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26 Aug 2008, 8:45 pm
In addition to marketing payments, OIG also determined that payments totaling $150,000 were made to Long Realty in connection with an operating agreement involving a First Magnus affiliate, FMLC LLC, an entity that was owned 50.1% by First Magnus and 49.9% by Home Services America, the parent company of Long Realty. [read post]
Magnus The Eleventh Circuit Court of Appeals recently ruled that “incentive” or “service” awards to lead plaintiffs in Rule 23 class actions are unlawful. [read post]