News from September 2012

Supreme Court agrees to review class action case involving issues of federal jurisdiction

By Michelle Keahey | Sep 4, 2012

U.S. Supreme Court WASHINGTON (Legal Newsline) - The U.S. Supreme Court has granted a writ of certiorari to an insurance company seeking clarification of federal jurisdiction involving class action litigation.

Default judgment of $17M entered against Texas man

By Michael P. Tremoglie | Sep 4, 2012

AUSTIN, Texas (Legal Newsline) - A federal court in Texas on Aug. 24 ordered a default judgment of nearly $17 million against an alleged Texas commodity pool trader.

Offshore investment adviser accused of fraud

By Michael P. Tremoglie | Sep 4, 2012

ATLANTA (Legal Newsline) - The Securities and Exchange Commission has accused an offshore investment adviser of fraud.

Former UBS execs convicted of wire fraud

By Michael P. Tremoglie | Sep 4, 2012

NEW YORK (Legal Newsline) - A New York federal jury convicted three former UBS financial services executives on Friday for their alleged parts in frauds related to bidding for municipal finance contracts.

11th Circuit rejects class action against T-Mobile

By Michael P. Tremoglie | Sep 4, 2012

ATLANTA (Legal Newsline) - The U.S. Court of Appeals for the 11th Circuit has upheld a federal district court's rejection of a class action request in a case against T-Mobile.

Calif. lawmakers pass ADA lawsuit abuse measure

By Jessica M. Karmasek | Sep 4, 2012

Steinberg SACRAMENTO, Calif. (Legal Newsline) - A bill aimed at helping California businesses comply with Americans with Disabilities Act requirements, without facing the ever-growing threat of frivolous lawsuits, has cleared the state Legislature.

Amicus brief in Kiobel argues that 'extraterritorial' application of the ATS turns intent on its head

By Michael P. Tremoglie | Sep 4, 2012

Clement WASHINGTON (Legal Newsline) - Allowing extraterritorial claims in U.S. courts could turn the Alien Tort Statute (ATS) "on its head."

Report: N.Y. AG investigating Romney's Bain Capital

By Jessica M. Karmasek | Sep 4, 2012

Schneiderman NEW YORK (Legal Newsline) - New York Attorney General Eric Schneiderman has reportedly subpoenaed more than a dozen firms, asking for documents that would show details about their tax strategies.

Locksmith settles with AG Koster

By Bryan Cohen | Sep 4, 2012

Koster JEFFERSON CITY, Mo. (Legal Newsline) - Missouri Attorney General Chris Koster announced a settlement on Tuesday with a Kansas City locksmith and its general manager resolving allegations that the company advertised lower prices than it actually charged.

Mass. AG settles with town over water emergency

By Bryan Cohen | Sep 4, 2012

Coakley BOSTON (Legal Newsline) - Massachusetts Attorney General Martha Coakley announced a consent judgment on Friday with the town of Falmouth resolving allegations that the town inadequately responded to a public water emergency.

Md. home builder must pay $837K

By Bryan Cohen | Sep 4, 2012

Gansler BALTIMORE (Legal Newsline) - Maryland Attorney General Douglas Gansler announced a final order on Thursday against an Anne Arundel County-based home builder who allegedly violated multiple state laws.

Federal judge says Johnson entitled to become La. SC chief justice

By Jessica M. Karmasek | Sep 4, 2012

Johnson NEW ORLEANS (Legal Newsline) - A federal judge ruled Saturday that Louisiana Supreme Court Justice Bernette Johnson is entitled to become the high court's next chief justice based on her seniority.

La. court upholds $258M Risperdal verdict

By John O'Brien | Sep 4, 2012

Caldwell LAKE CHARLES, La. (Legal Newsline) - A Louisiana appeals court has upheld the $258 million verdict in state Attorney General Buddy Caldwell's lawsuit against Janssen Pharmaceutical over the prescription drug Risperdal.

Maine AG seeks First Circuit review of Medicaid plan amendment

By Jessica M. Karmasek | Sep 5, 2012

Schneider AUGUSTA, Maine (Legal Newsline) - Maine Attorney General William Schneider says he had "no choice" but to file a petition for review with a federal appeals court after the federal government refused to rule on the state's request to make cuts to its Medicaid program on an "expedited basis."

Farmers Field bill challenged in Calif. court

By Michael P. Tremoglie | Sep 5, 2012

Stormer LOS ANGELES (Legal Newsline) - A coalition of community activists and four individuals filed suit Thursday against the state of California challenging a recently enacted law that insulates the developer of a proposed Los Angeles stadium from environmental lawsuits.

SEC accuses Chinese weight loss company of fraud

By Michael P. Tremoglie | Sep 5, 2012

LOS ANGELES (Legal Newsline) - The Securities and Exchange Commission on Tuesday accused a Chinese weight loss company and its top executive of fraud.

Poker buddies accused of insider trading swap

By Michael P. Tremoglie | Sep 5, 2012

NEW YORK (Legal Newsline) - The Securities and Exchange Commission on Tuesday accused a California man with giving inside information about Nvidia Corporation's earnings to a poker buddy.

W.Va. SC hears public financing arguments

By Chris Dickerson | Sep 5, 2012

Loughry CHARLESTON, W.Va. (Legal Newsline) - After nearly two hours of oral arguments, the question of additional public funding in the West Virginia Supreme Court race rests squarely in the hands of the state Supreme Court.

Ill. court reverses $17.8M asbestos verdict

By Bethany Krajelis | Sep 5, 2012

Steigmann SPRINGFIELD, Ill. (Legal Newsline) - A split panel of the Illinois Fourth District Appellate Court has reversed a $17.8 million verdict in a McLean County asbestos conspiracy case.

Texas SC orders judge to clarify why he disregarded verdict

By David Yates | Sep 5, 2012

Floyd AUSTIN, Texas (Legal Newsline) - For the second time in the same case, Texas' highest court is directing Judge Donald Floyd of Jefferson County to definitively state his reasons for disregarding a jury verdict and granting a plaintiff a new trial.

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