Class actions as we know them in the U.S. are virtually unheard of in Europe, and corporations located in the EU would like to keep it that way. Hence, a…
Wage-and-hour class action claims brought over unpaid overtime are a hot practice area—and, as today’s $62 million judgment against Wal-Mart illustrates, one that can be extremely costly to employers.
Connecticut lawyer Philip Russell has a lot of expertise in child pornography cases—but it may hurt his defense in a prosecution for destroying evidence.
Updated: Indicted today after years of investigation, the 72-year-old co-founder of what was once unquestionably the nation’s most prominent plaintiffs securities firm is vowing to fight the federal case that…
In an ongoing effort to amp up its financial restructuring practice in the U.S. and abroad, Cadwalader, Wickersham & Taft has hired another six attorneys this week and plans to…
Updated: In a stunning series of body blows today in an ongoing battle between the government and one of the country’s most powerful plaintiff firms, federal prosecutors in California announced…
Updated: A founding partner of one of the nation’s most powerful plaintiffs securities law firms is reportedly resigning from a management role in the face of expected new federal charges…
Stealing $50,000 doesn’t put the perpetrator on the FBI’s Most-Wanted list. But an alleged embezzlement of that amount by a condominium board president is big news in South Florida.
The controversial prosecution of a Connecticut lawyer under the Sarbanes-Oxley Act for what he says was an unknowing destruction of evidence will proceed, a federal judge has decided.
Whistle-blower complaints brought under the Sarbanes-Oxley Act are failing because claimants are “misusing the law as a club in garden-variety workplace disputes,” according to an expert in the field.
Prosecutors are considering whether to charge a former chair of the Securities and Exchange Commission in connection with a banana company’s payments to a Colombian paramilitary group, the Aug 16, 2007 1:19 PM CDT
It will cost at least $256 million to correct a massive data breach involving the theft of computerized information about 45 million credit and debit cards.
So-called dirty money is big business in Florida. And that means the state is a magnet for enforcement of federal laws banning banks from participating in money-laundering and similar schemes.
Updated: In a result seen as a major victory for federal prosecutors, a jury in San Francisco today convicted the former CEO of Brocade Communications Systems Inc. of securities fraud…
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