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Daily Decision Service Alert: Vol. 16, No. 72 - April 14, 2008
Proposed Spray-Foam Multistate Class Action Proceeds
A number of the claims brought by a couple in a proposed class-action suit against a spray-foam insulation manufacturer and installer have survived a motion to dismiss in Philadelphia's federal court.No Private Right to Sue Under SOX; Only SEC May Enforce, Judge Says
A federal judge has ruled that Section 304 of Sarbanes-Oxley Act - a key provision of the 2002 law that calls for disgorgement of profits and bonuses from top corporate executives in the wake of an alleged accounting scandal - does not provide a private right of action for shareholders to file a derivative suit.View more book results for the query "*"
DOJ: Nearly 500 arrests in mortgage fraud probe
The Justice Department on Thursday announced a major crackdown on mortgage fraud, disclosing that investigators have made nearly 500 arrests since March in a probe called Operation Stolen Dreams.N.J. High Court Rules in Favor of In-House Attorney Whistleblower
The New Jersey Supreme Court on Tuesday ordered a new trial for a former PaineWebber in-house attorney who claimed she was fired for complaining to supervisors about allegedly unethical conflicts of interest in the legal department. Justice Helen Hoens said the lower courts wrongly interpreted precedential rulings in concluding that mere voicing of complaints about corporate behavior within the corporation is not sufficient to uphold a retaliatory discharge claim.NEWSMAKER OF THE YEAR: Stephen B. Bright - Angry Man of Indigent Defense
Amato v. NYC Dept. of Parks & Recreation
Subcontractor Denied Reargument as Court Did not Overlook, Misapprehend Facts or LawTrending Stories
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