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Securities class action certified against Omnicom Group
A securities fraud suit against Omnicom Group, a marketing and corporate communications company that pursued a "method of expansion by acquisition" of smaller agencies, can proceed as a class action on behalf of potentially thousands of "persons and entities," a New York federal judge has ruled. Judge John F. Keenan also granted requests to appoint lead plaintiff New Orleans Employees' Retirement System as class representative and to appoint Bernstein Litowitz Berger & Grossmann as the class' lead counsel.Jones Day Snags 3 Private Equity Partners From Foley & Lardner
Jones Day has scooped up three private equity lawyers from Foley & Lardner's San Diego office. Kenneth Polin, known in legal circles as a rainmaker, and tax structuring specialist Peter Elias are joining Jones Day in San Diego as partners. Amie Singer Piccola, a partner at Foley, will relocate to Jones Day's Atlanta office as of counsel.View more book results for the query "*"
How Facebook Can Make or Break Your Case
The first thing attorney Eric B. Mayer does after receiving a copy of an employee-filed complaint -- before he reads it -- is check the plaintiff out on Facebook and other social networks. "Just imagine missing the Facebook post: 'I'll do whatever it takes to get back at my employer,'" remarks Mayer.Hey Neighbor, Can I Borrow a Basketball?
When Howard Tygrett pulled up his stakes in Dallas and moved to Kaufman County in 1997, he left behind more than just the place he'd lived most of his life. He also moved away from a famous neighbor in his former Preston Hollow neighborhood. "In Dallas, I lived next door to Mark Cuban. I wonder whatever happened to him?" Tygrett says in jest. Tygrett's move to Terrell turned out well. He bought a 1895 Queen Anne Victorian House there, practiced a little bit of law as a solo, and ran and won the 86th District Court bench in Kaufman in 2002.Contracts Trial Judge: Jurors Can Determine What Is a 'Trial'
The word trial is such an ambiguous term that its definition may be presented to a jury for interpretation, a Philadelphia Common Pleas Court judge has ruled.Class action acquires a Dutch accent
Wilmington, Del.'s Grant & Eisenhofer invoked a new and fairly untried Dutch statute to bring a class action against oil giant Shell on behalf of 50 European investors. The result was a settlement totalling upward of $500 million � as well as a new model for resolving future class actions in Europe.Trending Stories
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