Popular Litigation Topics & News

  • Rehab To Pay $25M To End Investor Suit Over Murder Probe
    Investors in AAC Holdings Inc. announced Friday that they have reached a $25 million settlement with the publicly traded substance abuse treatment center over their securities class action, which accused it and its top executives of covering up an active murder investigation in violation of the Exchange Act. ... Read more...
    Source: Law 360Published on 2018-02-16
    3 days ago
  • Sharone Perlstein, et al., Jonathan Strum, Alan Weinberg, et al.
    SEC Obtains Bars and Suspensions Against Individuals and Accounting Firm in Shell Factory Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-02-16
    3 days ago
  • Daniel Thibeault, et al.
    Relief Defendant in Fraud Case Against Massachusetts Investment Adviser is Ordered to Pay Over $500,000 ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-02-16
    3 days ago
  • Insmed Beats Stock-Drop Suit Over Lung Disease Drug
    A New Jersey federal judge on Thursday tossed a proposed class action alleging that Insmed Inc. misled investors over the likelihood that a lung disease drug would gain market approval in Europe, ruling that the biopharmaceutical company’s alleged misstatements and omissions didn’t meet the standards for securities law claims. ... Read more...
    Source: Law 360Published on 2018-02-16
    3 days ago
  • Investor Groups Cheer Calls For Limiting Dual-Class Perks
    Investor advocates on Friday lauded SEC Commissioner Robert Jackson's call for sunset provisions on dual-class stock structures, which allow company founders to reserve extra voting power compared with public shareholders, calling it a pragmatic approach that could curb perceived abuses of the practice. ... Read more...
    Source: Law 360Published on 2018-02-16
    3 days ago
  • Muni Market Shaken By Puerto Rico Special Revenues Ruling
    Municipal bonds secured by pledged special revenue streams have long been prized as safe bets, but a recent ruling in Puerto Rico’s restructuring cases that payment on those obligations is not required in bankruptcy has riled investors and left legal experts confounded over a largely untested Bankruptcy Code provision. ... Read more...
    Source: Law 360Published on 2018-02-16
    3 days ago
  • Atty Botched Plea, Man Convicted Of Fraud Tells 2nd Circ.
    A man convicted in two separate multimillion dollar fraud cases told the Second Circuit on Thursday that he suffered from ineffective counsel, saying his attorney never told him about a deal that would have consolidated his guilty pleas and potentially taken more than two years off his sentence. ... Read more...
    Source: Law 360Published on 2018-02-16
    3 days ago
  • Litigators of the Week: A Gig Economy Bellwether Battle
    Gibson Dunn & Crutcher partners Michele Maryott and Theane Evangelis scored a win for GrubHub in a bellwether case that could have a lasting impact on how gig-economy workers are classified.         ... Read more...
    Source: Litigation DailyPublished on 2018-02-16
    4 days ago
  • Southridge Capital Management LLC, et al.
    Court Orders Connecticut Hedge Fund Manager and Firms to Pay Nearly $13 Million in SEC Case ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-02-15
    4 days ago
  • Commonwealth Advisors, Inc. and Walter A. Morales
    Baton Rouge-Based Investment Adviser To Be Barred and Firm Registration To Be Revoked For Hiding Losses From Investors ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-02-15
    4 days ago
  • Daily Dicta: There’s Client Service. And Then There’s Michael Cohen.
    Quick show of hands: how many of you have ever paid $130,000 in hush money out of your own pocket to help a client? And didn't actually mention it to them? Or ask to get paid back?         ... Read more...
    Source: Litigation DailyPublished on 2018-02-15
    5 days ago
  • Kevin J. Amell
    SEC Obtains Final Judgment Against Portfolio Manager Charged with Matched Trades Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-02-14
    5 days ago
  • Daily Dicta: DOJ Lawyer Sues Georgetown for Rejecting Him, Claiming Age Bias
    George Mazza, 62, is a longtime senior counsel in the Justice Department's Civil Rights Division. But what he wants now is to get a Ph.D in theology from Georgetown. When the university rejected him, he sued.         ... Read more...
    Source: Litigation DailyPublished on 2018-02-14
    5 days ago
  • Daily Dicta: Oh the Bloody Starbucks Horror
    A California family sued Starbucks for selling “dangerous, defective, contaminated, tainted, spoiled and unsafe beverages. But their lawyer might want to think twice before taking this one to a jury.         ... Read more...
    Source: Litigation DailyPublished on 2018-02-13
    6 days ago
  • Trump Budget Puts Legal Services Back on the Chopping Block
    The president also proposed to eliminate LSC funding In his 2018 budget proposal but Congress rebuffed the plan after an outcry from business leaders and politicians.         ... Read more...
    Source: Litigation DailyPublished on 2018-02-13
    1 week ago
  • Lawsuit Filed: Alleged Magic Bullet Defect Prompts Nutribullet Lawsuit
    Los Angeles, CA: Nutribullet is facing a defective products lawsuit filed by a customer who alleges the Magic Bullet blender poses a risk of injury to users due to a defect which causes the product to malfunction. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-02-12
    1 week ago
  • Settlement: Jury Awards $41M in Personal Injury Lawsuit Against RJ Reynolds
    Miami, FL: The husband of a woman who died from smoking-related emphysema, has been awarded $27,799,999.99 in punitive damages by the jury hearing his defective products case. The week prior the jury awarded Leslie Schlefstein $13.975 million in compensatory damages. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-02-06
    2 weeks ago
  • Lawsuit Filed: Norton Healthcare Employee Benefits Class Action Filed
    Louisville, KY: Employees at the non-profit hospital and health care provider Norton Healthcare, have brought a proposed class action lawsuit alleging they were presented with 403(b) plans with more expensive investment options when cheaper, comparable options were available. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-01-25
    4 weeks ago