Class Action News
March 14, 2013
ThomsonReuters | March 14, 2013
Investors suing American International Group Inc for allegedly misrepresenting its exposure to financial products that drove the insurer into a government bailout are seizing on a recent U.S. Supreme Court case in their bid for class certification.
March 8, 2013
New York Law Journal | March 8, 2013
Attorney General Eric Schneiderman has blasted as unreasonable and "wildly excessive" a $42 million request for legal fees and expenses from plaintiffs lawyers representing investors in a settlement related to Bernard Madoff's Ponzi scheme run as Bernard L. Madoff Investment Securities LLC.
March 7, 2013
American Lawyer | Subscription Required | March 7, 2013
It was inevitable that the collapse of the $300 billion auction-rate securities market in 2008 would trigger securities litigation. And it did, though without giving the plaintiffs bar all that much to show for it. But the ARS freeze also spawned a massive antitrust case, after a trio of plaintiffs firms cooked up a theory that the market's demise was triggered by an illegal boycott on the part of major banks.
ThomsonReuters | March 7, 2013
A recent decision from the 9th Circuit Court of Appeals undoing the class action certification of a wage dispute at a Chinese-language newspaper signals how Dukes v. Wal-Mart is calling into question a host of employment class action cases.
Bloomberg | March 7, 2013
Anglo American Plc’s South African unit faces a class-action suit from miners with silicosis who worked at 11 operations that the company used to own, lawyers led by Leigh Day & Co. said.
March 5, 2013
WSJ.com Law Blog | March 5, 2013
First our subs are too short. Now we’re told our beer is too watery. It’s enough to make you suspect a corporate conspiracy to make us thinner.
March 4, 2013
Australian Financial Review | Subscription Required | March 4, 2013
The results of the court case, the nation's biggest, will be felt by governments, utilities and possibly even consumers, writes Mathew Dunckley.
March 1, 2013
ThomsonReuters | March 1, 2013
Settlements in litigation involving wage-and-hour disputes rose in 2012 and employers should continue to expect more filings of these cases in 2013, according to attorneys for the law firm Seyfarth Shaw, which represents corporations in labor and employment matters.
Miami Herald | March 1, 2013
A potential class-action lawsuit filed against the state-backed Citizens Property Insurance Corp. alleges the company purposefully deprived customers of windstorm mitigation discounts through an arbitrary re-inspection program that lawyers estimate has cost customers nearly $200 million in lost credits.
February 28, 2013
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