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Fourth Agreement Reached in Class Actions Over MBS Practices
Plaintiffs seeking compensation for losses on mortgage-backed securities have scored another settlement, but the $32.5 million deal with Deutsche Bank is the smallest one yet.Plaintiffs' firms unite on shareholder rights
A rare joint letter to the SEC from a group of defense law firms over shareholder proxy access received an even rarer response from nine of the country's largest plaintiffs' law firms, including New York-based Labaton Sucharow and Bernstein Litowitz Berger & Grossmann. Their letter supported the SEC's proposal to allow shareholders to nominate directors, exactly what the defense firms argued against the week before.BP Roundup: Bartlit Beck Hired by Spill Commission
A presidential panel probing the Gulf oil spill has hired Fred Bartlit, Jr., of top litigation boutique Bartlit Beck to lead the investigation into the disaster stemming from an April 20 explosion aboard the Deepwater Horizon drilling platform. Plus: a look at BP's U.S. GC John Lynch and state AG's lobbying for their lawyers to take the lead on civil suits.Judge Stalls Prius Headlight Settlement, Citing 'Big Problem' with Fees
U.S. District Judge Manuel Real, citing concerns about a request for attorney fees, has stalled a proposed class action settlement between Toyota Motor Corp. and nearly 300,000 owners and lessees of Prius hybrids who claimed that their headlights were defective because they intermittently shut off.Picture Looks Grim for BP Shareholder Claims
BP shareholders are attempting to salvage lawsuits alleging they lost stock value due to misleading and false statements made by current and former directors and officers before and after the 2010 Deepwater Horizon disaster.Plaintiffs would divide BP shareholder claims into 3 separate trials
Lawyers for shareholders suing BP PLC to recover losses tied to last year's Deepwater Horizon oil spill have proposed a timetable by which their cases would go to trial separately, according to court documents.Lawyers for BP are fighting that schedule, saying it fails to take into account the company's pending motions to dismiss the litigation.Tough sale for plaintiffs in Wal-Mart case
The massive gender discrimination class action against retail giant Wal-Mart ran into strong resistance at the Supreme Court on Tuesday, after surviving lower court challenges ever since it was launched 10 years ago.E-Book Settlement Between U.S. and Publishers Approved
U.S. District Judge Denise Cote signed off on a price-fixing settlement between the Justice Department and three e-book publishers over the objections of Apple, which has been accused of conspiring to fix e-book prices.E-Book Settlement Between U.S. and Publishers Approved
Judge Denise Cote signed off on the deal over the objections of Apple Inc., which has been accused by both the Justice Department and class action lawyers of conspiring with publishers to jack up e-book prices.Trending Stories
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