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September 29, 2006 | Corporate Counsel

Something for Everyone in $25M Verdict Against Leaf Tobacco Merchant

There was a little something for both plaintiffs and defense attorneys in a $25 million jury award Tuesday against Universal Corp., one of the world's largest leaf tobacco merchants. The plaintiffs' side touted the verdict as the largest ever issued by a Madera County, Calif., jury. The defense noted the relatively low compensatory damages, totaling just $200,000. The suit accused Universal of retaliating against employees for tipping off police and insurance investigators about suspected fraud.
3 minute read
September 11, 2009 | Corporate Counsel

Yahoo Investors Take Stock After GC Sells $2 Million in Shares

Stock sales totaling more than $232 million by general counsel Michael Callahan and other top executives concern investors as the search engine struggles to compete against rivals Google and Microsoft.
3 minute read
June 20, 2013 | Corporate Counsel

How to Win a Negotiation

The key to getting your opponent to do something that is in your best interest is persuading your opponent that accepting your proposition is in their best interest. This is true no matter what you are negotiating.
6 minute read
August 27, 2009 | Corporate Counsel

Role of the Event Study in Loss Causation Analysis

Lawyers and courts increasingly focused on proper methodology for determining whether investor losses are caused by fraud
5 minute read
October 01, 2012 | Corporate Counsel

Bank of America Settles Securities Class Action Over Merrill Lynch Acquisition for $2.4 Billion

Bank of America Corp. has agreed to pay $2.43 billion to settle alleged federal securities law violations in Bank of America's acquisition of Merril Lynch & Co. Inc. in 2009.
6 minute read
June 06, 2013 | Corporate Counsel

Monsanto Sued Over Genetically Modified Wheat

A Kansas wheat farmer has sued Monsanto Co. alleging gross negligence after the U.S. Department of Agriculture confirmed that the company's genetically modified wheat had escaped containment and been found growing in a field in Oregon.
5 minute read
April 19, 2010 | Corporate Counsel

Federal Judge Certifies Class Action ERISA Suit Against Comcast

A federal judge has certified a class action ERISA suit against Comcast in which employees of the cable TV giant claim they suffered losses in the company stock fund because it was heavily invested in Comcast stock during a period when its price was falsely and knowingly inflated by company executives. Nearly identical accusations were lodged in an unsuccessful securities fraud suit by outside investors. Now, the judge from that case has ruled that similar claims by employees are subject to a less exacting standard.
4 minute read
December 16, 2010 | Corporate Counsel

Lessons Learned From WikiLeaks: How to Avoid Becoming the Next Target

Every in-house lawyer is now familiar with (and somewhat terrified of) WikiLeaks. Here are ways they can keep the bull's-eye off their company's back ...• ALSO SEE: Pfizer CEO Out, Now WikiLeaks Chiming In • WikiLeaks Cyberbrawl: Is This Amateur Hour? • Visit Corporate Counsel's WikiLeaks Center
9 minute read
October 09, 2012 | Corporate Counsel

Cyberattack Case Could Test Limits on Electronic Searches

The high-profile prosecution of 14 people accused in a cyberattack on PayPal has ground to a standstill over the handling of computers seized in the investigation. The question of how to segregate and purge extraneous material could derail the case and test the limits judges place on electronic searches.
9 minute read
December 15, 2005 | Corporate Counsel

D.C. Lawyers Hesitant to Cross IP Community in Ink Case

When Independent Ink President Barry Brucker went looking for a Supreme Court specialist in D.C. to represent his company in a high-stakes intellectual property and antitrust case, he was stunned by how hard it was to find one willing to take on his case and go up against an IP community solidly arrayed against him. In "a broken record of paranoia," lawyer after lawyer told him that opposing the patent holders' position "would not be looked on favorably by my client base," Brucker quotes them as saying.
4 minute read