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Judge's Power to Review $625M Tobacco Fee Award Challenged
Lawyers sparred Tuesday over whether Manhattan Supreme Court Justice Charles E. Ramos has the power to sua sponte examine the propriety of a $625 million arbitration award to six law firms that worked on New York state's case against the tobacco industry. A law professor representing out-of-state firms that worked for New York told an appellate court that Ramos is taking an unprecedented action that is causing great mischief.Tax Preparers Face Proposed Billion-Dollar Class Action Over E-Filing
A Philadelphia plaintiffs firm filed suit in federal court Monday in what it says is a billion-dollar class action against a group of income tax software companies for excessive fees charged for e-filing. The suit, Byers v. Intuit Inc., alleges that group members, such as H&R Block Inc. and Intuit Inc., illegally charged millions of U.S. taxpayers excessive e-filing fees.Judge Says Government 'Distorted the Truth-Finding Process' in Broadcom Case
U.S. District Court Judge Cormac Carney, who dismissed the entire criminal stock options backdating case against two former Broadcom Corp. executives Tuesday, concluded that the government's handling of the case "distorted the truth-finding process" and made a "mockery" of the defendants' due process rights. "For these constitutional rights to have true meaning, the government must not do anything to intimidate and improperly influence witnesses," Carney said. "Sadly, they did so in this case."U.S. Judge Continues But Trims Decree Regulating Polling Activity Nationwide
A federal judge on Tuesday declined to dissolve a consent decree that has set limits on polling activities around the country for nearly 30 years but he did make some modifications.Xerox's 'Belated' Benefit Notice Violates ERISA
The tardy disclosure by Xerox Corp. that it was reducing the benefits of over 100 employees who left the company but were subsequently rehired, has been called a violation of the Employment Retirement Income Security Act by the 2nd U.S. Circuit Court of Appeals. The court found Xerox implemented a "phantom account" offset, through which the hypothetical growth of an employee's previous lump sum retirement benefits payment was factored into his current benefits calculation, without proper notice.$1.3 Billion Tobacco Attorney Fee Overturned
A nearly $1.3 billion attorney fee award -- the largest issued out of the 1998 national settlement of state litigation against the tobacco industry -- was overturned Wednesday by a Manhattan Supreme Court justice. He ruled that the arbitrators' award to lawyers who handled a private attorney general's action in California should have been restricted to work performed "in connection with" the California litigation.Trending Stories
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