Delaware Chancellor Clarifies Standards in Lead Counsel Selection Process Nov 3, 2009
Halloween put Chancellor William Chandler III of Delaware Chancery Court in a playful mood in an denying a motion to reconsider his choice of lead counsel in a shareholder class action challenging the merger of Dress Barn and Tween Brands ... In a ruling that provides a helpful summary of the criteria for lead counsel in Delaware class actions, Chandler analyzed Rigrodsky & Long's four arguments for why he shouldn't have chosen as lead counsel, and methodically dismissed all of them. (Law.com)
Nevada Judge Approves Wal-Mart Wages Settlement Nov 3, 2009
Nevada District Court Judge Philip M. Pro in Las Vegas issued final approval of the settlement, which covered 39 class action lawsuits across multiple states against the world's largest retailer. Last December, the Bentonville, Ark. (ABC News -- Wire)
South Haven Schools will not take Michigan police to court (3) Nov 2, 2009
If the budget problem had not been resolved, the Thrun law firm planned to launch a class action lawsuit against the state police to force them to do the inspections as required by state law. The South Haven Schools district was among the many potential districts that planned to join that suit if needed. (St. Joseph Herald-Pallidium, MI)
Sheriff looking into 'disturbance' at tax service office Nov 2, 2009
"Deputies responded to a disturbance at Gilmore Tax Service in regard to individuals complaining they had given money to the business owner in an attempt to retrieve money from a class action lawsuit," Sheriff's Office spokesperson Keisa Peterson said. Individuals claimed they were told they could file forms for a $25 fee at Gilmore Tax Service and receive $50,000 from the Pigford, or black farmers', class action lawsuit, according to a Sheriff's Office incident report ... Hope Derrick of... (Orangeburg Times and Democrat, SC)
Argentina to Win Over Griesa, Gain Access to Overseas Markets, Kiguel Says Nov 2, 2009
Argentina faces lawsuits from the holders of "$3 billion to $4 billion of defaulted debt, Finance Secretary , 37, said Oct. 28 when asked by lawmakers. Creditors have filed about 135 individual and 18 class action lawsuits in the U.S., 550 cases in Germany and 13 in Italy, Argentina said in the SEC filing on Oct. 27. Darts EM Ltd. investment fund and New York-based hedge- fund firm Elliott Management Corp.s NML Capital are among the plaintiffs. John Missing, a legal representative for... (Bloomberg -- Latin America)
Court win for condo buyers Nov 2, 2009
Jared Beck, of the law firm in Miami, has a similar case seeking class action status against the in Miami federal court. Time has passed for them to return the money. (South Florida Business Journal, FL)
Should Web Search Data Be Stored? Nov 1, 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)
Nine years and Hispanic farmers still waiting for discrimination suit ruling Nov 1, 2009
They are among Hispanic farmers bringing a class action suit against USDA over its lending practices. So they continue to wait. (Fresno Bee)
UPW members' suit claims layoffs violate rights Nov 1, 2009
Khim said he also will be asking Sakamoto to certify his complaint as a class action so it would include other state workers and offices that are targeted for layoffs or reduction in service. This would include most of the state's film office, the Community Based Economic Development Program, Enterprise Zone/Partnership Program, as well as staff at Kulani, according to the lawsuit. (Honolulu Advertiser)
Multiplex arms AWB Oct 31, 2009
BROOKFIELD Multiplexs recent success in challenging the legality of a litigation funding arrangement behind a shareholder class action has prompted an attack on the validity of a similar case against AWB. ... The judge also floated the potential cure of an independent authority being appointed to look after the interests of the members of the class action ... The court also heard yesterday that the solicitors for the plaintiffs in both class actions, Maurice Blackburn, would seek leave to... (Sydney Morning Herald -- Business)
Suit Claims That Redbox Charges Late Fees Despite Promise Not to Oct 31, 2009
A class action has been filed against Redbox Automated Retail LLC on behalf of consumers who claim they were charged late fees on DVD rentals, even though the kiosk retailer advertises that it does not charge late fees. The suit comes as Redbox, a subsidiary of Coinstar Inc.. (Law.com)
Massive Malpractice Action Against Deloitte Is Reinstated Oct 31, 2009
In 2006, Deloitte settled a class action filed on behalf of Symbol's investors for $24 million. Symbol was purchased in 2007 by Motorola for $3. (Law.com)
Lawyers' $11 Million Bonus Request Leaves Judge, SEC Surprised Oct 31, 2009
But Michael Hanzman, of counsel with West Palm Beach-based , who represented defrauded investors in class action litigation, told Moreno the receivership lawyers "deserve a significant fee enhancement." He did not specify an amount. "If you want to attract the best and the brightest people to take these cases, you have to pay a reasonable fee," Hanzman said. (Law.com)
Possible class action suit in DePue? Oct 31, 2009
Possible class action suit in DePue ... DEPUE ; A legal team from Chicago and Texas is probing lawns and homes in DePue in an environmental investigation a source says could erupt into a class action lawsuit against former and present owners of DePue;s New Jersey Zinc Superfund site ... One potential outcome is the filing of a class action suit against (former plant operators) Exxon-Mobil, Viacom, and Horsehead Industries,; Wetzel said. (Princeton Bureau County Republican, IL)
Judge in Heller Case Hears Objections to Attorney Fees, Proposed $19 Million Settlement Oct 31, 2009
"Going over the proposed class action settlement, I'll tell you that it's nearly impossible to understand," Simon said ... A post on from the four named employee plaintiffs in the class action praises Blum Collins' work and urges employees to support the settlement. (Law.com)
Settlement submitted in Wal-Mart employees' class action suit Oct 30, 2009
Friday, October 30, 2009. Published: Thursday, October 29, 2009 6:18 PM CDT Over three million Wal-Mart hourly employees who worked in 30 states submitted their request for final approval of an 85 million settlement to Judge Philip M. Pro in the U.S. District Court for the District of Nevada. (Boerne Star, TX)
Pelosi's biggest one yet! 1,990 pages... Oct 30, 2009
Pelosi vs. the "Nazi Pelosi" bullhorn people - Glenn Thrush - POLITICO.com. Pelosi vs. the "Nazi Pelosi" bullhorn people. (The Drudge Report)
Andersen Will Settle Suit Over WorldCom Oct 30, 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)
Sleeping-pill users face kitchen chaos as they binge eat in sleep Oct 30, 2009
box").removeAttr("style"); }); }); The problems of overweight Americans are usually ascribed to poor diet and a lack of exercise. But new research suggests another possible culprit: the country's addiction to sleeping pills, the most popular of which may cause some people to binge eat in their sleep. The drug in question is Ambien, manufactured by the French company Sanofi-Aventis, for which 26 million prescriptions were written by American doctors last year. Alas, according to two separate... (Yahoo News -- Sleep and Sleep Disorders)
CP Ships Agrees to Pay $12 Million to Settle Canadian Securities Lawsuit Oct 30, 2009
Siskinds LLP, a London, Ontario-based law firm, said the settlement is better than the settlement in a parallel class action suit filed in the U.S., where shareholders received $1. 3 million after a Florida federal judge dismissed the claim. (Bloomberg -- Canada)
A singular man of the skyways Oct 30, 2009
3 billion class action against the bank and BrisConnections. For this reason I am a formidable foe, not to be taken lightly. (Sydney Morning Herald -- Business)
Investors win $6m payout over Westpoint collapse Oct 30, 2009
The Australian Securities and Investment Commission had alleged in a class action that PIS was negligent in its provision of advice to investors and breached its Australian financial services licence. Of the $393 million investor capital tied up in Westpoint at the time of its collapse in January 2006, $19 million was from the pockets of PIS customers. (Sydney Morning Herald -- Business)
Timbercorp faces class action Oct 30, 2009
BATTERED grower investors in the collapsed Timbercorp yesterday launched a class action against the company, its responsible entity and three directors, in a move that will overtake a separate action by Timbercorp's liquidator to be heard in the courts today ... If investors win the class action, they will plunder Timbercorp's professional indemnity insurance and its directors' and officers' insurance coverage ... The law firm handling the class action, Macpherson + Kelley Lawyers and principal... (Sydney Morning Herald -- Business)
Notice to Investors: Federman & Sherwood Reminds Investors of Imminent Deadline in Securities Class Action Lawsuit Against Direxion Shares ETF Trust on Behalf of Those Investors Who Purchased or Otherwise Acquired Shares in Direxion Daily F Oct 29, 2009
Notice to Investors: Federman & Sherwood Reminds Investors of Imminent Deadline in Securities Class Action Lawsuit Against Direxion Shares ETF Trust on Behalf of Those Investors Who Purchased or Otherwise Acquired Shares in Direxion Daily Financial Bear 3X Shares -- FAZ - Yahoo ... Notice to Investors: Federman & Sherwood Reminds Investors of Imminent Deadline in Securities Class Action Lawsuit Against Direxion Shares ETF Trust on Behalf of Those Investors Who Purchased or Otherwise Acquired... (Primezone Releases)
Judge rules against B93 class action status Oct 29, 2009
IONIA Judge Suzanne Hoseth Kreeger denied class action status to a lawsuit against Clear Channel and B93 for the Birthday Bash flooding in the 8th Circuit Court Tuesday. Attorney John Tallman had sought class action status for the case to determine liability for the vehicles left damaged and destroyed by the June flooding of the Ionia Free Fair grounds ... I am unable at this juncture to say that the issues are such that would warrant class action status, Kreeger said. (Ionia Sentinel-Standard, MI)
Suncorp-Metway's new chief executive seems reluctant to let go of his memories as a British tank commander. Oct 29, 2009
3 billion class action Byrnes tried to launch against Macquarie and the managers of BrisConnections in April this year. JIMMY HOUDINI. (Sydney Morning Herald -- Business)
Judge Lets Huge WaMu Securities Lawsuit Advance Oct 29, 2009
"The plaintiffs are very pleased with the court's ruling," said Barry S. Keller, a lawyer for the Ontario Teachers Plan Fund, projected as lead plaintiff if the lawsuit is certified as a class action. Barry M. Kaplan, Killinger's lawyer, was traveling and did not return a request for comment through his office. (ABC News -- Wire)
Class Action Revived Against Countrywide Over Alleged Kickbacks Oct 29, 2009
com - 3rd Circuit Revives Class Action Against Countrywide Over Alleged Kickback Scheme ... 3rd Circuit Revives Class Action Against Countrywide Over Alleged Kickback Scheme ... 3rd Circuit Revives Class Action Against Countrywide Over Alleged Kickback Scheme. (Law.com)
Students share in debt agreement Oct 29, 2009
Eligible students will automatically get this benefit unless they opt-out of a pending federal class action case. Silver State operated 34 flight schools, including a location in Boise. (Ontario Argus Observer, OR)
Youth for Action Ghana Condemns Newmont Cyanide Spillage Oct 29, 2009
In February 2009, Newmont paid $ 4 million as a settlement of a 5-year old class action suit launched against Newmont Mining Corporation on the allegation that Newmont sent massive amounts of toxic water into the city of Grass Valley's sewage treatment plant. The Company will also spend $2 million to build another water treatment plant for the city,' the statement said. (Ghana Web, Ghana)
Securities Litigation Against NutriSystem Is Thrown Out Oct 28, 2009
U.S. District Judge Mary A. McLaughlin's 56-page opinion in In re NutriSystem Inc. Derivative Litigation comes less than two months after the same judge tossed out a class action shareholders suit against the company. McLaughlin's 41-page opinion in In re NutriSystem Inc. Securities Litigation rejected allegations that top executives made false and misleading statements about the company's financial health. (Law.com)
Business briefs Oct 28, 2009
Class actionApollo Group, the par ent company of the Uni versity of Phoenix, most of whose students take classes over the Internet, plunged as much as 21 percent in extended trad ing after the company re ported the SEC began an informal inquiry into the company's revenue recog nition practices. Liberty OKJohn Malone's Liberty Media said it has received approval from the IRS for a tax-free spin-off of its Liberty Entertainment unit ahead o 0000074C f a merger with DirecTV Group. (New York Post -- Business)
Vets Score One Against DoD on Burn Pits Oct 28, 2009
Meanwhile, there is a massive class action lawsuit against KBR, for which soldiers are blaming for their illnesses, and other pending legislation, like , most recently. He wants automatic priority health care and benefits for veterans suffering from toxic exposures on the battlefield. (The American Conservative)
The Shuman Law Firm Announces the Filing of a Class Action Lawsuit Against Hansen Medical, Inc. Oct 27, 2009
Oct. 26, 2009 (GLOBE NEWSWIRE) -- Advertising Material -- The Shuman Law Firm today announced that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of a class (the "Class") consisting of all persons or entities who purchased the securities of Hansen Medical, Inc. ("Hansen" or the "Company") (Nasdaq: - ) between May 1, 2008 and October 18, 2009, inclusive (the "Class Period") ... The Shuman Law Firm represents investors... (Primezone Releases)
Judge Rules eBay Can Name Forum in Contract With Users Oct 27, 2009
The Oct. 19 decision by Jones echoes the rationale espoused by U.S. District Judge Charles P. Sifton of the Eastern District of New York, whose 57-page decision in Universal Grading Service v. eBay Inc. handed down in June 2008 transferred a proposed class action antitrust case against eBay to the Northern District of California. In the Universal Grading Service case, eBay was accused of conspiring with a group of coin dealers to monopolize the market for certain collectible coins by adopting... (Law.com)
Fraud Class Action Against Former Midway Games Executives Dismissed Oct 27, 2009
Is it finally game over for the shareholders of Midway Games. Midway, the maker of such fine entertainment as , filed for bankruptcy last February. (Law.com)
Keller Rohrback L.L.P. Announces Investigation of State Street Bank & Trust Company's Foreign Currency Trading System Oct 27, 2009
Keller Rohrback serves as lead and co-lead counsel in numerous retirement plan class action cases, including cases against State Street, Enron, WorldCom, Merrill Lynch, Bear Stearns, and Wachovia, and also Section 36(b) mutual fund excessive fee cases, including cases against Ameriprise Financial Inc., and Fidelity Investments. Keller Rohrback has successfully provided class action representation for over a decade. (Primezone Releases)
Hospitals in queue to sue CSL Oct 26, 2009
A MULTIMILLION-dollar class action lawsuit against CSL has dramatically expanded after 11 US hospitals signed up as plaintiffs against the blood plasma company and its chief rival Baxter, claiming Australia's biggest health-care company engaged in cartel behaviour ... The burgeoning case has led to some Australian institutional investors participating in a phone hook-up recently with a lead lawyer handling the suit, where they questioned him about the veracity and extent of the class action ...... (Sydney Morning Herald -- Business)
McConnell rejects poll showing distrust of Republican Party Oct 26, 2009
Most of all advocacy, support and services and even quantity and quality of med care is by class action for developmental delay and blind by group affiliation only , not for individuals, or done by medical need. might be good for a future article as -THE SYSTEMS WERE BROKEN LONG BEFORE THEY WERE BROKE.PLEASE DO NOT PRINT THIS.BY dc matthews on 10/25/2009 at 14:44Which side would I choose - how about neither - they are both corrupt, they are both packed with liars who care more about wall street... (TheHill.com)
Building chaos Oct 25, 2009
Tenant lawyers could also request a class action on behalf of all similarly situated tenants ... Tenant lawyers could also request a class action on behalf of all similarly situated tenants. (New York Post -- News)
Pomerantz Law Firm Files Action on Behalf of Investors in ProShares' UltraShort Oil and Gas Fund -- DUG Oct 24, 2009
NEW YORK, Oct. 23, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP has filed a class action (09-cv-8926) on behalf of investors of ProShares' UltraShort Oil and Gas Fund (NYSE: - ) who purchased or otherwise acquired shares in the DUG Fund, 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 issued in connection with the DUG... (Primezone Releases)
To Build Practice, Ex-Bush SG Embraces Liberal Clients Oct 24, 2009
The group and its lawyers were seeking a fee enhancement under a federal fee-shifting statute after winning a class action challenge to Georgia's foster care system. The group's executive director, Marcia Lowry, said she sought out Clement after being told by several friends in the public interest sector that "Paul was the best oral advocate they'd ever seen." She also wanted to telegraph that seeking fee enhancements "was not a 'liberal' issue only. I liked the idea of someone with government... (Law.com)
Play It Again, Uncle Sam! Oct 24, 2009
Im ready to file the largest class action suit in American history on behalf of all those who have been assaulted by repetitive, mediocre and often scatological rock and rap music in public places. Unexpected help came this week from a group of rock musicians who are shocked, shocked, that their art might have been used to torture terrorists at the Guantanamo Bay detention center, which they are demanding be closed immediately. (Townhall.com)
Pomerantz Reminds Investors in Direxion Shares ETF Trust (FAZ) of Lead Plaintiff Deadline Oct 24, 2009
NEW YORK, Oct. 23, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP () ("Pomerantz") reminds investors in Direxion Shares ETF Trust ("Direxion" or the "Trust") (NYSEArca: - ), that November 17, 2009 is the deadline to request that the Court appoint you as Lead Plaintiff in the class action. Pomerantz filed a class action lawsuit in the United States District Court, Southern District of New York, against Direxion and certain of its top officials ... The class action (09-CV-8375) was... (Primezone Releases)
Kaleida, CHS facing class-action lawsuits Oct 24, 2009
for free extra services. Subscribe to Business First. (Buffalo Business First, NY)
Cemetery cleanup needs volunteers Oct 23, 2009
Friday October 23, 2009. For several years, Bayside Cemetery in Ozone Park has been the subject of controversyrevolving around both an ongoing lawsuit concerning the conditions of gravesites and tombstones and litter and graffiti in and around the burial ground. (Queens Chronicle, NY)
Isilon Systems Q3 loss grows to $4.9M Oct 23, 2009
The company was affected in the latest quarter by of a shareholder class action suit filed two years ago. Isilon is responsible for $2 million of the settlement (insurers will pay the balance). (Puget Sound Business Journal, WA)
Merck Loses Hearing Bid on Class-Action Vioxx Suits at Top Canadian Court Oct 23, 2009
Oct. 22 (Bloomberg) -- lost a bid in the Canadian Supreme Court to put a Vioxx lawsuit on hold in Ontario, while it won a ruling that prevents another case from moving forward as a class action in Saskatchewan ... The request to put the Ontario suit on hold was filed before the suit was certified by a judge as a class action, Ronald Rogers, a Merck spokesman, said in a phone interview. (Bloomberg -- Canada)
Illegal Steroids Still for Sale Oct 23, 2009
LaRose is part of a class action lawsuit against American Cellular Labs, the manufacturer of the "Tren Xtreme" product that he says took a heavy toll on his liver, and his skin. LaRose is not the only one. (CBS News -- Evening News)
Messier, Bronfman Must Stand Trial in Vivendi Market-Manipulation Case Oct 23, 2009
By chance, at the same time as the New York class action, the judge says he sees a crime. So I have to ask myself about the timing. (Bloomberg -- Canada)
Keller Rohrback L.L.P. Announces ERISA Investigation Regarding the Advanta Corp. Employee Stock Ownership Plan and the Advanta Corp. Employee Savings Plan Oct 22, 2009
Keller Rohrback serves as lead and co-lead counsel in numerous ERISA class action cases, including cases against Enron and WorldCom. Keller Rohrback has successfully provided class action representation for over a decade. (Primezone Releases)
Click to read:Pay Cuts Coming for Bailed Out Executives Oct 22, 2009
Join the Class Action Suit VS. The CORRUPT " Chase Home Finance " Look online to read about Thousands of hard working Americans who are getting their paperwork lost,are being lied to on each phone call and are generally held hostage by these White Collar Thugs. by babooph October 21, 2009 9:00 PM EDT. (CBS News)
Should Web Search Data Be Stored? Oct 22, 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)
Seaboard sues Marsh, AIG Oct 22, 2009
AIG spokesman Mark Herr said in an e-mail that the suit rehashes old allegations, and in fact, similar claims brought in a class action in New Jersey were dismissed. Seaboard chose not to take part in a global settlement with Marsh that resulted from then-New York Attorney General Eliot Spitzer s civil complaint against Marsh in October 2004 alleging that Marsh had participated in a bid-rigging scheme with insurance companies, including AIG (NYSE: AIG). (Wichita Business Journal, KS)
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against The9, Ltd. Oct 22, 2009
Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against The9, Ltd. - Yahoo ... Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit against The9, Ltd. ... 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 American Depositary Shares (ADSs) (as evidenced by American... (Yahoo! Wire -- Entertainment News)
'Widow penalty' provision to end under new law Oct 22, 2009
who created a support network for widows and widowers and has taken the lead in the widows' class action suit ... Congress' action came as the requirement went under legal attack all over the country, including a class action lawsuit filed in Los Angeles and individual litigation in Georgia, New Jersey, New York, Massachusetts, Maryland, Missouri, Ohio and Texas. (Rhinelander Daily News, WI)
Hispanic farmers fight to sue USDA Oct 22, 2009
What has made the process singularly frustrating, these farmers said, is that a similarly worded suit brought on behalf of black farmers but heard by a different judge was certified as a class action and settled in 1999 ... He has appealed the Hispanic farmers' case to the Supreme Court, and is still hoping to get certification as a class action. (Anchorage Daily News)
Over-the-Counter Steroids? Oct 22, 2009
Preston and his friends are part of a class action lawsuit against American Cellular Labs, the maker of Tren Xtreme, which they say caused pain so severe, the only way to relieve it is surgery. Preston said, pointing to his chest, "All that is not muscle. It's all breast tissue. And then you can see the scars from where I had my last surgery. And they have to go in here and take out all the tissue that's left behind it on both sides.". (CBS News -- Evening News)
Boone County man scores victory in BP suit Oct 22, 2009
Judge David Bunning, of the U.S. District Court of Eastern Kentucky, Covington, on Wednesday denied BP s motion to dismiss the suit, which is being pursued as a class action. The complaint, filed by Robert French in November 2008, claims that BP reduced the value of employee pension plans when it switched the programs from traditional defined plans to cash-balance plans. (Cincinnati Business Courier, OH)
Centro a case study in crisis management Oct 22, 2009
PWC attended meetings ahead of the release of the incorrect debt information in 2007, and has been linked by Centro to class action suits launched on behalf of Centro shareholders ... As well as Centro, Oz Minerals is facing a class action lawsuit over claims that it incorrectly advised the markets about the size of its short term debt load last year. (Sydney Morning Herald -- Business)
Banks hit with suits on overdraft fees Oct 21, 2009
Several of the nation s largest banks -- including some operating in Colorado -- are the targets of lawsuits seeking class action status filed in U.S. District Court for the Southern District of Florida. The suits, filed Monday, allege that , (now a unit of ), , and have abusive and excessive overdraft fee policies. (Denver Business Journal, CO)
Investor Alert: Dyer & Berens LLP Announces Its Investigation Concerning Losses Suffered by Certain Hansen Medical, Inc. Investors Oct 21, 2009
The law firm of Dyer & Berens LLP focuses on complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. (Primezone Releases)
What brought Erin? Oct 21, 2009
The only people who ever make out in a class action lawsuit are the attorneys. The victims get the scraps left behind. (The Palm Beach Post)
Sleeping-pill users face kitchen chaos as they binge eat in sleep Oct 21, 2009
box").removeAttr("style"); }); }); The problems of overweight Americans are usually ascribed to poor diet and a lack of exercise. But new research suggests another possible culprit: the country's addiction to sleeping pills, the most popular of which may cause some people to binge eat in their sleep. The drug in question is Ambien, manufactured by the French company Sanofi-Aventis, for which 26 million prescriptions were written by American doctors last year. Alas, according to two separate... (Yahoo News -- Sleep and Sleep Disorders)
Andersen Will Settle Suit Over WorldCom Oct 21, 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)
