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Former Goldman Manager Must Arbitrate Gender Bias Claim, Circuit Determines
In a decision with major implications for employment discrimination defendants, the U.S. Court of the Appeals for the Second Circuit ruled yesterday that Lisa Parisi, a former managing director at Goldman Sachs, who is one of three named plaintiffs suing the investment bank for gender discrimination, must arbitrate her claims as required by a clause in her employment contract.
Justices Hand Wal-Mart Big Win in Women's Class Action Battle
Regulator Reveals Litigation Costs for Ex-Fannie Mae Execs
Recent disclosures from the Federal Housing Finance Agency reveal that lawyers representing former Fannie Mae executives Franklin Raines, J. Timothy Howard and Leanne Spencer have received a total of $6.3 million for defending the trio in shareholder suits since Fannie Mae was placed into a conservatorship last year. A close look at court documents indicates that Williams & Connolly, Zuckerman Spaeder and Mayer Brown are the firms representing the three executives.
Justices Hand Wal-Mart Big Win in Class Action Battle
The U.S. Supreme Court on Monday handed a sweeping victory to Wal-Mart, the nation's largest employer, in the company's decadelong effort to thwart a discrimination class action filed on behalf of more than 1 million female current and former workers. The ruling is likely to hobble other large employment class actions as well. Justice Antonin Scalia, writing for a 5-4 majority, said the plaintiffs failed to provide proof of a common companywide policy of discrimination.
Regulator Reveals Defense Fees for Former Fannie Mae Execs
Recent disclosures from the Federal Housing Finance Agency reveal that lawyers representing former Fannie Mae executives Franklin Raines, J. Timothy Howard and Leanne Spencer have received a total of $6.3 million for defending the trio in shareholder suits since Fannie Mae was placed into a conservatorship last year.
Justices Hand Wal-Mart Big Win in Class Action
The U.S. Supreme Court on Monday handed a sweeping victory to Wal-Mart, the nation's largest employer, in the company's decadelong effort to thwart a discrimination class action filed on behalf of more than one million female current and former workers. The ruling is likely to hobble other large employment class actions as well.Ex-Heller Trio Cuts Fee Deal with Estate
With $9 million in fees at stake for a courtroom victory, three former Heller partners reach an agreement with the firm's estate, which has yet to work things out with most other ex-partners.Trending Stories
- 1How Some Elite Law Firms Are Growing Equity Partner Ranks Faster Than Others
- 2Fried Frank Partner Leaves for Paul Hastings to Start Tech Transactions Practice
- 3Stradley Ronon Welcomes Insurance Team From Mintz
- 4Weil Adds Acting Director of SEC Enforcement, Continuing Government Hiring Streak
- 5Monday Newspaper
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