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Rounding Third and Headed for (New) Home: Texas Rangers CEO Switches BigLaw Firms
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Loss of Post-Firing Work Does Not Preclude Back Pay
There's a saying in golf that you drive for show and putt for dough. Similarly, in employment litigation, liability gets the headlines, but damages pays the bills. Law on mitigation of damages is limited in the 3rd Circuit. As such, a recent 1st Circuit decision, when read in conjunction with 3rd Circuit law, provides guidance on a plaintiff's obligation to mitigate damages and an employer's defenses where mitigation is at issue.Opinions Approved for Publication
State and federal court opinions approved for publication.Judge Halves Fees Sought in Bristol-Myers Securities Class Action
A federal judge has cut in half a request for attorney fees in a securities class action that resulted in a $300 million settlement. "[I]t is not thirty times more difficult to settle a thirty million dollar case as it is to settle a one million dollar case," Southern District of New York Judge Loretta A. Preska wrote, awarding $12 million to plaintiffs attorneys who sought $22 million in a suit against pharmaceutical giant Bristol-Myers over its $2 billion investment in biotechnology company ImClone.Trending Stories
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