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Court of Appeals Upholds Verdict, $454M Damages in Six Flags Suit
A Georgia Court of Appeals panel affirmed the state's largest-ever jury verdict -- a $454 million blow against Time Warner, -- and did so resoundingly. The panel repeatedly found a jury had ample evidence to support its award of $197 million in compensatory damages and $257 in punitive damages to investor-owners of the Six Flags Over Georgia theme park.Manhattan federal judge Kevin Castel dismissed claims relating to BofA's decision to keep mum about mounting Merrill losses, but he said investors had adequately established scienter with regard to BofA's failure to disclose a multibillion dollar Merrill bonus pool.
Discharge for Poor Performance Not Age Bias, Rules 2nd Circuit
The 2nd U.S. Circuit Court of Appeals rejected a 53-year-old employee's claim that his age bias suit should have been sent to a jury. The court found that the employee had not established the second element of a prima facie claim and concluded that his late reports, failure to lead, and inability to bring in new business were legitimate business reasons for his probation and termination.Rich take from poor as U.S. subsidy law funds luxury hotels
The landmark Blackstone Hotel in downtown Chicago, which has hosted 12 U.S. presidents, opened in 2008 after a two-year, $116 million renovation. Inside the Beaux Arts structure, built in 1910, buffed marble staircases greet guests spending up to $699 a night for rooms with views of Lake Michigan.View more book results for the query "*"
'The Apprentice' Reject Sues Donald Trump, Claims Age Discrimination
Richard J. Hewett never heard "You're fired!" -- but he's suing Donald Trump anyway. The rejected applicant for "The Apprentice" is suing Trump, claiming he was turned away because of age discrimination. Hewett was 49 when he was rejected in July 2005, and claims in his lawsuit filed last week in U.S. District Court that only two of the finalists covering six seasons have been over 40. He alleges Trump and the show's producers are in violation of the federal Age Discrimination in Employment Act.Swimming Pool Makers, Sellers Are Not Protected by Statute of Repose
Swimming pool makers and distributors are not protected by a New Jersey statute that generally requires suits against building contractors to be lodged within 10 years, the state Supreme Court rules.Audit of Employee's Pager Messages Ruled Reasonable Search
In its first ruling on the privacy of workplace texting, the U.S. Supreme Court yesterday said that a city audit of an employee's messages on a city-owned pager was a reasonable search under the Fourth AmendmentTrending Stories
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