By Anna Zhang | November 29, 2017
Four New York-based firms have accused RYB Education Inc. of making misleading statements to investors and of failing to implement measures at its kindergartens to protect children from abuse.
By Colby Hamilton | November 28, 2017
U.S. District Judge Sidney Stein, applying the U.S. Supreme Court's ANZ Securities ruling, removed a previously named plaintiff, while allowing certification against Citigroup investment decision-makers.
By Tony Mauro | November 28, 2017
The U.S. Supreme Court on Tuesday seemed to agree on one aspect of a 1998 statute aimed at reforming securities litigation: It's all gibberish. An exasperated Justice Samuel Alito Jr. used the word "gibberish" three times during arguments in Cyan v. Beaver County Employees Retirement Fund. The California case asks the high court to interpret the language of the Securities Litigation Uniform Standards Act regarding state jurisdiction over securities class actions.
The Legal Intelligencer | News
By Max Mitchell | November 27, 2017
A lead attorney in the NFL concussion settlement has been very critical of numerous third-party litigation funding companies that have loaned money to retired players involved in the class action, but it is his alleged failure to publicly disclose his history with another litigation funding company that has raised some eyebrows recently.
By Erin Mulvaney | November 27, 2017
The real estate company CBRE Inc.'s mandatory arbitration agreements violate federal labor law, according to an administrative law judge ruling that highlighted controversial employee restrictions that are at the center of a U.S. Supreme Court case this term.
By Katheryn Tucker | November 27, 2017
“It's becoming more OK to talk about it,” a Georgia prosecutor said, adding that predators have long isolated their targets with silence by threatening denial, shame and harm. “If we as a society can become—not comfortable—but willing to discuss these difficult topics, then that is the first step in getting them to stop.”
By Celia Ampel | November 27, 2017
The Florida Bar argues Gerson and co-counsel Steven Hunter should face a 30-day suspension for alleged conflicts of interest in a secondhand smoke case.
By Angela R. Matney, Hirschler Fleischer | November 27, 2017
In the wake of suits filed against Equifax by consumers, businesses and governmental units, courts have to grapple with the question of what remedies are appropriate.
By Josefa Velasquez | November 22, 2017
The state's Court of Appeals ruled that the Battery Park City Authority is a government entity and didn't have legal standing to challenge Jimmy Nolan's Law, a 2009 state law that gave workers who toiled in the aftermath of the terrorist attacks on the World Trade Center towers on 9/11, an extra year to file claims against the authority.
By Brenda Sapino Jeffreys | November 22, 2017
Houston property owners who suffered flood damage have brought "takings" claims against the government.
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