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Legal ethics issues affecting funding of class actions, how funding affects ability to bring class actions and implications for settlement values
By Colleen Murphy | February 9, 2024
"Plaintiffs have not sufficiently shown they failed to receive the benefit of the bargain as they have not alleged that they had 'a reasonable belief about the product induced by a misrepresentation'—and in fact they have asserted the opposite, that their ascertainable loss theory is not based on misrepresentation—or that they were misled into buying insulin that was worth less than was promised," Judge Brian R. Martinotti said.
7 minute read
By Chris O'Malley | February 9, 2024
Six former Bank of America loan officers says the financial institution "systemically" misclassified loan officers as exempt from overtime.
3 minute read
By Amanda O'Brien | February 8, 2024
The suit says that income partners and counsel were forced to defer a portion of their annual compensation into the firm's pension plan, despite the pension plan itself not requiring such a contribution, and that money was ultimately commingled with firm operating funds.
4 minute read
By Amanda Bronstad | February 8, 2024
Gibson, Dunn & Crutcher, Kirkland & Ellis and other Big Law firms have appeared in court for shale oil producers accused of conspiring to fix gas prices since early 2021.
5 minute read
By Colleen Murphy | February 8, 2024
This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
4 minute read
By Amanda Bronstad | February 7, 2024
6 minute read
By Stephen J. Finley, Jr. and Cecilia Y. Carreras | February 5, 2024
In Oberdorf v. Amazon.com, the plaintiff filed suit against Amazon alleging the product she purchased from a third-party vendor was defective. Although the U.S. District Court for the Middle District of Pennsylvania held Amazon was not a "product seller" within the meaning of Section 402A, the U.S. Court of Appeals for the Third Circuit disagreed, finding that Amazon qualified as a product seller, thus expanding the scope of strict products liability to include online sales platforms.
7 minute read
By Molly E. Flynn, Rebecca L. Trela and Chanda A. Miller | February 2, 2024
Numerous practitioners, academics and parties have already submitted written comments that raise significant concerns about the potential implications of the proposed rule.
7 minute read
By ALM Staff | February 1, 2024
Retired U.S. District Judge Shira Scheindlin was in attendance at a Jan. 30 event hosted by the City University of New York School of Law to mark the 10-year anniversary of her ruling in Floyd v. City of New York.
2 minute read
By Ross Todd | February 1, 2024
Jerry Silk of Bernstein Litowitz and Scott Musoff of Skadden weigh in on what's going on behind the numbers in the latest Cornerstone Research annual report on securities class actions.
5 minute read
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Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS