 conversion from a mutual company to a publicly traded stock company and ordered the reinstatement of Debevoise & Plimpton as the insurer's counsel. Eastern District Judge Thomas C. Platt had disqualified the firm on Sept. 1, one week before trial was set to begin. (Law.com)
Land Disposal of Coal Combustion Byproducts - Upsets and Implications (Part 1) Sep 30, 2009
Constellation Energy, the Murphy Firm and the Law Offices of Peter Angelos announced that the parties have reached a settlement agreement regarding a class action lawsuit filed by residents in Gambrills, Md. who alleged they were damaged by the use of coal ash to reclaim a sand and gravel quarry in Anne Arundel County. (Energy Pulse, CO)
1st Circuit Upholds $13 Million Drug Pricing Ruling Against AstraZeneca Sep 26, 2009
Decision involving test-case class could have effect on multidistrict class action over average wholesale price index ... If you've been scoring correctly, you'll note that all of the defendants in the multidistrict class action brought by third-party payers, consumers and insurers have settled, save one ... That's bad news for AstraZeneca, considering that Judge Saris's ruling applied to a test class and will presumably reverberate through the broader class action against the drug company. (Law.com)
Lehman creditors agreement scrapped Sep 26, 2009
The case could ultimately become a class action from Lehman's ''contingent creditors'', who allege they were misled when they were sold risky bundles of collateralised debt obligations ... If our clients' claims cannot be settled with Lehman Australia, then we will seek leave to proceed against [it] by way of class action,'' Mr Walker said. (Sydney Morning Herald -- Business)
Good News Garage Scores $100K Gift Sep 26, 2009
The gift amounts to part of a settlement from a class action lawsuit against several car paint companies that were accused of overcharging for their product. Dennis Johnson, a partner with the Johnson & Perkinson law firm, told reporters, "We have chosen an automobile charity, the Good New Garage, because we admire the work that they do, and it is related to the alleged wrong in the case.". (WCAX.com, VT)
Bear Stearns stockholder sues its former execs Sep 26, 2009
Court approves Lowe's class action settlement. A Los Angeles Superior Court judge on Tuesday approved a class action settlement between Lowe's Cos. (Fresno Bee -- Business)
LOCAL GOVERNMENT SUES WEB-BASED TRAVEL BUSINESSES Sep 26, 2009
The Pine Bluff Advertising and Promotion Commission and Jefferson County filed a class action lawsuit for up to 4,999,999 Friday against 12 online discount travel companies. In a press release sent by the defendants lawyer, Thomas Thrash, the complaint alleges companies such as Expedia, Travelocity and Orbitz are not paying entities such as the city and the county the amount of taxes they collect from customers. (Pine Bluff Commercial, AR)
Glancy Binkow & Goldberg LLP, Representing Shareholders of Repros Therapeutics Inc., Announces There are 11 Days Remaining to Move for Appointment as Lead Plaintiff -- RPRX Sep 26, 2009
LOS ANGELES, Sept. 25, 2009 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased or otherwise acquired the common stock of Repros Therapeutics Inc. ("Repros" or the "Company") (Nasdaq: - ) between July 1, 2009 and August 3, 2009, inclusive (the "Class Period"), have only 11 days until the October 6, 2009, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit ... Glancy Binkow & Goldberg LLP is a law... (Primezone Releases)
Boies Schiller Files Suit Against Bear Stearns Sep 26, 2009
These are shareholders, he explained, who didn't buy or sell shares in the time frame covered by the class action, but sustained huge losses because they held onto their Bear Stearns stock ... The section is infrequently cited in class actions, Drubel said, because it requires a showing that an individual investor relied on the auditor's work ... But because Sherman and the other major Bear Stearns shareholders Boies Schiller is talking to are not part of a class action, Drubel said, they can... (Law.com)
Andersen Will Settle Suit Over WorldCom Sep 25, 2009
Plaintiffs in the class action, led by New York State Comptroller Alan G. Hevesi, declined to comment on the Andersen deal on Monday, citing a demand from the federal judge overseeing the case, Denise L. Cote, that they not discuss the agreement before a preliminary approval hearing Tuesday morning. "On Friday, Judge Cote ordered both parties in the WorldCom litigation not to comment publicly on the proceedings until after a hearing Tuesday morning April 26, since such comments could influence... (Yahoo News -- WorldCom/MCI)
Kendall Law Group Announces Shareholder Investigation Into CBS Corporation Sep 25, 2009
The firm is seeking CBS shareholders who wish to enforce strict corporate governance and internal controls on the company because of the allegations revealed in a class action ... A class action was filed against the Company and certain executives in the Southern District of New York on December 12, 2008 ... The class action complaint alleges that Defendants failed to disclose that adverse market conditions had materially impaired their operations, expected cash flows and the value of its... (Primezone Releases)
Scholars, Former Judges Oppose Judicial Immunity Claim of Ex-Pa. Judges Sep 25, 2009
A group of 20 former judges and legal scholars have written an amicus curiae brief in the class action suit against two former Luzerne County judges and others, supporting arguments that Michael T. Conahan and Mark A. Ciavarella Jr. should not be able to invoke the doctrine of judicial immunity ... However, Epps and Abraham Gafni, a professor at Villanova University School of Law, said they were approached by attorneys involved in the class action suit about signing on to an amicus curiae brief.... (Law.com)
Should Web Search Data Be Stored? Sep 25, 2009
He currently represents AT&T customers in a class action against AT&T for its participation in the NSA's domestic spying program, and recently won a case against Apple defending online journalists from subpoenas that demanded their confidential sources. Average Internet users probably don't even realize that AOL, Google, etc. (Yahoo News -- Online Privacy)
Judge delays Google books hearing Sep 25, 2009
The class action case would let Google distribute and sell digital versions of out of print, copyrighted books. Judge Chin's decision comes after the American Association of Publishers and the Authors Guild asked the court to delay the final fairness hearing on the proposed agreement, which needs court approval to go ahead. (BBC News -- Americas)