http://www.legal2blog.com Legal advice blog Wed, 28 Apr 2010 05:31:56 +0000 http://backend.userland.com/rss092 en The U.S. Supreme Court likely ignited an intense battle in state and federal courts with its decision Tuesday that class arbitration may not be imposed on parties who have not agreed to it. F. Paul Bland of public interest law firm Public Justice predicted that "within a week" defendants in ... http://www.legal2blog.com/2010/04/high-court-ruling-may-fuel-battle-over-class-arbitration-2/ Senators from both sides of the aisle expressed emotions ranging from disgust to utter frustration Tuesday as they grilled current and former employees of Goldman Sachs over the company's dealings leading up to the national financial crisis. Some senators compared Goldman Sachs employees to Las Vegas gamblers playing risky games ... http://www.legal2blog.com/2010/04/senators-express-disgust-anger-as-goldman-execs-squirm-7/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-11/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-10/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-9/ Attorney Leonard Deutchman puts two decisions -- Pension Committee and Rimkus Consulting, which gauged the relevance of e-discovery data lost by the producing party in terms of the prejudice to the requesting party -- in the context of unfolding e-discovery jurisprudence. http://www.legal2blog.com/2010/04/the-last-words-on-e-discovery-4/ Attorney Leonard Deutchman puts two decisions -- Pension Committee and Rimkus Consulting, which gauged the relevance of e-discovery data lost by the producing party in terms of the prejudice to the requesting party -- in the context of unfolding e-discovery jurisprudence. http://www.legal2blog.com/2010/04/the-last-words-on-e-discovery-3/ Senators from both sides of the aisle expressed emotions ranging from disgust to utter frustration Tuesday as they grilled current and former employees of Goldman Sachs over the company's dealings leading up to the national financial crisis. Some senators compared Goldman Sachs employees to Las Vegas gamblers playing risky games ... http://www.legal2blog.com/2010/04/senators-express-disgust-anger-as-goldman-execs-squirm-6/ In a rare boost for securities fraud class actions, the Supreme Court on Tuesday closed off a statute of limitations defense for Merck & Co. in its battle against Vioxx-related shareholder suits. Plaintiffs and shareholder groups applauded the decision for sweeping away a morass of conflicting lower-court decisions on statute ... http://www.legal2blog.com/2010/04/justices-give-boost-to-securities-fraud-plaintiffs-in-merck-ruling/ Federal prosecutors charged Tuesday that former law firm chief operating officer Debra Villegas helped attorney Scott Rothstein pull off a massive fraud and reaped the financial rewards of his $1.2 billion Ponzi scheme in the form of a home purchased for $100 and a Maserati sports car. "There are going ... http://www.legal2blog.com/2010/04/former-law-firm-coo-charged-in-alleged-money-laundering-conspiracy-12/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-8/ Senators from both sides of the aisle expressed emotions ranging from disgust to utter frustration Tuesday as they grilled current and former employees of Goldman Sachs over the company's dealings leading up to the national financial crisis. Some senators compared Goldman Sachs employees to Las Vegas gamblers playing risky games ... http://www.legal2blog.com/2010/04/senators-express-disgust-anger-as-goldman-execs-squirm-5/ Federal prosecutors charged Tuesday that former law firm chief operating officer Debra Villegas helped attorney Scott Rothstein pull off a massive fraud and reaped the financial rewards of his $1.2 billion Ponzi scheme in the form of a home purchased for $100 and a Maserati sports car. "There are going ... http://www.legal2blog.com/2010/04/former-law-firm-coo-charged-in-alleged-money-laundering-conspiracy-11/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-7/ Drug maker AstraZeneca has agreed to pay $520 million to settle federal whistleblower lawsuits that accused the company of engaging in illegal tactics -- including kickbacks to doctors -- to promote "off-label" uses for its anti-psychotic drug Seroquel. The settlement is the largest amount ever paid by a company in ... http://www.legal2blog.com/2010/04/whistleblower-suits-against-astrazeneca-settle-for-520-million-2/ Federal prosecutors charged Tuesday that former law firm chief operating officer Debra Villegas helped attorney Scott Rothstein pull off a massive fraud and reaped the financial rewards of his $1.2 billion Ponzi scheme in the form of a home purchased for $100 and a Maserati sports car. "There are going ... http://www.legal2blog.com/2010/04/former-law-firm-coo-charged-in-alleged-money-laundering-conspiracy-10/ Federal prosecutors charged Tuesday that former law firm chief operating officer Debra Villegas helped attorney Scott Rothstein pull off a massive fraud and reaped the financial rewards of his $1.2 billion Ponzi scheme in the form of a home purchased for $100 and a Maserati sports car. "There are going ... http://www.legal2blog.com/2010/04/former-law-firm-coo-charged-in-alleged-money-laundering-conspiracy-9/ Senators from both sides of the aisle expressed emotions ranging from disgust to utter frustration Tuesday as they grilled current and former employees of Goldman Sachs over the company's dealings leading up to the national financial crisis. Some senators compared Goldman Sachs employees to Las Vegas gamblers playing risky games ... http://www.legal2blog.com/2010/04/senators-express-disgust-anger-as-goldman-execs-squirm-4/ Senators from both sides of the aisle expressed emotions ranging from disgust to utter frustration Tuesday as they grilled current and former employees of Goldman Sachs over the company's dealings leading up to the national financial crisis. Some senators compared Goldman Sachs employees to Las Vegas gamblers playing risky games ... http://www.legal2blog.com/2010/04/senators-express-disgust-anger-as-goldman-execs-squirm-3/ Secondary actors such as attorneys can only be held liable for false statements in private damages actions under the securities laws if the statements are attributable to them at the time they are disseminated, a federal appeals court decided Tuesday. Ruling in a civil suit brought against Mayer Brown and ... http://www.legal2blog.com/2010/04/mayer-brown-not-liable-for-losses-of-refco-investors-2nd-circuit-decides-6/