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National Law Journal

Chamber Seizes on Junk-Fax Suit Against Trial Attorneys

The American Association for Justice has a problem that the U.S. Chamber of Commerce is trying to fix.
5 minute read

Litigation Daily

S&P Deal Shouldn't End Scrutiny of Rating Agencies

Evidence cited in a recent SEC report suggests that conflicts of interest at the rating agencies continue. So why won't the SEC name the offenders?
3 minute read

Connecticut Law Tribune

Conn. Trumpets Role in $1.38 Billion Securities Rating Settlement

In 2010, during the depths of the financial crisis, then-Connecticut Attorney General Richard Blumenthal filed a lawsuit against securities- and bond-rating company Standard & Poor's, accusing it of inflating ratings of risky, mortgage-backed investments whose collapse helped trigger the Wall Street meltdown.
5 minute read

National Law Journal

S&P Pays Largest Penalty Ever Against a Rating Agency

Standard & Poor's Rating Services on Tuesday agreed to pay $1.5 billion to settle charges that it cheated investors by issuing inflated ratings that misrepresented the true credit risks of securities.
3 minute read

The Legal Intelligencer

Carrington v. F.D. Builders Inc., PICS Case No. 15-0134 (C.P. Chester Oct. 21, 2014) Tunnell, J. (6 pages).

By | February 03, 2015
In this action between a home builder and the second owner, defendants' lack of privity objection was a mere legal conclusion and failed to justify dismissal of the complaint, while their objection to the "fraud" claim failed to make clear to what claim of misrepresentation it referred. Preliminary objections dismissed in part and sustained in part.
4 minute read

National Law Journal

FTC Report On Privacy Scrutinized

With future legal battles over security and privacy all but certain, lawyers say the Federal Trade Commission's new report on the "Internet of Things" provides helpful guidelines, but few hard and fast answers.
5 minute read

New Jersey Law Journal

NJ Bills Would Regulate Selling and Renting Recalled Cars

A pair of bills that would place restrictions on the sale and rental of recalled vehicles was approved by the New Jersey Assembly on Jan. 29.
6 minute read

National Law Journal

POM Wonderful Loses Appeal Over FTC's Deceptive-Ad Claims

POM Wonderful LLC made deceptive ads touting the health benefits of pomegranate juice, the U.S. Court of Appeals for the D.C. Circuit ruled on Friday, siding with federal regulators. However, the court ruled one clinical trial, not two, would offer enough proof for POM to back up its health claims.
4 minute read

The Recorder

MacQuiddy v. Mercedes-Benz USA, LLC.

By | January 29, 2015
5 minute read

The Recorder

Zipcar Can't Dodge Late-Fee Suit

Denying a motion to dismiss, U.S. District Judge Thelton Henderson said fees of $50 to $150 may be disproportionate to costs incurred by the company.
2 minute read

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