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JPMorgan Settles WorldCom Suit For $2 Billion
JPMorgan Chase & Co., the nation's second largest financial institution, agreed to a $2 billion settlement yesterday, becoming the last major bank to settle claims in a class action suit brought after the collapse of WorldCom Inc.Weiss, Milberg Co-Founder, Sentenced to 30 Months
A federal judge in Los Angeles sentenced Melvyn Weiss, the co-founding partner of Milberg, to 30 months in prison on Monday.$18.7M Price-Fixing Settlement Reached With Paint Maker
In a class action price-fixing suit against the top manufacturers of automotive refinishing paint, a federal judge in Pennsylvania has granted final approval of an $18.7 million settlement by a subsidiary of Dutch chemical giant Akzo Nobel NV. Litigation continues against four big-name defendants. U.S. District Judge R. Barclay Surrick has been assigned to handle all the antitrust suits filed in the wake of news that the Justice Department was probing the paint industry.$18.7 Million Price-Fixing Settlement OK'd
In a class-action price-fixing suit against the top manufacturers of automotive refinishing paint, a federal judge has granted final approval of an $18.7 million settlement by Akzo Nobel Car Refinishes, a subsidiary of Dutch chemical giant Akzo Nobel NV.2006 Lawyers on the Fast Track
Editor's Note: Following are the names of the Pennsylvania attorneys who have been selected as this year's Lawyers on the Fast Track. With the help of a panel of judges, American Lawyer Media-PA has selected from your nominations these individuals as the future leaders of the state's legal community.John Roberts: One of the Best Played It Close to the Vest
The lawyers in the Philadelphia community who know U.S. Supreme Court nominee John G. Roberts say he always seemed destined for big things.Huge Legal Fees at Stake in Battle Between NYC and NYS
In the latest volley in the battle between New York City and State to control the $3 billion McKesson HBOC Inc. securities fraud litigation, the city's pension system has attempted to disqualify the state pension system's major partner from becoming lead plaintiff. The state and city pension systems are among 12 groups of plaintiffs vying to become leaders of the McKesson class action.Some WorldCom Defendants Settle, Others Await Trial
The last two weeks have seen a flurry of activity as the parties in the securities class action litigation stemming from the collapse of WorldCom gear up for a trial next week.Trending Stories
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