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St. Peter's Hospital Accused of Underfunding Its Pension Plan
A putative class action alleges that St. Peter's Healthcare System of New Brunswick improperly claims a religious exemption that has resulted in its pension plan being $70 million short.Judge green-lights investor claims against BP
A federal judge has signed off on a large portion of a class action brought on behalf of certain investors in BP PLC shares who sued the company and its senior executives for alleged securities fraud related to the Deepwater Horizon oil spill.Federal Judge Gives Green Light to Investor Claims Against BP
A federal judge has signed off on a large portion of a class action brought on behalf of certain investors in BP PLC shares who sued the company and its senior executives for alleged securities fraud related to the Deepwater Horizon oil spill.Plaintiffs in Wal-Mart case confused by first hearing since high court decision
For the first time since the Supreme Court dismantled the Wal-Mart employment discrimination class, plaintiff and defense attorneys appeared in court today ready to argue about how the case should now proceed.But Judge Charles Breyer wasn't interested in diving into the divisive issues, which include the size of any new class and where new suits should be filed.Glasscock Dismisses Corporate Waste Lawsuit Against BlackRock
The Delaware Court of Chancery has dismissed a shareholder lawsuit against the directors of BlackRock Inc., ruling that the plaintiff's claims were derivative in nature and unable to support her allegations that the investment company's board wasted corporate assets when it agreed to repurchase preferred shares in a sponsored fund when those shares became illiquid during the 2008 financial crisis.The Second Circuit halted a winning streak for Simpson Thacher and Orrick in a mortgage-backed securities class action against banks that underwrote and sold billions in securities backed by NovaStar loans.
Justice Department Leaves Money Damages to Class Action Lawyers in Apple Complaints
New complaint accuses BP of false statements about safety commitments
With all the recent strum and drang in the New Orleans multidistrict tort litigation over the Deepwater Horizon Gulf oil spill, it's been more than six weeks since we've checked in on the other big BP litigation: the Houston MDL, in which Houston federal district court judge Keith Ellison is overseeing seven consolidated class actions involving securities, derivative, and ERISA claims stemming from the spill.Trending Stories
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