The Washington Legal Foundation is among those calling on the U.S. Court of Appeals for the Third Circuit to overturn a Pennsylvania federal court’s decision that, they argue, would undermine class-wide settlements by permitting plaintiff states to file copycat lawsuits despite benefiting from a settlement.
Judge Consuelo B. Marshall for the U.S. District Court for the Central District of California issued a one-page order last week, asking Simon Greenstone Panatier Bartlett PC to show cause why its case against John Crane Inc. over the company’s allegations of racketeering shouldn’t be dismissed for failure to prosecute.
BOSTON (Legal Newsline) - As trial lawyers seek a Democratic majority in the U.S. Senate, as well as a Democratic president, a major asbestos firm in Massachusetts is catching flak for doling out bonuses to its attorneys that match their contributions to various political campaigns -- mostly Democratic.
The original dispute involved allegations of consumer fraud over gym membership contracts with fitness club company Global Fitness Holdings LLC. In particular, plaintiffs alleged that between 2006 and 2012, the company sold memberships and incorrectly charged fees pertaining to cancellation, facility maintenance and personal-training contracts.
Under the settlement, the German automaker is required to spend up to $10 billion on vehicle buybacks and owner compensation. It also must pay $2.7 billion into a trust to support environmental programs and reduce emissions, and spend an additional $2 billion on investments and promotion of zero emissions vehicles.
New to the U.S., litigation funding company commits more than $1.5 million to class action against Chevron
According to a copy of the litigation funding agreement, Therium Litigation Funding IC currently has $1.7 million invested in the class action lawsuit against the oil giant. Judge Susan Illston of the U.S. District Court for the Northern District of California granted Chevron Corp.’s motion in August, requiring the agreement be released.
The plaintiffs in the proposed class action, originally filed in a Massachusetts federal court in April, argue they purchased Alere Inc. common stock and suffered damages as a result of the company’s alleged federal securities law violations and false and/or misleading statements and/or material omissions amid a failed merger with Abbott Laboratories Inc.
In August, Judge Susan Illston of the U.S. District Court for the Northern District of California granted Chevron Corp.’s motion requiring plaintiff Natta Iyela Gbarabe to produce his funding agreement. The plaintiff filed a proposed class action against the oil giant over a January 2012 gas explosion off the coast of Nigeria.
Minneapolis-based Thrivent Financial for Lutherans argues the new rule, which, among other things, redefines the term fiduciaries, would subject it to penalties under federal law and would force it to agree contractually with its customers that they could participate in class actions against the organization.