News
May 13, 2013
Reuters |
May 13, 2013
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over its acquisition of Merrill Lynch - looks headed the same way.
ThomsonReuters |
May 13, 2013
Hewlett-Packard Co must defend against a lawsuit accusing former management at the world's largest personal computer maker of defrauding shareholders by abandoning a business model it had long touted, causing more than $16 billion of market value to be wiped out.
Tags: Securities Litigation
Corporate Counsel |
May 13, 2013
As retail titan Wal-Mart seeks to overturn a $187.6 million class action, one of the Pennsylvania Supreme Court justices hearing oral arguments Wednesday in Harrisburg questioned how the class of employees could have proven its case without using the company's payroll records.
Tags: Pennsylvania
Corporate Counsel |
May 13, 2013
For the fifth year in a row, U.S. employers have seen an increase in the number of wage-and-hour lawsuits filed against them in federal court, according to calculations by the Federal Judicial Center.
Tags: Lawsuit Abuse Impact
Bloomberg |
May 13, 2013
The U.S. government is joining a whistle-blower lawsuit accusing Chemed Corp.’s Vitas Healthcare unit of falsely certifying patients as hospice eligible to collect money from Medicare.
Courthouse News Service |
May 13, 2013
Diamond Foods failed to show that two law firms made secret political donations to become class counsel in a securities fraud class action, a federal judge ruled.
St. Louis Post-Dispatch |
May 13, 2013
Madison County Chief Judge Ann Callis announced she is stepping down from her post to run for Congress in the 13th District. Certainly, serving in Congress is a high-profile and important post, but her current position has perhaps an even greater impact on area residents.
Tags: Illinois, Lawsuit Abuse Impact
May 10, 2013
Washington Post |
May 10, 2013
As the nation’s economy struggled, JPMorgan Chase filed hundreds of lawsuits a day against Americans for credit-card default using erroneous or flimsy evidence, according to a lawsuit filed Thursday by California Attorney General Kamala Harris.
Wall Street Journal |
Subscription Required |
May 10, 2013
A multibillion-dollar settlement of a federal investigation into Johnson & Johnson sales practices is on hold, as J&J seeks to avoid wording in the agreement that could leave it vulnerable to private lawsuits, according to people familiar with the talks.
Washington Post |
May 10, 2013
A Merck & Co. sales representative is suing the drugmaker for at least $100 million, saying Merck doesn’t give women equal opportunities for advancement and punishes employees for taking maternity leave.
Tags: Class Action
