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6 Dec 2011, 3:27 am
As I noted at the time of the $627 million settlement with the Wachovia bondholders, Wachovia’s purchase of Golden West has to be one of the leading candidates for the title of worst deal leading into or as part of the credit crisis-related financial transactions. [read post]
5 Dec 2011, 6:35 am
We are back from our brief vacation with the leading legal headlines from Wise Law on Twitter for Monday, December 5, 2011: Nominations Open for 6th Annual Canadian Law Blog Awards http://bit.ly/rKKMf9 Federal judge denies injunction request by Apple in Samsung patent case http://bit.ly/t7mo2H Five new provincial court judges for Ontario http://bit.ly/sjhXYg Law Society names new CEO http://bit.ly/c9aeVD Vote for Your Favorites in the 5th Annual ABA Journal Blawg… [read post]
5 Dec 2011, 12:29 am
The stipulation of settlement states that the lead plaintiffs may seek an award from the fund of up to 33.33% of the amount of the fund, plus expenses of $1.875 million. [read post]
2 Dec 2011, 12:49 pm
A finding in favor of the plaintiff in Cooper could significantly bolster the arguments of plaintiffs in these class action suits. [read post]
2 Dec 2011, 11:00 am
Both cases were therefore about conspiracy, and both plaintiff classes alleged very similar circumstantial proof of it. [read post]
2 Dec 2011, 10:17 am
Following distribution of approximately $2.6 billion from the settlement fund in the class action brought on behalf of millions of merchants against the two networks, approximately $1.5 million to $1.6 million was remaining in the fund.The lead counsel for the plaintiffs had initially asked the court that the entire remainder be donated to the American Antitrust Institute—a non-profit organization dedicated to education, research, and advocacy concerning antitrust… [read post]
1 Dec 2011, 12:18 pm
Many years working on numerous projects with Canada's leading authority on Internet law. [read post]
30 Nov 2011, 5:00 am
It seems likely this decision will now become one of the leading appellate decisions nationwide on this issue. [read post]
29 Nov 2011, 7:32 am
Lead plaintiffs’ counsel, Bryan Cave’s Daniel Schwartz, declined to comment on Pressley’s withdrawal but did say that the change in counsel would not affect their attempt to subpoena her. [read post]
29 Nov 2011, 7:03 am
The Supreme Court held that there was no significant proof of any specific employment practice leading to a disparate impact. [read post]
29 Nov 2011, 5:52 am
That's because securities cases are more likely to have sophisticated lead plaintiffs, and better distribution of settlement funds to class members. [read post]
29 Nov 2011, 1:20 am
The Truth About Hedy Lamarr It seems the entire internet recently discovered the Hedy Lamarr patent story. [read post]
28 Nov 2011, 2:57 pm
Plaintiffs' other co-lead attorney, Ronald T. [read post]
28 Nov 2011, 9:41 am
In these two earlier British Columbia decisions, the Court of Appeal set aside the plaintiffs’ earlier certification decisions largely based on the risk that allowing indirect purchaser plaintiffs to proceed may lead to double recovery. [read post]
28 Nov 2011, 4:57 am
State Courts Erred in Denying Defense Motion to Compel Arbitration Under FAA (Federal Arbitration Act) because They Failed to Consider Whether Any Claims were Subject to Arbitration Plaintiffs filed a putative class action in Florida state court against various defendants, including KPMG LLP, for damages suffered as a result of investments made with Bernard Madoff; the class action named the investment funds, the entity that managed the funds, and KPMG as auditor. [read post]
28 Nov 2011, 3:30 am
The plaintiffs argued that the attorney’s fees should be apportioned among the more than 100 class members, and not just the named plaintiffs, which would bring both the named plaintiffs’ claims well below the jurisdictional minimum. [read post]
28 Nov 2011, 3:30 am
The plaintiffs argued that the attorney’s fees should be apportioned among the more than 100 class members, and not just the named plaintiffs, which would bring both the named plaintiffs’ claims well below the jurisdictional minimum. [read post]
22 Nov 2011, 12:45 pm
Aaron Podhurst of Podhurst Orseck, co-lead counsel for the plaintiffs, said, “We’re very pleased that the court agreed with us and thought the settlement was fair and adequate and reasonable, and that he recognized the hard work that the lawyers had done. [read post]
22 Nov 2011, 9:24 am
Current consumer class action decisions closely resemble the case law leading to Basic v. [read post]
22 Nov 2011, 6:09 am
Thomas mentions a couple of developments leading to this trend: the rise in arbitration and the summary judgment emphasis in federal courts. [read post]
