Popular Litigation Topics & News

  • Musk Sued for Defamation by British Caver He Called ‘Pedo Guy’ on Twitter
    The lawsuit marks the second time this month that Musk's tweeting has resulted in a lawsuit following earlier securities suits based on his tweets about taking Tesla private.         ... Read more...
    Source: Litigation DailyPublished on 2018-09-17
    14 hours ago
  • Israeli Gov’t Contractor Settles Securities Suit With $3M Deal
    Ability Inc. agreed to pay $3 million to investors to resolve a securities suit accusing the Israeli government contractor of making misleading financial statements during its bid to buy Cambridge Capital Acquisition Corp., according to a deal approved by a New York federal judge on Monday. ... Read more...
    Source: Law 360Published on 2018-09-17
    15 hours ago
  • SEC Accuses Ex-Adviser Of Fraudulently Raising $6.8M
    The U.S. Securities and Exchange Commission filed a complaint in Texas federal court on Monday accusing the former owner of a now-defunct investment adviser and a since-sold franchise of an investment education business of fraudulently convincing investors to hand over $6.8 million through unregistered securities offerings. ... Read more...
    Source: Law 360Published on 2018-09-17
    16 hours ago
  • Equifax Exec Shouldn’t Duck Insider Trading Charges: Judge
    A New York federal judge recommended keeping alive two insider trading charges against a former Equifax Inc. executive accused of selling shares of the company before news of a massive hack broke last year, saying Monday that both charges are different and detailed enough to survive a dismissal bid. ... Read more...
    Source: Law 360Published on 2018-09-17
    16 hours ago
  • Hawk Systems Investor Fights For Control In Chancery
    An investor of biometric security firm Hawk Systems Inc. told a Delaware Chancery Court judge Monday that he is the majority stockholder of the company and its sole director after the company was abandoned by other board members following the alleged looting of investor funds. ... Read more...
    Source: Law 360Published on 2018-09-17
    17 hours ago
  • Trump Lawyers Push Back on Ex-‘Apprentice’ Contestant’s Effort to Get Info About M...
    President Donald Trump is pushing back against an effort by a woman suing him for defamation for the president to produce information about other women who have accused him of sexual harassment, deriding it as a means to harass and distract him from his official duties.         ... Read more...
    Source: Litigation DailyPublished on 2018-09-17
    17 hours ago
  • Daily Dicta: After World Court Win, This Debevoise Partner Is (Almost) a Celebrity in Doha
    When Debevoise partner Catherine Amirfar represented Qatar at the World Court, the nation was watching.         ... Read more...
    Source: Litigation DailyPublished on 2018-09-17
    19 hours ago
  • Thomas J. Caufield
    SEC Charges Former Owner of Investment Education Franchise with Misleading Investors ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-09-17
    19 hours ago
  • Kavanaugh Accuser in Going Public Puts New Pressure on Republicans
    A spokesman for the Senate Judiciary Committee said in a statement Sunday: "It's disturbing that these uncorroborated allegations from more than 35 years ago, during high school, would surface on the eve of a committee vote after Democrats sat on them since July."         ... Read more...
    Source: Litigation DailyPublished on 2018-09-16
    2 days ago
  • Greg Craig Repped by Zuckerman’s Bill Taylor Amid SDNY Investigation
    The former of counsel at Skadden is facing a federal investigation tied to special counsel Robert Mueller's probe into Russian interference in the U.S. elections.         ... Read more...
    Source: Litigation DailyPublished on 2018-09-15
    3 days ago
  • Rong Chen, et al.
    SEC Charges Acquisition Advisor with Insider Trading ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-09-14
    4 days ago
  • Arista Power, Inc., et al.
    SEC Obtains Consent Judgments in Fraudulent Disclosure and Stock Manipulation Case ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-09-14
    4 days ago
  • Gregory Lemelson, Lemelson Capital Management, LLC, and The Amvona Fund
    SEC Charges Hedge Fund Adviser with Short-And-Distort Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-09-13
    5 days ago
  • Laura, et al.
    SEC Charges Three in Crude Oil Processing Scheme ... Read more...
    Source: SEC Litigation ReleasesPublished on 2018-09-12
    6 days ago
  • Potential Lawsuit: Tennessee Employment Lawsuit News and Legal Information
    Tennessee labor lawsuits allege violations of Tennessee employment laws including overtime pay, discrimination and harassment. Tennessee labor law sets out guidelines for overtime, meal and rest breaks and other wage & hour laws. Possible violations of Tennessee employment law include wrongful termination, retaliation and discrimination. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-08-31
    3 weeks ago
  • Potential Lawsuit: Tesla Stock Lawsuits Legal News and Lawsuit Information
    On August 8, 2018, Elon Musk, high flying CEO of Tesla, Inc. tweeted to the world that he was considering taking Tesla private at $420 per share. He said he had the money. The price of the stock skyrocketed, trading was temporarily suspended and the SEC launched an investigation into potential price manipulation. The financing later appeared to have depended on inconclusive conversations with the Saudi government. Some securities lawyers began to consider the impact of Musk’s tweeting on Tesla stock investors, including those who might be invested through their 401k plans. Within a week of Musk’s surprise announcement, several investors had filed Tesla stock lawsuits, claiming that they had suffered financial losses as a result of market manipulation. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-08-27
    3 weeks ago
  • Potential Lawsuit: Vaginal Rejuvenation Lawsuit News and Legal Information
    On July 30, 2018, the United States Food & Drug Administration (FDA) issued a formal warning to manufacturers of laser gynecological devices and patients who have undergone, or plan to undergo, treatment with such devices. The FDA initially cleared these “energy based” devices for the treatment of serious health conditions, including cancer and hysterectomies. However, after reviewing reports of problems and the results of several studies, the agency has issued a stern warning against the use of these devices for “off label” purposes—including vaginal rejuvenation. Although these devices have been approved for the treatment of serious health conditions, the FDA has not approved their use for the treatment of other conditions for which they are being used. Seven device manufacturers have been targeted with warning letters, and the FDA has requested their feedback before deciding what actions, including potential enforcement actions, are appropriate. ... Read more...
    Source: Lawyers and SettlementsPublished on 2018-08-21
    4 weeks ago