Getting unaudited publications audited Mar 6, 2010
THE Audit Bureau of Circulations (ABC) is still going ahead with its plan to take class action suit against unaudited publications with high ad revenues and is currently talking with senior lawyers ... At its annual presentation in December, the ABC had given leading unaudited publications until end of last month to undergo an audit to substantiate their claimed circulation figures or class action would be taken against them. (The Star Online, Malaysia -- Business)
The Egleston Law Firm and Rigrodsky & Long, P.A. File Class Action Suit Against Novelos Therapeutics, Inc. Mar 6, 2010
The Egleston Law Firm and Rigrodsky & Long, P.A. File Class Action Suit Against Novelos Therapeutics, Inc. - Yahoo ... The Egleston Law Firm and Rigrodsky & Long, P.A. File Class Action Suit Against Novelos Therapeutics, Inc. ... NEW YORK, March 5, 2010 (GLOBE NEWSWIRE) -- The Egleston Law Firm and Rigrodsky P.A. ("Rigrodsky ) today announced that a class action has been commenced on behalf of an investor in the United States District Court for the District of Massachusetts on behalf of... (Primezone Releases)
Law Offices of Howard G. Smith Announces Update to the Shareholder Lawsuit Against Koss Corporation -- KOSS Mar 6, 2010
March 5, 2010 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith announces a March 16, 2010, deadline to move to be a lead plaintiff in the securities class action lawsuit filed on behalf of all persons or entities who purchased the securities of Koss Corporation ("Koss" or the "Company") (Nasdaq: - ) between July 12, 2005 and December 21, 2009, inclusive (the "Class Period"). The shareholder lawsuit is pending in the United States District Court for the Eastern District of Wisconsin. (Primezone Releases)
Shareholders Cry Conflict of Counsel in Class Action Over Merck Merger Mar 6, 2010
5 million fee for representing shareholders who obtained no monetary or equitable relief in a class action settlement over the merger of drug giants Merck and Schering-Plough ... Silber also seeks sanctions against Carella Byrne under Federal Rules of Civil Procedure 11(b)(3) for allegedly botching the class action suit. (Law.com)
Honolulu man sues Toyota over defects Mar 6, 2010
A lawsuit filed this week by Honolulu resident Edward Funasaki seeks to establish class action status for Hawai'i residents who own or lease a Toyota that has been recalled ... Lawyers in several of the class action lawsuits could be consolidated in federal courts in California, Louisiana or Kentucky. (Honolulu Advertiser)
Stull, Stull & Brody Retained to File Class Action Lawsuit against Electronic Game Card, Inc. Mar 5, 2010
Stull, Stull & Brody Retained to File Class Action Lawsuit against Electronic Game Card, Inc. - Yahoo ... Stull, Stull & Brody Retained to File Class Action Lawsuit against Electronic Game Card, Inc. ... NEW YORK--(BUSINESS WIRE)--Stull, Stull and Brody has been retained to file a class action law suit on behalf of purchasers of Electronic Game Card, Inc. ("Electronic Game" or the "Company") (OTCBB: - ) securities between April 5, 2007 and February 19, 2010. (Yahoo! Wire -- Entertainment News)
Katrina Victims to Sue Greenhouse Gas Emitters Mar 5, 2010
The class action suit brought by residents from southern Mississippi, which was ravaged by hurricane-force winds and driving rains, was first filed just weeks after the August 2005 storm hit. "The plaintiffs allege that defendants' operation of energy, fossil fuels, and chemical industries in the United States caused the emission of greenhouse gasses that contributed to global warming," say the documents seen by AFP.. (Newsmax)
The biggest disadvantage Mar 5, 2010
The Red Herring After 11 years, Savings Bank Life Insurance Co. of Massachusetts and activist Jason Atkins have finally made peace, reaching a proposed settlement in their long-running class action lawsuit. Atkins had alleged SBLI did not pay enough dividends to policyholders and kept too much money in safety fund reserves. (Boston Globe)
3rd Circuit: IRS and H&R Block Cannot Be Sued Over E-Filing Fees Mar 5, 2010
In its 27-page opinio 00004000 n in Byers v. Intuit Inc., a unanimous three-judge panel refused to revive a proposed nationwide class action against H&R Block, Intuit Inc. and the Internal Revenue Service brought by taxpayers who claim the IRS effectively "outsourced" its statutory responsibility for accepting and processing electronically filed tax returns to private companies. Plaintiffs attorneys Thomas Martin, Alan M. Feldman and Thomas More Marrone of complained in the suit that the IRS... (Law.com)
The Cooper Companies Announces First Quarter 2010 Results Mar 5, 2010
Among the factors that could cause our actual results and future actions to differ materially from those described in forward-looking statements are: adverse changes in global or regional general business, political and economic conditions due to the current global economic downturn, including the impact of continuing uncertainty and instability of U.S. and international credit markets that may adversely affect the Company's or its customers' ability to meet future liquidity needs; limitations... (Primezone Releases)
Storm founder urges legal action Mar 5, 2010
The architect of Storm Financial, Emmanuel Cassimatis, has written to his former clients ''as a concerned friend'', criticising a settlement with the Commonwealth Bank and promoting a class action lawyer. In his letter, Mr Cassimatis criticised the Commonwealth Bank for spreading false information, attacked the press, and said he had spent his own money on a court case against the banks. (Sydney Morning Herald -- Business)
Boynton woman sues Toyota, Delray dealership Mar 5, 2010
Attorney Brian Smith is seeking class action status which would mean that the estimated $5 million lawsuit could benefit anyone who bought a Toyota from Ed Morse in Delray Beach from January 2004 till January 2010 ... He has already filed one lawsuit against Toyota, seeking class action status, and anticipates more will follow. (The Palm Beach Post)
KBR and the Pentagon -- Billions More and No Turning Back Mar 4, 2010
The latest: a huge class action suit by sick vets who say KBR was responsible for , as well as the death of at least one soldier who was electrocuted by a shoddy base shower built by KBR subcontractors. There are ongoing probes into at least 17 similar electrocutions. (The American Conservative)
Holzer Holzer & Fistel, LLC Announces Investigation Into Purchase of Smith International Inc. Mar 4, 2010
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, , and upon request from the firm. (Primezone Releases)
Reports: Elpida to buy Spansion assets Mar 4, 2010
6 million to workers fired last year under a proposed class action settlement agreement. Most Read Stories. (San Jose Business Journal, CA)
Lawsuit says Groupon issues illegal coupons Mar 4, 2010
In the meantime, wrote on its Web site on Wednesday: Weve decided that the best way to respond is by organizing our own class action. If there actually are customers out there that feel like we've let them down, we want to get them their money as quickly as possible. (Crain's Chicago Business)
Clark: Carrot and Stick Approach Needed for Homeowners in Foreclosure Mar 3, 2010
For example, lawyers in LSC-funded programs cannot bring class action suits and thus must challenge illegal and widespread practices on an inefficient case-by-case basis. They have also been prevented from initiating legislative advocacy on behalf of communities that are in dire need of changes in lending policy, notably a restriction not applied to the banks who received government bailout money. (Roll Call)
Black Police to Seek Class Action Lawsuit Mar 3, 2010
About 300 black police officers are hoping to file a class action lawsuit against the Capitol Police, more than eight years after they originally filed individual discrimination lawsuits against the department ... Joe Gebhardt, one of the officers attorneys, has refiled the complaints and the motion for a class action clarification but he s also approached Members of Congress with appeals to force a settlement. (Roll Call)
The Pomerantz Firm Charges Toyota Motor Corporation With Securities Fraud -- TM Mar 3, 2010
NEW YORK, March 2, 2010 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP () ("Pomerantz") has filed a class action lawsuit in the United States District Court, Central District of California, against Toyota Motor Corporation ("Toyota" or the "Company") (NYSE: - ) and certain of its top officers and directors. The class action (10-CV-1429) was filed on behalf of persons who purchased or otherwise acquired the publicly traded securities on either the United States stock exchanges or any... (Primezone Releases)
Calif. County Sues GlaxoSmithKline Over Diabetes Drug Mar 3, 2010
A GlaxoSmithKline spokeswoman said the company hadn't seen the complaint, and that it expected it to be transferred to the coordinated proceedings, along with class actions seeking Avandia refunds, before Judge Cynthia Rufe in the Eastern District of Pennsylvania. The company "believes that the cases have no substantive merit, and are not appropriate for class action status," she said. (Law.com)
Lawsuit challenges Coke deal Mar 3, 2010
Coca-Cola's planned takeover of Coca-Cola Enterprises' North American bottling operations would unfairly underpay CCE shareholders, according to a lawsuit that seeks class action status. More business news. (Atlanta Journal-Constitution -- Business)
Cyrus Mehri's Race Battle on Madison Avenue Mar 2, 2010
The move could lead to a class action. "There's been a call for help by African Americans in this industry," Mehri says. (BusinessWeek)
Pesticide Atrazine Can Turn Male Frogs Into Females Mar 2, 2010
Several states are considering banning atrazine, and six class action lawsuits have been filed seeking to eliminate its use. The European Union already bars the use of atrazine. (Science Daily)
* Vivendi narrows Q4 loss despite possible damages Mar 2, 2010
Vivendi SA said yesterday its net loss narrowed in the fourth quarter even though it took a 550 million euro (US$746 million) charge to cover possible fines from a US class action brought by shareholders. The French media and entertainment giant added in a statement that the amount of damages it might have to pay could differ significantly from the 550 million euro provision after a jury in the US said it lied to the public about its shaky finances. (Taipei Times, Taiwan -- Business)
Vivendi: 2009 Targets Achieved Mar 1, 2010
In this regard, we will also continue to vigorously defend the company and its current shareholders against the unfounded claims we and they are suffering in light of the class action proceedings in the United States over the last years ... Provision regarding U.S. Class Action ... On January 29, 2010, the jury rendered its verdict in the Securities Class Action lawsuit in the Federal Court in the State of New York. (Yahoo! Wire -- Entertainment News)
Embattled Toyota chief to speak in China Mar 1, 2010
" onclick="Next();" src="/images/butt_next. They need to troubleshoot as China is such a big market. (Channelnewsasia.com)
2 council members blast Oakland parking bias Feb 28, 2010
The only remedies are actions by the City Council, the city administrator or a class action lawsuit. For poor people, who might have to choose between a $100 ticket and rent money, the situation is worse. (San Francisco Chronicle)
Councils sue after $18.5m investment 'imploded' Feb 28, 2010
Piper Alderman has gathered 40 councils in a prospective class action. The councils are awaiting a judgement from the High Court on the Lehman deed of company arrangement and legal developments in the US and UK before proceeding. (Sydney Morning Herald -- Business)
Student wins Facebook suit against school Feb 27, 2010
Perhaps a class action lawsuit. Have you been victimized by cyberbullying hatespeak with death threats and death wishes and violent hyperbole. (Atlanta Journal-Constitution -- Opinion)
Yelp Faces Extortion Claim, Class Action Suit Feb 27, 2010
Law firms in San Diego and Miami Tuesday filed a class action complaint with the U.S. District Court for the Central District of California, on behalf of Gregory Perrault, a veterinarian who owns and operates Cats Animal Hospital in Long Beach, Calif. The complaint alleges that , which is based in San Francisco, extorts business owners by promising to hide or bury negative reviews if they agree to purchase a monthly advertising subscription from the company. (ABC News)
Bar beats state in smoking ban case Feb 26, 2010
Citing a ruling in its favor, a statewide bar owners association says it plans to file a class action lawsuit to recover fines imposed from the statewide smoking ban ... As such, the groups plan to begin working immediately on a class action lawsuit to recover those fines ... Thompson said the class action suit likely won t be filed unless and until the group wins a favorable ruling from an appellate court. (Columbus Business First, OH)
Timminco Announces Update on Credit Facility Feb 26, 2010
Timminco cautions that forward-looking information involves known and unknown risks, uncertainties and other factors that may cause Timminco's actual results, performance or achievements to be materially different from those expressed or implied by such information, including, but not limited to: liquidity risk; global economic uncertainty; credit risk; pricing and availability of raw materials; silicon metal selling prices; customer concentration; power supply and electricity prices; production... (CCNMatthews Press Releases)
Click to read:Toyota: Recall's Success No Sure Bet Feb 24, 2010
In the past, consumers filed class action suits, the problems were aired and addressed, and the victims families were compensated. It's history. (CBS News)
FROM FUMES SUIT COMES SCHOLARSHIP ... Hebert seeking meeting on board consolidation ... Heartfelt hope is beating in Ark. ... Elections on tap in St. Martin ... Not playing (at) fair ... Negotiation time ... Online courses wave of future for technical schools ... Franklin police getting help in wake of killings ... Beads, beats rule parade in Loreauville ... Boy Scouts marks 100th anniversary ... New Iberia intersection closes ... Receiving ashes ... Chance to talk policing ... Dust you will return ... Many Christians see this time as special ... A GRAND PARTY ... Sundays Mardi Gras fun ... Boucherie a hit as fundraiser ... Hymel helps struggling El Salvadorans ... SKYPE HYPE ... Rosamond feted at Jeanerette chamber event Thursday ... TREASURE OR JUNK? THEY TRY TO DECIDE ... COA Mardi Gras dance ... SEEING A NEED IN HAITI ... Museum\'s spring unveiling nears ... RETURNING KINDNESS ... To help with patrols ... Food mixes with fun at Jeanerette parade; fights mar event ... Leadership XII class starts ... Parades Away ... \'Unconventional\' teacher making connection ... SEND US YOUR SAINTS PHOTOS! ... TELLING THE EWE STORY ... St. Martin moving on school bond improvements ... MORE PAWS ON JOB ... Dealerships await fix from Toyota ... DISCOVERY HERE ... Chernobyl history of help tied to 5k run in city park ... NO SHADOW, CHER ... N.I. poetry returns ... ALL SAINTS ALL THE TIME ... Landrieu recall movement taken to the streets ... Citizen of Year ... Pierre prepares for his big day ... Staying on the right path ... CHAMBER MESSAGE STERN ... Warnings continue in cap and trade ... $107,462 PLAYGROUND ... Damage contained ... SOON-TO-BE-HOMELESS ... Annual blood drive stocks area blood shelves ... GOLDEN TIMES FOR SALES ... Final say on money issues ... Faith has been rewarded ... Krewe de Fou bal masque ... ';var marqueewidth="515px";var marqueeheight="25px";var marqueebgcolor="#";////NO NEED TO EDIT BELOW THIS LINE////////////var pauseit=1;var marqueespeed=1 //slow speed down by 1 for NSvar copyspeed=marqueespeedvar pausespeed=(pauseit==0)? copyspeed: 0var iedom=document.all||document.getElementByIdif (iedom)document.write(''+marqueecontent+'')var actualwidth=''var cross_marquee, ns_marqueefunction populate(){if (iedom){cross_marquee=document.getElementById? document.getElementById("iemarquee") : document.all.iemarqueecross_marquee.style.left=parseInt(marqueewidth)+8+"px"cross_marquee.innerHTML=marqueecontentactualwidth=document.all? temp.offsetWidth : document.getElementById("temp").offsetWidth}else if (document.layers){ns_marquee=document.ns_marquee.document.ns_marquee2ns_marquee.left=parseInt(marqueewidth)+8ns_marquee.document.write(marqueecontent)ns_marquee.document.close()actualwidth=ns_marquee.document.width}lefttime=setInterval("scrollmarquee()",20)}window.onload=populate;function scrollmarquee(){if (iedom){if (parseInt(cross_marquee.style.left)>(actualwidth*(-1)+8))cross_marquee.style.left=parseInt(cross_marquee.style.left)-copyspeed+"px"elsecross_marquee.style.left=parseInt(marqueewidth)+8+"px"}else if (document.layers){if (ns_marquee.left>(actualwidth*(-1)+8))ns_marquee.left-=copyspeedelsens_marquee.left=parseInt(marqueewidth)+8}}if (iedom||document.layers){with (document){document.write('')if (iedom){write('')write('')write('')write('')}else if (document.layers){write('')write('')write('')}document.write('')}} FROM FUMES SUIT COMES SCHOLARSHIP Feb 24, 2010
The Community Foundation of Acadiana, in conjunction with the Iberia Parish Enhancement Fund, has created a scholarship endowment fund with 18,000 left over from the settlement of a class action lawsuit against the Iberia Parish School Board filed in 2003 ... David Groner, the lead attorney for the plaintiffs, said often when class action lawsuit money is disbursed and expenses are paid, the leftover amount is too little to redistribute to the plaintiffs. (New Iberia, LA)
- Voice: Writer hands out assignment 0 Feb 24, 2010
This reminded me of after the torture death of Enrique Camarena in Mexico in 1985, Hispanic DEA and FBI agents filed a class action suit against the U.S. government for discrimination in promotions and job assignments. I read about this in the (you guessed it) I.V. Press. (El Centro Imperial Valley Press, CA)
Class Warfare Feb 24, 2010
How do you join a class action lawsuit ... When a massive product recall occurs, or some other large-scale corporate embarrassment, law firms that specialize in class actions will seek out people who have suffered injury as a result, and build a case around them ... If different firms around the country are pursuing similar class action suits, those cases will often get consolidated and tried in a single federal courta procedure called. (Slate)
US Federal jury subpoena, documents add to Toyota woes Feb 23, 2010
The beleaguered Japanese giant faces a host of US lawsuits linking defects to more than 30 deaths in class action suits that could cost it billions of dollars. As its president Akio Toyoda, the grandson of the company's founder, braces for a showdown with a US Congress panel on Wednesday, more bad news hit the iconic company embroiled in the worst crisis in its 70-year history. (Yahoo! Asia News)
Lexus driver to describe 6 miles of terror Feb 23, 2010
Docwaters wrote on Feb 5, 2010 12:21 PM:" It's going to get a lot worse. The vulture lawyers have already gotten their "class action" law suits going. Those lawyers give the profession a bad name. ". TOP JOBS. (Montana Standard, MT)
Parties in Case Pending More Than 4 Years Sue Texas High Court Justices Over Delay Feb 23, 2010
Alleging that the delay in their case has deprived them of their constitutional rights to due process, plaintiffs in a class action suit pending more than four years at the Texas Supreme Court have sued each of the court's nine justices. Southwestern Bell Telephone Co., the defendant in the underlying class action suit, Marketing on Hold Inc. v. Southwestern Bell Telephone Co., filed an interlocutory appeal with the Texas Supreme Court in November 2005 ... As alleged in the federal complaint,... (Law.com)
The USDA and The Value of Black Land Feb 23, 2010
The settlement was named after Timothy Pigford, a black farmer from North Carolina who, along with 400 other African-American farmers, filed a class action suit against the USDA in 1997, charging the agency with racial discrimination in its allocation of farm loans and assistance. For decades, federal assistance to African-American farmers was blocked by seemingly racist USDA agents, and black farmers bias complaints were ignored, or received glacial responses. (Slate)
Spansion might give $8.6M to fired workers Feb 23, 2010
6 million to workers fired last year under a proposed class action settlement agreement, attorneys involved in the lawsuit said today. Sunnyvale, Calif. (Austin Business Journal, TX)
Market Forecaster: February cattle on feed report Feb 23, 2010
The Australian Wheat Board has agreed to pay the equivalent of 35 million to settle a class action lawsuit. Shareholders filed the lawsuit to recover money lost through AWB kickbacks to the former Saddam Hussein government. (Midwest Bulls Eye, NE)
Changes in abuse list Feb 23, 2010
Hoffman's class action lawsuit alleged that many of those individuals had their cases improperly closed by the state Office of Children and Family Services without hearings ... Finch was eventually exonerated, but it took two years and triggered the class action lawsuit, which was filed in 2004. (Albany Times Union)
Ontario Superior Court of Justice Approves Settlement of Class Action Claim Feb 23, 2010
LONDON, UNITED KINGDOM--(Marketwire - Feb. 23, 2010) - Orsu Metals Corporation ("Orsu" or the "Company", formerly European Minerals Corporation or "EMC") (TSX: - ; AIM:OSU), the London-based precious and base metals exploration and development company, announces that the settlement of the class action claim filed by Pysznyj against Orsu Metals Corporation (then European Minerals Corporation), William G. Kennedy and James Cole on 2 June 2008 (the "Claim") has been approved by the Ontario Superior... (CCNMatthews Press Releases)
New documents raise heat on Toyota Feb 22, 2010
The beleaguered Japanese giant has pulled more than eight million vehicles worldwide and faces a host of US lawsuits linking its defects to more than 30 deaths in class action suits that could cost it billions of US dollars. As its president Akio Toyoda, the grandson of the company's founder, braces for a showdown with a hostile Congress on Wednesday, more bad news hit the iconic company embroiled in the worst crisis of its 70-year history. (Sydney Morning Herald -- World)
Judge sliceslawyers' feesby $1 million Feb 22, 2010
Ted Frank, the founder and president of the Washington, D.C.-based nonprofit Center for Class Action Fairness, says it s common to see class-action lawsuits filed after mergers ... But Millen, the Womble Carlyle attorney, says that could be offset by a 2005 federal law called the Class Action Fairness Act, which made it easier to move class-action cases from state to federal courts. (Raleigh Triangle Business Journal, NC)
Why settle for so little? Feb 21, 2010
The class action was abruptly settled on Monday, three days into a scheduled five-week hearing ... By way of comparison, in the settlement of the last big shareholder class action in 2008, poker machine company Aristocrat agreed to pay 57 per cent of the claim measured on a similar analysis of its share-price fall ... The longer the period, the harder for the economists who participate in class actions as expert witnesses to isolate the influence on share trading of particular information. (Sydney Morning Herald -- Business)
Obama v. Toyota -- The California Connection Feb 21, 2010
At last count, 44 class action lawsuits have been filed against Toyota and its U.S. dealers. Is keeping open NUMMI the price Toyota must pay to stay in business in the U.S.. (Human Events Online)
First Chinese drywall trial opens Feb 20, 2010
The case, Germano et al v. Taishan Gypsum Co. Ltd. et al, is a test case in a class action consolidation of thousands of cases nationwide. Knauf, a German-owned company in China, entered the case only as an interested party to propose a cheaper fix for the problem drywall. (South Florida Business Journal, FL)
AWB Iraqi 'deception' under fire Feb 20, 2010
AWB admitted on February 10 in a shareholder class action in the Federal Court that it knew a Jordanian trucking company was passing the money on to Baghdad between 1999 and 2003 ... In this month's class action, AWB conceded its knowledge but denied the payments contravened UN sanctions. (Sydney Morning Herald -- Australia)
Wal-Mart Has Fired Lead Plaintiff in Sexual Harassment Suit, Her Lawyer Says Feb 20, 2010
Most recently, Wal-Mart agreed in December to pay $40 million to resolve what may be the largest wage-and-hour class action settlement in Massachusetts history. Related Items. (Law.com)
No ruling from judge on Google book case Feb 19, 2010
The settlement resulted from a class action lawsuit filed in 2005 by the Authors Guild and AAP charging Google with copyright infringement. It calls for Google to pay 125 million dollars to resolve outstanding claims and establish an independent "Book Rights Registry," which would provide a majority of sales and advertising revenue to authors and publishers. (Yahoo! Asia News)
Suit: Schools Spied on Students Via Webcam Feb 19, 2010
No question this is going to get certified as a class, this is exactly what the rules on class action lawsuits were designed for. And once it is certified the lawyers are going to bring in the experts (like myself) and I have no doubt that we are going to find a treasure trove of illegal activity on the schools part. (CBS News -- Evening News)
O'Melveny & Myers Sees New Decreases in Revenue, Profits Feb 19, 2010
In March IP star to join Kirkland & Ellis, and class action rainmaker in May to join Skadden. Culvahouse disputes that the high-level departures constitute a trend and emphasizes that the firm's IP and class action practices continue to be strong. (Law.com)
Google book project opponents, supporters meet in courts Feb 19, 2010
" Those speaking against the deal outnumbered supporters by about four to one, with the judge allowing each of the roughly two dozen individuals and groups who are not actual parties to the case five minutes to state their positions. Google and supporters of the project argued that the proposed digital library and electronic bookstore would make millions of out-of-print books available and provide a new avenue for authors to profit from their works. Opponents of the agreement urged the judge to... (Channelnewsasia.com)
Google seeks court approval of digital book project Feb 18, 2010
The agreement resulted from a class action lawsuit filed against Google in 2005 by the Authors Guild and the American Association of Publishers (AAP) charging the Internet titan with copyright infringement. Google, the Authors Guild, the AAP and two dozen backers and opponents of the settlement, which was reached in 2008 and modified since, are expected to present arguments at the day-long hearing. (Yahoo! Asia News)
Facebook Sued Over Privacy Feb 18, 2010
A class action lawsuit has been filed against Facebook in response to recent changes to its privacy settings. "The lawsuit, filed in U.S. District Court for the Northern District of California, alleges that the modifications have in reality reduced privacy protections for Facebook users rather than increasing it, as the company had claimed it would," writes. (eSecurityPlanet)
Nissan dealership to Toyota owners: Don't make your next car payment Feb 18, 2010
Napleton had an alignment issue with their 2003 350Z (it was publicized all over the internet) yet Nissan refused to take responsibility until a class action suit was filed. The alignment problem caused premature tire wear and Napleton blamed the tire manufacturer instead. (The Palm Beach Post)
Work in Similar Cases Justifies Cut in Fee Request, 2nd Circuit Finds Feb 18, 2010
Attorneys who settled a class action lawsuit over impermissible strip-searching of county jail inmates were properly awarded a smaller counsel fee than they sought due to their prior experience in filing similar cases, a federal appeals court has ruled. In a decision issued Tuesday, a three-judge panel of the 2nd U.S. Circuit Court of Appeals held that Northern District Judge Gary L. Sharpe properly considered the settling of two earlier strip-search cases by plaintiffs counsel to discount their... (Law.com)
Toyota to fit new cars with brake safety system Feb 18, 2010
Accidents blamed on unintended acceleration have been linked to more than 30 deaths in the US, where the world's biggest car maker faces a host of class action lawsuits that could cost it billions of dollars. Toyoda said his company had never covered up safety problems, as Washington probes whether it was quick enough to recall vehicles with possible defects. (Sydney Morning Herald -- Business)
Schwarzenegger Wants To Expand $10K Home Tax Credit Feb 17, 2010
Reforming The Legal Climate For Californias Businesses To foster an atmosphere where businesses can thrive, the Governor will propose a series of changes to regulations governing class action law suits, products liability suits and seek to cap punitive damage awards ... The Governor will propose a set of statutory changes that will set forth clear guidelines for class action lawsuits improve Californias litigation climate by allowing defendants to appeal class action certifications and by... (KERO 23, CA)
Toyota to fit brake override system Feb 17, 2010
Accidents blamed on unintended acceleration have been linked to more than 30 deaths in the United States, where the world's biggest car maker faces a host of class action lawsuits that could cost it billions of dollars. Toyoda said his company had never covered up safety problems, as Washington probes whether it was quick enough to recall vehicles with possible defects. (Sydney Morning Herald -- World)
Noranda Income Fund Reports Fourth Quarter Net Earnings of $1.4 Million Feb 17, 2010
Data from the Purchasing Manager's Index ("PMI) survey for December 2009 suggested that manufacturing activity started in 2010 with momentum. The PMI Indices for all the major economies strengthened in December above the expansion index level of 50. The trend seen in the PMI indices has also been reflected in the Fund's sales. In recent months, customers have been restocking and supply chains are being replenished. The steel industry, which is the major consumer of zinc in the United States, has... (CCNMatthews Press Releases)
Swine flu bolsters CSL profit Feb 17, 2010
A risk investors have yet to factor into CSL's shares stems from an expanding class action brought by US hospitals, joined last week by the prestigious Mayo Clinic, against CSL and Baxter, alleging that they colluded to control plasma products prices. CSL has repeatedly said it believes there is no substance to the allegations, first made last year by the US Federal Trade Commission when it blocked CSL's $US3. (Sydney Morning Herald -- Business)
Montgomery law firm sues Toyota Feb 16, 2010
Toyota knew about these defects long before they issued a recall, yet they continued to market the vehicles as safe and reliable, said Dee Miles, head of Beasley Allen s consumer fraud and class action department. Toyota Motor Corp. (NYSE:TM) has been under scrutiny recently after initiating several recalls on millions of vehicles. (Birmingham Business Journal, AL)
