In The News Today - December 10, 2014

December 10, 2014

“TCPA lawsuits are up 30 percent through September of 2014 compared to the same period last year,” reports Claims Journal, highlighting the report, Lawsuit Ecosystem II: New Trends, Targets and Players, released by ILR last week. (Claims Journal)

The Wall Street Journal editorial board writes that the plaintiffs’ bar got a 9-0 “thumping” at the U.S. Supreme Court, reversing the Ninth Circuit Court of Appeals decision in Integrity Staffing Solutions v. Busk. In that case, employees had filed a class action against a company that ships for, “claiming workers were entitled to back pay for time waiting to go through a metal detector to and from work”. (Wall Street Journal)

Citigroup Inc. announced that it will spend $2.7 billion to “bolster its legal reserves” in the wake of the recent foreign-exchange settlements with U.S. and U.K. regulators, expected settlements with the Federal Reserve and Justice Department, and additional investigations by federal regulators. (Wall Street Journal)