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In re Schering-Plough Corporation ERISA Litigation
ERISA § 410(a) does not render a release and covenant not to sue signed by an individual claiming breach of a fiduciary duty void as against public policy.Cellulose Antitrust Classes Certified
A federal judge has certified three separate classes of purchasers to pursue antitrust claims against two of the world's top manufacturers of microcrystalline cellulose, or MCC, a binding agent used in pills and vitamins, and also used as a food additive.Cellulose Antitrust Classes Certified
A federal judge in Pennsylvania has certified three separate classes of purchasers to pursue antitrust claims against two of the world's top manufacturers of microcrystalline cellulose. The judge applied the "Bogosian short-cut," in which the court presumes that all buyers of that product have suffered an antitrust injury where the anti-competitive behavior artificially raised the price of a product.City`s Gun Suit Is Off Target, Court Says
The City of Philadelphia cannot sue the gun industry for negligently distributing its products in a way that creates a public nuisance because gun manufacturers are under no legal duty to protect citizens from the deliberate and unlawful use of their products, a federal appeals court ruled on Friday.Circuit Weighs In on Class Certification in MBS Market Cases
The Second Circuit made it clear on April 30 that issuers and underwriters of mortgage-based securities can successfully oppose class certification by arguing that some investors knew what they were getting into when they purchased their securities, and that the question of investor knowledge is therefore too individualized for class treatment.
Philips/Magnavox Settles Class Action Over Malfunctioning TVs for $4 Million
A $4 million class action settlement that resolves consumer fraud claims against Philips/Magnavox over overheating plasma and liquid crystal display flat-screen TVs wins final court approval.'Ample Allegations' Allow Suit to Proceed Over eBook Pricing
A federal judge on May 15 refused to dismiss a consumers' class-action lawsuit action that claims Apple conspired with Simon & Schuster Inc., Hachette Book Group, Penguin Group USA, Macmillan, and HarperCollins to break Amazon's dominance in the eBook market and engineer a wholesale increase in eBook prices.Philadelphia's Gun Suit Off Target, 3rd Circuit Says
Philadelphia cannot sue the gun industry for negligently distributing its products in a way that creates a public nuisance because "gun manufacturers are under no legal duty to protect citizens from the deliberate and unlawful use of their products," the 3rd U.S. Circuit Court of Appeals ruled Friday. The court said the city couldn't show that the gun manufacturers were the "proximate cause" of the harm suffered by the city.Justices Will Review Climate Change, Wal-Mart Discrimination Suit
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