February 08, 2010 | National Law Journal
Plaintiffs' firms mount mass attack on ToyotaA contingent of small firms with expertise in class actions and products liability litigation are behind a legal onslaught against Toyota Motor Sales USA Inc. following reports of sudden acceleration in many of its most popular vehicle models.
By Amanda Bronstad
10 minute read
February 25, 2011 | Law.com
Judge approves $601.5 million settlement with CountrywideA federal judge in Los Angeles has approved a $601.5 million class action settlement between Countrywide Financial Corp. and its shareholders — the largest securities agreement to come out of the housing crisis.
By Amanda Bronstad
5 minute read
July 14, 2010 | Law.com
Constitutional Challenge to 'Don't Ask, Don't Tell' Reaches TrialThe Don't Ask, Don't Tell policy excludes open homosexuals from serving in the U.S. military "solely on the basis of status and conduct that is constitutionally protected," a lawyer for a gay Republican group argued before a crowded courtroom as trial opened Tuesday in a case that seeks to bar enforcement of the law. The federal bench trial in California began as debate continued in Washington over legislation to repeal the ban. The case represents the only formal constitutional challenge to the statute.
By Amanda Bronstad
5 minute read
September 10, 2008 | Law.com
Apple to Settle Backdating Case for $14 MillionApple Inc. and several of its officers and directors, including chief executive Steve Jobs, have agreed to settle a stock options backdating case for $14 million. According to court filings, Apple also agreed to pay $7.3 million in attorney fees and $300,000 to plaintiffs in the federal actions, as well as $1.2 million in attorney fees and $50,000 in expenses to plaintiffs in the state cases. The company also agreed to certain corporate governance changes.
By Amanda Bronstad
3 minute read
September 02, 2009 | Law.com
9th Circuit Invites Additional Briefing on Former Broadcom Exec's Privilege ClaimThe 9th Circuit on Tuesday invited outside parties to weigh in regarding whether William Ruehle, the former chief financial officer of Broadcom Corp., should have assumed that statements he made to company lawyers during an internal investigation into stock options backdating were protected by the attorney-client privilege. During oral arguments, a three-judge panel concluded that the issue was important enough to warrant additional input from parties including the American Bar Association.
By Amanda Bronstad
4 minute read
December 16, 2010 | New York Law Journal
Hollywood Squares Off Against the Internet in the Second CircuitA long-simmering copyright dispute between Viacom and YouTube has hit the Second Circuit, and the outcome could set a national precedent regarding the scope of potential liability for nearly every business on the Internet that posts infringing content.
By Amanda Bronstad | The National Law Journal
9 minute read
October 14, 2009 | Law.com
Another Madoff-Related Suit Withdrawn as Focus Shifts to Partnership ClaimsHollywood screenwriter Eric Roth has voluntarily dismissed his lawsuit against Stanley Chais, the Beverly Hills investment manager who is accused of handing over millions of dollars in client funds to Bernard Madoff. Roth, whose credits include "Forrest Gump," sued Chais in December, alleging that he suffered "massive losses" in Madoff's $65 billion Ponzi scheme. In his suit, Roth said that Chais charged "enormous fees" for investing his clients' funds, which he promptly handed over to Madoff.
By Amanda Bronstad
3 minute read
August 15, 2007 | Law.com
Ogletree Opens Two Midwest OfficesOgletree, Deakins, Nash, Smoak & Stewart has opened an office in St. Louis, making it the first national labor and employment law firm to locate in that city, according to managing shareholder Gray Geddie. "St. Louis is a large corporate headquarters city. We hope to take advantage of that," Geddie said. Ogletree also plans to open an office in the Detroit area on Sept. 1. That would be the firm's seventh new office this year alone, making a total of 32 U.S. offices.
By Amanda Bronstad
2 minute read
August 02, 2007 | The Recorder
Lawyer Resolves Dispute in KPMG CaseAn Irvine lawyer and his former firm will turn over documents related to the investigation of accounting giant KPMG, which was accused of selling illegal tax shelters.
By Amanda Bronstad
4 minute read
September 13, 2011 | Corporate Counsel
A Timely Warning to Employees About Social MediaOfficeLeaks, an online employee chat room that models itself on the traditional water cooler, was launched in April. The site promised it has taken steps to protect users' anonymity, but it could become a tool for employers in legal disputes with their employees.
By Amanda Bronstad
6 minute read
Trending Stories