Top News

Attorney: Lawsuit against CFPB's 'unfortunate' arbitration rule helps protect businesses

Jessica Karmasek Oct. 23, 2017, 2:25pm

Joe Rubin, who recently was named senior vice president of government relations and public affairs at Washington, D.C.-based public relations firm MWWPR and who previously served as senior counsel at Arnall Golden Gregory LLP, said the plaintiff groups’ arguments are “very strong.”

Lawsuit: CFPB’s anti-arbitration rule will mean ‘significant’ costs for businesses

Jessica Karmasek Oct. 17, 2017, 1:35pm

More than a dozen groups, including the U.S. Chamber of Commerce, American Financial Services Association and Financial Services Roundtable, filed a lawsuit Sept. 29 in the U.S. District Court for the Northern District of Texas, Dallas Division, against the Consumer Financial Protection Bureau’s new rule, finalized in July.

Labor attorney: DOL’s persuader rule would’ve meant ‘real consequences’ for employers

Jessica Karmasek Sep. 26, 2017, 8:15am

Cozen O’Connor PC attorney Jeremy Glenn, the current co-chair of the American Bar Association’s Federal Labor Standards Legislation committee, said he “wholeheartedly” agrees with the U.S. Department of Labor’s recent move to rescind its so-called “persuader rule.”

Certain GM vehicles alleged to have defect in air conditioning system that causes failure

Wadi Reformado Sep. 21, 2017, 9:30am

ABILENE, Texas (Legal Newsline) – Two consumers allege that they have paid out-of-pocket expenses to repair a defective air conditioning system in their GM vehicles.

DOL moves to rescind its persuader rule, citing ‘concerns’ raised by courts and need to review

Jessica Karmasek Aug. 17, 2017, 10:45am

The U.S. Department of Labor’s Office of Labor-Management Standards published its notice in June, explaining it intends to rescind the rule, first published by the DOL in March 2016. The rule, or Persuader Advice Exemption Rule, effectively eliminates the “advice exemption” under the Labor Management Reporting and Disclosure Act.

Fifth Circuit clarifies four-year statute of limitation rule for home equity loans

Charmaine Little Apr. 12, 2017, 9:49am

NEW ORLEANS (Legal Newsline) – A four-year statute of limitations was the key factor in a ruling by the U.S. Court of Appeals for the Fifth Circuit in an appeal concerning a home equity loan.

Texas federal judge upholds DOL’s fiduciary rule, denies motion to stay case

Jessica Karmasek Feb. 10, 2017, 4:17pm

Judge Barbara M.G. Lynn, in a detailed 81-page order released Wednesday, shot down each of the plaintiffs’ major arguments, most notably deciding that the rule does not exceed the U.S. Department of Labor’s authority.

Shareholder alleges ExxonMobil misstated finances, affected stock price

Robert Lawson Jan. 4, 2017, 9:31am

DALLAS (Legal Newsline) – A shareholder for ExxonMobil is suing the company, alleging its board members communicated misleading financial information about the company.

Stockholder accuses Exxon Mobil, board members of misleading public

Louie Torres Nov. 16, 2016, 9:25am

DALLAS (Legal Newsline) — A stockholder is suing Exxon Mobil and board members, alleging they made false and misleading statements about the company's financial condition. 

Texas attorney hit with unsolicited call from firm over IVC litigation files class action

Jessica Karmasek Sep. 6, 2016, 1:43pm

Plaintiff John R. MacLean filed his lawsuit against defendants Arentz Law Group and The Johnston Law Group in Texas federal court last week. He contends the firms are ignoring laws on soliciting clients.