Class Action News
March 21, 2013
Corporate Counsel |
March 21, 2013
In taking stock of securities class action settlements in 2012, a new Cornerstone Research report finds that while the number of settlements decreased since 2011, the collective dollar amount of those settlements surged more than 100 percent—reaching $2.9 billion.
Forbes |
March 21, 2013
The Association of Corporate Counsel has jumped into the fight over the $100 million fee plaintiff lawyers want to charge for negotiating a $590 million settlement with Citigroup.
Tags: Class Action
ThomsonReuters |
March 21, 2013
A U.S. judge certified on Wednesday a class of investors who have filed a lawsuit accusing Sanofi of misleading them about the status of regulatory approval for a failed anti-obesity pill.
ThomsonReuters |
March 21, 2013
The 2nd U.S. Circuit Court of Appeals is considering a pair of cases that could determine the degree to which employers can tamp down wage-and-hour class actions.
Tags: Arbitration - ADR, Class Action
March 20, 2013
Reuters |
March 20, 2013
The U.S. Supreme Court on Tuesday ruled that a homeowner seeking to sue his insurer could not file suit in a state court considered friendly to plaintiffs.
Tags: Arkansas, Class Action, Judiciary
ThomsonReuters |
March 20, 2013
The number of securities class action settlements approved by U.S. courts fell to a 14-year low in 2012, but the total payout shot up as lawsuits arising from the global financial crisis worked through the legal system, a new study shows.
March 19, 2013
Bloomberg |
March 19, 2013
The U.S. Supreme Court put new constraints on class-action lawsuits, siding with a Travelers Cos. unit and undercutting what companies say is a favorite tactic used by trial lawyers to steer cases to friendly courts.
Tags: Arkansas, Class Action
Reuters |
March 19, 2013
Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis.
Tags: Class Action
March 18, 2013
American Lawyer |
Subscription Required |
March 18, 2013
A Florida Supreme Court decision Thursday is being hailed as a complete victory for smokers who have been litigating against tobacco companies for decades. The opinion preserved anti-tobacco findings from a defunct class action and rejected cigarette makers' claims that they were denied due process by trial rules and jury instructions.
Tags: Class Action, Florida
Sydney Morning Herald |
March 18, 2013
Macquarie Group has struck a deal with close to 1000 investors who lost their savings in the collapse of Storm Financial, reaching an $82.5 million settlement.
Tags: Class Action, International
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From The Blog
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