Two cases argued yesterday before the U.S. Supreme Court raise issues of statutory construction. The outcome will affect futures clearinghouses and prisoners.
A now-former corporate partner of Baker & McKenzie has resigned following his indictment last week in a federal securities fraud case involving alleged corporate kickbacks.
The 7th U.S. Circuit Court of Appeals in Chicago has rejected a class action award, but not because of exorbitant fees. Indeed, the court questioned whether Milberg Weiss was undercompensated…
The British energy company BP is expected to plead guilty to environmental charges to settle a criminal investigation into an explosion at a Texas oil refinery two years ago that…
A New York partner of Baker & McKenzie has been indicted in a federal securities fraud case involving alleged corporate kickbacks, along with executives and two individual investors.
Updated and corrected: Lawyers for Coca-Cola defending a securities class action suit are accusing former plaintiffs’ lawyer William Lerach of engaging in the same kind of tactics that led to…
After more than a year of legal wrangling, attorneys representing the plaintiffs in a would-be securities class action couldn’t come up with a lead plaintiff candidate who was acceptable to…
Milberg Weiss made several strategic missteps after a split with its California office that are threatening the now-indicted law firm, lawyers familiar with the situation told the Recorder.
A defense lawyer testified against her former client in an Alexandria, Va., courtroom yesterday, saying she didn’t believe his phony e-mail was an honest mistake.
A group of pension funds will receive $117.5 million to settle their class action suit against Mercury Interactive Corp. for losses caused by stock options backdating.
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