Roy Jacobs & Associates Announces Class Action Lawsuit Brought On Behalf Of BearingPoint, Inc. Purchasers -- BE
Roy Jacobs & Associates Announces Class Action Lawsuit Brought On Behalf Of BearingPoint, Inc. Purchasers -- BE: "NEW YORK, April 26, 2005 (PRIMEZONE) -- Roy Jacobs & Associates has filed a class action lawsuit on April 26, 2005 in the United States District Court for the Eastern District of Virginia on behalf of all purchasers who purchased BearingPoint, Inc. securities during the period August 14, 2003 to April 20, 2005 (the 'Class Period'). The lawsuit was filed against BearingPoint, Inc. ('BearingPoint' or 'the Company') (NYSE:BE), its former Chairman, Chief Executive Officer, and President Randolph C. Blazer, its former Chief Financial Officer Robert S. Falcone, and BearingPoint's outside auditor, PricewaterhouseCoopers, LLP. The Complaint sets forth allegations that the defendants violated the federal securities laws by defrauding purchasers of BearingPoint securities during the Class Period, as described below." (Full story at link)
Winnipeg Sun: Business - Class-action suit could kill off payday lenders
Winnipeg Sun: Business - Class-action suit could kill off payday lenders: "CALGARY -- In a case which could crush the payday loan industry in Canada, a Calgary law firm has been given the green light to proceed with a class action alleging criminal interest rates. Bill McNally, of the firm McNally Cuming Raymaker, said yesterday his lawsuit, if successful, will wipe out payday lenders.
'The whole industry will be gone,' McNally told Sun Media." (Full story at link)
Stull, Stull & Brody Announces Class Action against Molex Incorporated
Stull, Stull & Brody Announces Class Action against Molex Incorporated: "NEW YORK--(BUSINESS WIRE)--April 25, 2005--Notice is hereby given that a class action lawsuit was filed, on April 22, 2005, in the United States District Court for the Northern District of Illinois, against Molex Incorporated ('Molex' or the 'Company') (Nasdaq:MOLX; MOLXA), on behalf of purchasers of Molex publicly traded securities between July 27, 2004 and February 14, 2005, inclusive (the 'Class Period').
The complaint charges alleges that Molex violated federal securities laws by issuing false or misleading information. Specifically, the Complaint alleges that Molex hid $5.8 million in inventory expenses, it improperly accounted for accrual in vacation pay and it engaged in other accounting chicanery so that its reported financial results were in violation of Generally Accepted Accounting Principles ('GAAP'). On November 11, 2004, Molex announced that it was delaying the filing of its Form 10-Q and that Diane S. Bullock had been replaced as its Chief Financial Officer. On November 15, 2004, Molex announced that Deloitte & Touche LLP had resigned as its independent auditor. On February 14, 2005, Molex released its quarterly financial and operational results and more fully disclosed the extent of its accounting issues and corresponding investigations by the Securities and Exchange Commission ('SEC'). On this news, Molex stock fell from a close of $28.79 per share on February 14, 2004, to close at $25.45 per share on February 15, 2005." (Full story at link)
City of Parma, Ohio, Files Nationwide Class Action to Thwart Cingular's Ploy to Reduce Payments for Overlapping Cell Sites
City of Parma, Ohio, Files Nationwide Class Action to Thwart Cingular's Ploy to Reduce Payments for Overlapping Cell Sites: "Cingular Wireless' October 2004 acquisition of AT&T Wireless produced the nation's largest wireless network, but also resulted in overlapping wireless antenna site coverage. Cingular operates antenna sites under long-term leases of up to 30 years. Seeking to cut its monthly rent payments on these sites, Cingular has threatened to terminate leases with an estimated 15,000 owners throughout the country, including cities, local governments and volunteer organizations, unless they agree to rent reductions of as much as 50%, even though the agreements do not permit termination for mere convenience or overlap." (Full story at link)
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against BearingPoint, Inc. -- BE : ArriveNet Press Releases : Business
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against BearingPoint, Inc. -- BE : ArriveNet Press Releases : Business: "BALA CYNWYD, Pa., April 26, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of BearingPoint, Inc. ('BearingPoint' or the 'Company') (NYSE:BE), between August 14, 2003 and April 20, 2005 inclusive (the 'Class Period'). The class action lawsuit was filed in the United States District Court for the Eastern District of Virginia." (Full story at link)
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit against BearingPoint, Inc. -- BE
"BALTIMORE, April 26, 2005 (PRIMEZONE) -- Law Offices of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of BearingPoint, Inc. (NYSE:BE) between August 14, 2003 and April 20, 2005, inclusive (the 'Class Period').
The case is pending in the United States District Court for the Eastern District of Virginia against defendant BearingPoint, Roderick C. McGeary, Randolph C. Blazer and Robert S. Falcone. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities." (Full story at link)
Class Action Challenges HP's Inkjet Replacement Warnings
Class Action Challenges HP's Inkjet Replacement Warnings: "A Long Island, New York, man charges that Hewlett-Packard is misleading consumers with the 'smart chip' technology that supposedly alerts users when their inkjet cartridges are about to run out. Dennis Just filed a $5 million class action lawsuit in federal district court accusing HP of breach of good faith, unjust enrichment and violation of New York business law." (Full story at link)
CSC to settle overtime class action suit - Computer Business Review
CSC to settle overtime class action suit - Computer Business Review: "IT services provider Computer Sciences Corp has confirmed that it has settled a class action lawsuit brought by its employees, and has agreed to pay out $24m which will be distributed to up to 30,000 of its workers." (Full story at link)
Chamber to France: nix class-action suits - (United Press International)
Chamber to France: nix class-action suits - (United Press International): "Paris, France, Apr. 13 (UPI) -- A U.S. Chamber of Commerce official in Paris Wednesday warned French business and political leaders not allow U.S.-style class action lawsuits.
'The American class action system has turned into a litigation 'business' designed to squeeze money out of companies, whether or not those companies have really done anything wrong,' said U.S. Chamber Chief Legal Officer Stanton Anderson at a conference sponsored by the Paris Chamber of Commerce and and a French business lobbying group." (Full story at link)
Black Entertainment | Black News | Urban News
Black Entertainment | Black News | Urban News: "*The bad news is – R. Kelly was hit with another lawsuit. The good news is – it has nothing to do with an underage girl. This time, a former employee has filed a class action suit against the singer for unpaid overtime wages.
Brandon Novak, a former assistant to Kelly, says he was fired after complaining, according to the suit – which calls for Kelly and his associates to pay Novak and other employees at least two years worth of unpaid overtime plus damages and legal fees, reports “Celebrity Justice.”" (Full story at link)
Stull, Stull & Brody Announces Class Action Against Audible, Inc.
Stull, Stull & Brody Announces Class Action Against Audible, Inc.: "
NEW YORK--(BUSINESS WIRE)--April 12, 2005--Notice is hereby given that a class action lawsuit was filed on April 11, 2005 in the United States District Court for the District of New Jersey, against Audible, Inc. ('Audible' or the 'Company') (Nasdaq:ADBL), Donald R. Katz ('Katz') and Andrew P. Kaplan ('Kaplan'), senior executives officers and/or directors of Audible, on behalf of purchasers of Audible securities between November 2, 2004 and February 15, 2005, inclusive (the 'Class Period'). Also included are all those who acquired Audible's shares in the secondary offering on November 18, 2004.
The complaint charges that Audible violated federal securities laws by issuing false or misleading public statements. Specifically, the Complaint alleges that Audible reported increased revenues and earnings, growth that defendants represented would continue as the Company capitalized on increasing demand for its products and a growing customer based. Throughout the Class Period, defendants failed to disclose that: (i) Audible's growth could not continue without material investments in expensive strategic initiatives that would severely erode the Company's earnings in the foreseeable future; and (ii) Audible was about to embark on expensive strategic initiatives that would constitute a material risk to the Company's growth and its stock price." (Full story at link)
Legalbrief - Spyware class action suit filed against DirectRevenue
Legalbrief - Spyware class action suit filed against DirectRevenue: "A class action suit has been filed recently against DirectRevene, alleging that the company deceptively downloaded harmful and offensive spyware onto users' computers. " (Full story at link)
Johnson & Perkinson Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Participants and Thei
Johnson & Perkinson Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Participants and Their Beneficiaries -- DPH : ArriveNet Press Releases : Business: "SOUTH BURLINGTON, Vt., April 12, 2005 (PRIMEZONE) -- Johnson & Perkinson (http://www.jpclasslaw.com) announces the filing today of a class action lawsuit, in the United States District Court for the Eastern District of Michigan, on behalf of participants and beneficiaries of the Delphi Corporation's (NYSE:DPH) pension plans. The lawsuit, brought pursuant to the Employee Retirement Income Security Act of 1974, is on behalf of those participants since May 28, 1999 in the (1) Delphi Savings-Stock Purchase Program for Salaried Employees in the U.S.; (2) Delphi Personal Savings Plan for Hourly-Rate Employees in the U.S.; (3) ASEC Manufacturing Savings Plan; and (4) Delphi Mechatronic Systems Savings-Stock Purchase Program. If you wish to discuss your rights, please call 866-276-5446 (EST) or e-mail Johnson & Perkinson at: email@jpclasslaw.com.
The lawsuit alleges that plan fiduciaries breached such duties and responsibilities by, among other things, failing to investigate the prudence of an investment in Delphi stock and by making misrepresentations about the Company's accounting practices dating back to1999. Several current and former Delphi employees have already chosen to participate in the lawsuit. These employees are organizing a structure to direct the lawsuit. Those employees who choose to participate in the lawsuit can do so confidentially. It is unlawful for any fiduciary or defendant to take any retaliatory action against any employee who chooses to participate in the suit." (Full story at link)
Bloomberg.com: Europe
Bloomberg.com: Europe: "April 12 (Bloomberg) -- French government ministers said they will begin the process of legalizing class-action lawsuits, which allow claims on behalf of a group of people, in a bid to strengthen consumer rights.
``We want to devise a system that protects consumers as well as companies,'' Finance Minister Thierry Breton said at a press conference in Paris that was also attended by Justice Minister Dominique Perben and Christian Jacob, the minister for small businesses. The officials backed plans to form a working group of lawyers, companies and consumers to propose legislation." (Full story at link)
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Blue Coat Systems, Inc. -- BCSI : ArriveNet Press Releases : Business
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Blue Coat Systems, Inc. -- BCSI : ArriveNet Press Releases : Business: "BALTIMORE, April 12, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Blue Coat Systems, Inc. (NASDAQ: BCSI) between February 20, 2004 and May 27, 2004, inclusive (the 'Class Period').
The case is pending in the United States District Court for the Northern District of California against defendant Blue Coat and one or more of its officers. The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities." (Full story at link)
Blogcritics.org: Wow, the Republicans have saved small businesses from class action lawsuit....
Blogcritics.org: Wow, the Republicans have saved small businesses from class action lawsuit....: "''This is a big win for the nation's small-business community, which after all represent 99 percent of all businesses.'' From Small Business Administration press release Curbs to Abusive Class-Action Lawsuits A Big Win for Small Business.
It's true, the number of small business involved in class-action lawsuits is tremendous. Why, just the other day all of us who use Joe's Garage joined together in a class-action lawsuit against his gratuitous offers of un-needed oil changes. Next my neighbors and I formed a class action suit against our paperboy due to a high incidence of wet papers on rainy days. Next many of us who use the drive thru espresso stand have joined with trial lawyers to form a multi-billion dollar suit charging the stand with improper cappuccino temperatures." (Full story at link)
580 CFRA - News Talk Radio
580 CFRA - News Talk Radio: "It's being called a 'mammoth class-action lawsuit' and it involves the federal government and struggling cattle farmers.
Four co-ordinated suits launched in Ontario, Alberta, Saskatchewan and Quebec seek $7 billion from the feds because of events surrounding the mad cow crisis." (Full story at link)
580 CFRA - News Talk Radio
580 CFRA - News Talk Radio: "It's being called a 'mammoth class-action lawsuit' and it involves the federal government and struggling cattle farmers." (Full story at link)
Milberg Weiss Announces The Filing Of A Class Action Suit Against MBIA Inc. and Certain Of Its Officers and Directors on Behalf of Investors
Milberg Weiss Announces The Filing Of A Class Action Suit Against MBIA Inc. and Certain Of Its Officers and Directors on Behalf of Investors: "NEW YORK--(BUSINESS WIRE)--April 11, 2005--The law firm of Milberg Weiss Bershad & Schulman LLP announces that a class action lawsuit was filed today on behalf of all persons who purchased or otherwise acquired the securities of MBIA Inc. ('MBIA' or the 'Company') (NYSE:MBI) between August 5, 2003 and March 30, 2005, inclusive (the 'Class Period'), seeking to pursue remedies under the Securities Exchange Act of 1934 (the 'Exchange Act'). A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss's website at: http://www.milbergweiss.com " (Full story at link)
Wolf Popper Files Class Action on Behalf of Shareholders of Mossimo, Inc. -- MOSS : ArriveNet Press Releases : Business
Wolf Popper Files Class Action on Behalf of Shareholders of Mossimo, Inc. -- MOSS : ArriveNet Press Releases : Business: "NEW YORK, April 12, 2005 (PRIMEZONE) -- Wolf Popper LLP has filed a class action lawsuit on behalf of Mossimo, Inc. public shareholders (Nasdaq:MOSS) on April 12, 2005 in the Delaware Court of Chancery, New Castle County.
The Complaint seeks to enjoin a proposed buy-out transaction in which Mossimo's Chairman and Chief Executive Officer seeks to buy out the outstanding public shares of Mossimo for inadequate consideration." (Full story at link)
Toronto law firm launches class action against Pfizer over Bextra
Toronto law firm launches class action against Pfizer over Bextra: "A Toronto law firm has launched a national class action lawsuit against Pfizer, the maker of the pain-reliever Bextra." (Full story at link)
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Rhodia S.A.
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Rhodia S.A.: "HARTFORD, Conn., April 8 /PRNewswire/ -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of New Jersey on behalf of all persons who purchased the publicly traded securities of Rhodia S.A. (NYSE: RHA - News; 'Rhodia' or 'the Company') between April 26, 2001 and March 23, 2004, inclusive (the 'Class Period')." (Full story at link)
PRESS RELEASE Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Rhodia S.A. -- RHA
PRESS RELEASE Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Rhodia S.A. -- RHA: "PHILADELPHIA, PA -- (MARKET WIRE) -- 04/08/2005 -- Law Offices of Brian M. Felgoise, P.C. announces that a securities class action has been commenced on behalf of shareholders who acquired Rhodia S.A. (NYSE: RHA) securities between April 26, 2001, and March 23, 2004, inclusive (the Class Period).
The case is pending in the United States District Court for the District of New Jersey, against the company and certain key officers and directors." (Full story at link)
Class-action lawsuit filed for witnesses
Class-action lawsuit filed for witnesses: "CHICAGO : A lawsuit has been filed on behalf of witnesses to crimes who contend they were locked up by Chicago Police for lengthy periods against their will.
A spokeswoman for the city corporation council denies police have a policy of detaining witnesses against their will." (Full story at link)
Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Collins & Aikman Corp. -- CKC : ArriveNet Press Releases : Business
Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against Collins & Aikman Corp. -- CKC : ArriveNet Press Releases : Business: "PHILADELPHIA, PA -- (Market Wire - Apr 07, 2005) -- Law Offices of Brian M. Felgoise, P.C. announces that a securities class action has been commenced on behalf of shareholders who acquired Collins & Aikman Corp. (NYSE: CKC) securities between May 6, 2004 and March 17, 2005, inclusive (the Class Period).
The case is pending in the United States District Court for the Eastern District of Michigan, against the company and certain key officers and directors.
The action charges that defendants violated the federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period which statements had the effect of artificially inflating the market price of the Company's securities." (Full story at link)
Times Leader | 04/07/2005 | Public school teachers must be certified CLASS ACTION ROSEMARY JACOBS
Times Leader | 04/07/2005 | Public school teachers must be certified CLASS ACTION ROSEMARY JACOBS: "Q. I wonder whether a public high school can still have as well-educated and experienced teachers as private ones. At a recent public high school orientation, I was surprised to learn that teachers hold advanced degrees.
A. It’s a common misconception to think that because a school is private, it must have better-educated, more experienced teachers on staff. Well-educated teachers can be found in public and private schools. Private schools are not required to hire certified teachers, grant tenure, or pay teachers for years of experience, and they often do not. Because they’re not regulated, hiring practices differ. Private schools publicize their teachers’ education, and accomplishments to attract parents and students." (Full story at link)
New York Post Online Edition:
New York Post Online Edition:: "April 7, 2005 -- Former New York Jets great Freeman McNeil and club President Jay Cross teamed up yesterday and used the 'principal-for-a-day' program to tout their dream for a West Side stadium to youngsters at a Chelsea elementary school.
Just blocks from where the team hopes to build a $2 billion stadium and a short walk from Madison Square Garden — their arch rivals bent on stopping them — the Jets pair used their principal bully pulpit to recruit children at PS 33 to Gang Green." (Full story at link)
The Pitt News - Class-action suit alleges season ticket contract breach
The Pitt News - Class-action suit alleges season ticket contract breach: "Two attorneys have accused Pitt of a breach of contract between the University and men's basketball season ticket holders.
Attorneys John Stember and Stephen Pincus, of Stember Feinstein Krakoff law firm, filed the complaint." (Full story at link)
mysan.de - be updated - Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Doral Financial Corporation
mysan.de - be updated - Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Doral Financial Corporation: "HARTFORD, Conn., April 22 /PRNewswire/ -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Southern District of New York on behalf of all persons who purchased the publicly traded securities of Doral Financial Corporation ('Doral' or 'the Company') between January 17, 2001 and April 18, 2005, inclusive (the 'Class Period').
The Complaint alleges that Doral and certain of its officers and directors violated federal securities laws. Specifically, defendants orchestrated a massive accounting fraud through which they improperly valued Doral’s Interest Only Strips ('IOs') and misled investors as to the Company’s vulnerability to interest rate increases. Throughout the Class Period, defendants issued highly positive statements in an effort to create the impression that earnings were increasing and that the value of Doral’s mortgage portfolios was robust. In reality, Doral employed a static measure, instead of a forward curve measure, to calculate the value of its London Bank Offered Rate ('LIBOR') sensitive IOs. Doral now admits that this practice resulted in false and misleading results, which Doral now intends to restate. According to its April 18, 2005 press release, the Company’s annual and interim financial reports for 2000-2004 are materially false and misleading requiring restatement because of the Company’s improper accounting treatment of the IOs. During the Class period, defendants sold 579,750 shares for personal proceeds of $20.5 million and completed numerous necessary debt offerings. Doral has also announced that it is not only restating five years of financial statements, but its accounting practices are the subject of an informal SEC investigation." (Full story at link)
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuits Against Doral Financial Corporation - DRL
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuits Against Doral Financial Corporation - DRL: "BALTIMORE, April 23, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that securities class actions have been commenced on behalf of those who acquired the securities of Doral Financial Corporation ('Doral' or the 'Company') (NYSE:DRL) from May 15, 2000 through April 18, 2005 (the 'Class Period').
Cases are pending in the United States District Court for the Southern District of New York and in the United States District Court for the District of Puerto Rico. The actions charge that the Company and certain officers and/or directors violated federal securities laws by issuing a series of materially false and misleading statements to the market during the Class Period, which statements had the effect of artificially inflating the market price of the Company's securities. The Company has announced that it should restate its financials." (Full story at link)
Wal-Mart worker filing file class-action suit in Quebec
Wal-Mart worker filing file class-action suit in Quebec: "Montreal - Alain Pednault, a Wal-Mart employee who is about to lose his job in Quebec, where the Arkansas giant is closing a big box store to avoid a union, is seeking permission from the Quebec courts to file a class-action suit on behalf of himself and 180 who will lose their jobs." (Full story at link)
Notice of Filing Securities Class Action Against Doral Financial Corporation, Several Officers and Directors of Doral Financial Corporation and Pricew
Notice of Filing Securities Class Action Against Doral Financial Corporation, Several Officers and Directors of Doral Financial Corporation and Pricewaterhouse Coopers, LLP: "ATLANTA--(BUSINESS WIRE)--April 22, 2005--Chitwood Harley Harnes, LLP announces that it has filed a securities fraud class action complaint in the Southern District of New York against Doral Financial Corporation ('Doral' or the 'Company'), Salomon Levis, Richard F. Bonini, Ricardo Melendez, Edgar M. Cullman, Jr., John L. Ernst, Efraim Kier, Zoila Levis, A. Brean Murray, Harold D. Vicente, John B. Hughes, Mario S. Levis, Peter A. Hoffman and Pricewaterhouse Coopers, LLP on behalf of all persons who purchased Doral common stock (NYSE: DRL) from October 11, 2002 to and including April 19, 2005 (the 'Class Period'). A copy of the complaint is available from the court and will be posted on Chitwood Harley Harnes's website, www.classlaw.com for the next two months. " (Full story at link)
Shareholder Class Action Filed Against Sharper Image Corporation by the Law Firm of Schiffrin & Barroway, LLP
Shareholder Class Action Filed Against Sharper Image Corporation by the Law Firm of Schiffrin & Barroway, LLP: "RADNOR, Pa., April 21 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin & Barroway, LLP:
Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Northern District of California on behalf of all securities purchasers of Sharper Image Corporation (Nasdaq: SHRP - News; 'Sharper Image' or the 'Company') between February 5, 2004 and August 4, 2004 inclusive (the 'Class Period')." (Full story at link)
Stull, Stull & Brody Announces Class Action Against Biogen Idec Inc.
Stull, Stull & Brody Announces Class Action Against Biogen Idec Inc.: "NEW YORK--(BUSINESS WIRE)--April 21, 2005--Notice is hereby given that a class action lawsuit was filed on April 21, 2005 in the United States District Court for the District of Massachusetts, on behalf of all securities purchasers of Biogen Idec Inc. ('Biogen' or the 'Company') (NASDAQ:BIIB) between February 18, 2004 and February 25, 2005, inclusive (the 'Class Period').
The complaint charges Biogen, William Rastetter, and James Mullen with violations of the Securities Exchange Act of 1934. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following materially adverse facts which were known to defendants or recklessly disregarded by them: (1) that TYSABRI posed serious immunity-system side effects; (2) that TYSABRI, like other MS drugs, made patients susceptible to progressive multifocal leukoencephalopathy ('PML') by changing the way certain white blood cells function thereby allowing PML, a normally dormant virus, to run rampant within the human body; (3) that defendants knew and/or recklessly disregarded documented facts that MS drugs can cause greater incidents of PML to occur; and (4) that defendants concealed these facts in order to fast track TYSABRI for FDA approval so that they could reap the financial benefits from the sales of the drug." (Full story at link)
mysan.de - be updated - CSC Announces Settlement of Overtime Pay Class Action Lawsuit
mysan.de - be updated - CSC Announces Settlement of Overtime Pay Class Action Lawsuit: "EL SEGUNDO, Calif., April 21 /PRNewswire-FirstCall/ -- Computer Sciences Corporation today announced the settlement of an overtime pay class action lawsuit against the company. Under the agreement, which was preliminarily approved today by the U.S. District Court of the Central District of California, approximately 30,000 current and former employees will be entitled to make claims from the $24 million settlement.
After application of a previously established accrual, a one-time pre-tax charge of $14 million, or 5 cents per share, which was not included in CSC’s prior guidance, will be recorded in the fourth quarter, ended April 1, 2005." (Full story at link)
Milberg Weiss Announces The Filing Of A Class Action Suit Against Doral Financial Corp. and Certain Of Its Officers and Directors on Behalf of Investo
Milberg Weiss Announces The Filing Of A Class Action Suit Against Doral Financial Corp. and Certain Of Its Officers and Directors on Behalf of Investors: "
NEW YORK--(BUSINESS WIRE)--April 22, 2005--The law firm of Milberg Weiss Bershad & Schulman LLP announces that it has filed a class action lawsuit on behalf of purchasers of the securities of Doral Financial Corporation ('Doral' or the 'Company') (NYSE: DRL) between April 9, 2002 and April 18, 2005 inclusive, (the 'Class Period'), seeking to pursue remedies under the Securities Exchange Act of 1934 (the 'Exchange Act'). A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss' website at www.milbergweiss.com " (Full story at link)
DailyBulletin.com -Suit brought by seven police officers over a hidden camera in their locker room
DailyBulletin.com - News: "ONTARIO - A federal judge has certified the suit brought by seven police officers over a hidden camera in their locker room as a class action lawsuit.
Delivered on Thursday, the ruling by U.S. District Judge Virginia A. Phillips means all the Ontario Police Department officers and volunteers caught on tape will be part of the suit." (Full story at link)
Wechsler Harwood LLP Files Securities Class Action Suit Against Electronic Arts, Inc. - ERTS
Wechsler Harwood LLP Files Securities Class Action Suit Against Electronic Arts, Inc. - ERTS: "NEW YORK, April 20, 2005 (PRIMEZONE) -- Wechsler Harwood LLP today announced that it has filed a Federal Securities fraud class action suit on behalf of all purchasers of the common stock of Electronic Arts, Inc. ('Electronic Arts' or the 'Company') (NASDAQ:ERTS) from January 25, 2005 to March 21, 2005, both dates inclusive (the 'Class Period').
The action, entitled Raspa v. Electronic Arts, Inc. et al., Case No. (not yet assigned), is pending in the United States District Court for the Northern District of California, and names as defendants, the Company, its Chairman of the Board and Chief Executive Officer, Lawrence F. Probst, III, and its Executive Vice President, Chief Financial and Administration Officer, Warren Jenson. A copy of the Complaint can be obtained from the Court or can be viewed on Wechsler Harwood web site at: www.whesq.com" (Full story at link)
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit against Blue Coat Systems, Inc. -- BCSI
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit against Blue Coat Systems, Inc. -- BCSI: "BALA CYNWYD, Pa., April 20, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Blue Coat Systems, Inc. ('Blue Coat' or the 'Company') (Nasdaq:BCSI), between February 20, 2004 and May 27, 2004 inclusive (the 'Class Period'). The class action lawsuit was filed in the United States District Court for the Northern District of California.
The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market during the Class Period, thereby artificially inflating the price of Blue Coat securities." (Full story at link)
PRESS RELEASE Schoengold Sporn Laitman & Lometti, P.C. Announces Class Action Lawsuit Against Cell Therapeutics, Inc. (CTIC)
PRESS RELEASE Schoengold Sporn Laitman & Lometti, P.C. Announces Class Action Lawsuit Against Cell Therapeutics, Inc. (CTIC): "NEW YORK, NY -- (MARKET WIRE) -- 04/20/2005 -- Schoengold Sporn Laitman & Lometti, P.C. filed a class action lawsuit against Cell Therapeutics, Inc. ('CTIC' or the 'Company') (NASDAQ: CTIC) and certain key officers and directors in the United States District Court for the Western District of Washington on behalf of all purchasers of CTIC securities during the period between June 7, 2004 and March 4, 2005 (the 'Class Period'). If you purchased CTIC securities during the Class Period and would like to join the action pursuing securities claims against the Company and its officer and director defendants, you may do so by visiting Schoengold Sporn Laitman & Lometti's website at www.spornlaw.com or contacting Schoengold Sporn Laitman & Lometti, toll free at (866) 348-7700 or via e-mail at shareholderrelations@spornlaw.com. However, please note that the deadline to seek lead plaintiff status in this case expires May 9, 2005." (Full story at link)
State hit with class-action suit over 'temporary' workers - 2005-04-19
State hit with class-action suit over 'temporary' workers - 2005-04-19: "The state of North Carolina is facing a class-action lawsuit that alleges the state has violated its own regulations governing state workers by employing 'temporary' workers on a long-term basis, while denying those workers employment benefits provided to other state workers." (Full story at link)
Lockridge Grindal Nauen P.L.L.P. Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Particip
Lockridge Grindal Nauen P.L.L.P. Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Participants and Their Beneficiaries -- DPH : ArriveNet Press Releases : Business: "MINNEAPOLIS, April 19, 2005 (PRIMEZONE) -- Lockridge Grindal Nauen P.L.L.P. announces the filing yesterday of a class action lawsuit, in the United States District Court for the Eastern District of Michigan, on behalf of persons who have been participants in or beneficiaries of Delphi Corporation's (NYSE:DPH) Personal Savings Plan for Hourly-Rate Employees in the U.S. (the 'Plan') since May 28, 1999." (Full story at link)
Maytag Settles Neptune Class Action
Maytag Settles Neptune Class Action: "According to the Philadelphia-based law firm of Sheller Ludwig & Badey and the Ambler, the firm resolved a class action law suit against the Maytag Corporation, alleging odor, mold and mildew problems with Maytag Neptune Wasters. More than two million consumers are included in the class, and may receive repair reimbursements, replacement costs up to $500, and/or washing machine purchase certificates up to $1000." (Full story at link)
heraldtribune.com: Southwest Florida's Information Leader
heraldtribune.com: Southwest Florida's Information Leader: "MIAMI -- Three women strip-searched after being arrested during the 2003 free-trade protests have forced Miami-Dade County to end indiscriminate searches and to pay $4.5 million to settle a class-action lawsuit." (Full story at link)
Madison County Record | Illinois Court News | Litigation-- Class Action, Asbestos, Medical Malpractice News
Madison County Record | Illinois Court News | Litigation-- Class Action, Asbestos, Medical Malpractice News: "Kesha Manning of Venice filed the first class action lawsuit in Madison County in more than a month against the owner of her apartment complex because of mold and fungus problems.
The Bissel Apartments, located at 1400 Klein Ave., house at least 25 individuals, the complaint states.
Claude Taylor, a plumber who worked at the apartment complex for more than a year, also is listed as a plaintiff and class representative." (Full story at link)
PRESS RELEASE Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against PETCO Animal Supplies, Inc.
PRESS RELEASE Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against PETCO Animal Supplies, Inc.: "BALTIMORE, MD -- (MARKET WIRE) -- 04/19/2005 -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of PETCO Animal Supplies, Inc. (NASDAQ: PETC) between November 18, 2004 and April 14, 2005, inclusive (the 'Class Period')." (Full story at link)
Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Blue Coat Systems, Inc.
Federman & Sherwood Announces That a Securities Class Action Lawsuit Was Filed Against Blue Coat Systems, Inc.: "OKLAHOMA CITY, April 19 /PRNewswire/ -- On April 11, 2005, the class action lawsuit was filed in the United States District Court for the Northern District of California against Blue Coat Systems, Inc. (Nasdaq: BCSI - News). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from February 20, 2004 through May 27, 2004." (Full story at link)
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit against PETCO Animal Supplies, Inc. -- PETC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit against PETCO Animal Supplies, Inc. -- PETC: "BALA CYNWYD, Pa., April 19, 2005 (PRIMEZONE) -- Law Offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of PETCO Animal Supplies, Inc. ('PETCO' or the 'Company') (Nasdaq:PETC), between November 18, 2004 and April 14, 2005 inclusive (the 'Class Period'). The class action lawsuit was filed in the United States District Court for the Southern District of California." (Full story at link)
LawFuel - lawsuit has been commenced against General Motors Corporation
LawFuel - law, attorney, lawyer, legal news and legal resources: "PHILADELPHIA April 18, 2005- LAWFUEL - The Law News Network -Goldman Scarlato & Karon, P.C., a law firm with offices in Philadelphia, PA and Cleveland, OH, today announced that a lawsuit has been commenced against General Motors Corporation ('GM' or the 'Company') (NYSE:GM - News) for violations of the Employee Retirement Income Security Act of 1974 ('ERISA'). The lawsuit focuses on investments in Company stock by the GM Employee Retirement Plan ('the Plan') between March 17, 1999 and the present. (Full story at link)
The lawsuit focuses on concerns that GM and other fiduciaries for the Plan breached their ERISA-mandated fiduciary duties of loyalty and prudence by failing to prudently and loyally manage the Plans' assets."
PRESS RELEASE Berger & Montague, P.C. Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Par
PRESS RELEASE Berger & Montague, P.C. Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Participants and Their Beneficiaries: "Berger & Montague, P.C. Announces Filing of Class Action Lawsuit on Behalf of Current and Former Delphi Corp. Employees/Pension Plan Participants and Their Beneficiaries
PHILADELPHIA, PA -- (MARKET WIRE) -- 04/18/2005 -- On April 18, 2005, the law firm of Berger & Montague, P.C. (http://www.bergermontague.com) filed a class action lawsuit, in the United States District Court for the Eastern District of Michigan, on behalf of participants and beneficiaries of the Delphi Corporation's (NYSE: DPH) pension plans. The lawsuit, brought pursuant to the Employee Retirement Income Security Act of 1974 ('ERISA'), is on behalf of those participants since May 28, 1999, in the (1) Delphi Savings-Stock Purchase Program for Salaried Employees in the U.S.; (2) Delphi Personal Savings Plan for Hourly-Rate Employees in the U.S.; (3) ASEC Manufacturing Savings Plan; and (4) Delphi Mechatronic Systems Savings-Stock Purchase Program. If you wish to discuss your rights, please call 888-891-2289 or e-mail Berger & Montague at: InvestorProtect@bm.net." (Full story at link)
Notice of Filing of Securities Class Action Against Citigroup Global Markets Inc. F/K/A Salomon Smith Barney Inc.
Notice of Filing of Securities Class Action Against Citigroup Global Markets Inc. F/K/A Salomon Smith Barney Inc.: "LOS ANGELES, April 18 /PRNewswire/ -- Sauer & Wagner LLP announces that it has commenced a Class Action lawsuit in the United States District Court for the Central District of California against Citigroup Global Markets Inc. F/K/A Salomon Smith Barney Inc. ('Citigroup') on behalf of former clients of Paul Joseph Sheehan D/B/A Paul J. Sheehan & Associates ('Sheehan'), who maintained investment accounts at Citigroup, from April 1, 1999 to September 30, 2000, inclusive (the 'Class Period'). The lawsuit charges Citigroup with violations of federal securities and California law as a direct result of enabling Sheehan, an investment advisor, to engage in a fraudulent 'trade allocation' or 'cherry-picking' scheme whereby Sheehan improperly allocated profitable day trades of securities to his personal investment accounts maintained at Citigroup at the expense of his clients' personal investment accounts also maintained at Citigroup. The Complaint alleges that during the Class Period, Citigroup permitted Sheehan to initiate day trades at Citigroup through the use of a trade allocation account (the 'Sheehan Allocation Account') and to provide allocation instructions electronically to Citigroup at the end of each trading day. As a direct result of allowing Sheehan to allocate trades in this manner, Sheehan knew which of the day trades had been profitable before transmitting allocation instructions to Citigroup, and he was able to allocate profitable trades to his personal investment accounts to the detriment of his clients." (Full story at link)
Securities Class Action Lawsuit Against GSK Over Paxil
Securities Class Action Lawsuit Against GSK Over Paxil: "A lawsuit seeking class action status has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons who purchased the publicly traded securities of GlaxoSmithKline plc between February 21, 2001 and August 5, 2004 (the 'Class Period')." (Full story at link)
Two Local Law Firms Resolve Class Action Suit on Behalf of Maytag Neptune Owners
Two Local Law Firms Resolve Class Action Suit on Behalf of Maytag Neptune Owners: "PHILADELPHIA, April 18 /PRNewswire/ -- The Philadelphia-based law firm of Sheller Ludwig & Badey and the Ambler, PA-based law firm of Kimmel & Silverman, were among several firms that have resolved a class action law suit against the Maytag Corporation, alleging odor, mold and mildew problems with Maytag Neptune Wasters. More than two million consumers are included in the class, and may receive repair reimbursements, replacement costs up to $500, and/or washing machine purchase certificates up to $1000. Jonathan Shub of the Sheller firm served as one of three co-lead counsel in the Maytag case."
Federal Judge Dismisses Securities Class Action Lawsuit against Cytyc Corporation
Federal Judge Dismisses Securities Class Action Lawsuit against Cytyc Corporation: "MARLBOROUGH, Mass.--(BUSINESS WIRE)--April 11, 2005--Cytyc Corporation (Nasdaq: CYTC), a leading women's health company, today announced that, United States District Judge Nathaniel M. Gorton had dismissed the consolidated federal securities class action lawsuit that had been pending against Cytyc and a current and former officer in the United States District Court for the District of Massachusetts. That lawsuit, filed on behalf of a purported class of all persons who purchased Cytyc common stock between July 25, 2001 and June 25, 2002, had alleged that the defendants failed to disclose material facts and made materially misleading misstatements about Cytyc's historical and future financial performance. " (full story at link)
PRESS RELEASE Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against WatchGuard Technologies, Inc. -- WGRD
PRESS RELEASE Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against WatchGuard Technologies, Inc. -- WGRD: "PHILADELPHIA, PA -- (MARKET WIRE) -- 04/11/2005 -- Law Offices of Brian M. Felgoise, P.C. announces that a securities class action has been commenced on behalf of shareholders who acquired WatchGuard Technologies, Inc. (NASDAQ: WGRD) securities between February 12, 2004 and March 15, 2005, inclusive (the Class Period)." (full story at link)
Chicago Law Firm Files Bextra Class Action Lawsuit Against Pfizer
Chicago Law Firm Files Bextra Class Action Lawsuit Against Pfizer: "A class action lawsuit was filed against Pfizer Inc., on behalf of all persons who died or were injured by the pain relief drug, Bextra, the Chicago law firm Kenneth B. Moll & Associates, Ltd. announced Monday.
The Bextra lawsuit accuses pharmaceutical giant Pfizer of failing to properly research the known risks of Bextra, warn consumers of the fatal side effects, and withdraw the drug from the market even when the dangers became widely known." (full story at link)
VaxGen Announces Dismissal of Securities Class Action and Scheduling of Settlement Hearing for Derivative Lawsuit
VaxGen Announces Dismissal of Securities Class Action and Scheduling of Settlement Hearing for Derivative Lawsuit: "BRISBANE, Calif., April 11 /PRNewswire-FirstCall/ -- VaxGen, Inc. (Pink Sheets: VXGN.PK) announced today that the United States District Court for the Northern District of California has entered an Order dismissing the Amended Complaint in In re VaxGen, Inc. Securities Litigation, No. C 03-01129 JSW (the 'Class Action') without prejudice to plaintiffs' filing a further amended Complaint. Separately, the Company also announced that the California Superior Court for San Mateo County has scheduled a hearing for April 29, 2005 to consider a proposed settlement in a related shareholders' derivative lawsuit, captioned In re VaxGen, Inc. Derivative Litigation, No. CIV 430087 (the 'Derivative Lawsuit'). Both lawsuits relate to certain public disclosures concerning an experimental AIDS vaccine that the Company is no longer developing." (full story at link)
Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of Investors in iMergent, Inc.
Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of Investors in iMergent, Inc.: "NEW YORK, April 8 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP filed a class action lawsuit in the United States District Court for the District of Utah, on behalf of all persons who purchased the securities of iMergent, Inc. ('iMergent' or the 'Company') [Amex: IIG] between October 26, 2004 and February 25, 2005, inclusive, (the 'Class Period') against defendants iMergent and certain officers and directors of the Company. The case name is Enuganti v. iMergent, Inc., et al. A copy of the complaint filed in this action is available from the Court, or can be viewed on the Wolf Haldenstein Adler Freeman & Herz LLP website at http://www.whafh.com." (Full article at link)
Haaretz - Israel News - Bank Leumi spared NIS 50m class action over processing fees
Haaretz - Israel News - Bank Leumi spared NIS 50m class action over processing fees: "Tel Aviv District Court Judge Magen Altuvia refused to recognize the motion filed by attorney Arie Reizel as a class action.
Reizel claimed Leumi had no right to charge a fee for processing documents signed to obtain a bridge loan. The plaintiff estimated the class action to be worth about NIS 50 million."
Milberg Weiss Announces The Filing Of A Class Action Suit Against Electronic Arts, Inc., And Certain Of Its Officers and Directors On Behalf of Invest
Milberg Weiss Announces The Filing Of A Class Action Suit Against Electronic Arts, Inc., And Certain Of Its Officers and Directors On Behalf of Investors: "NEW YORK--(BUSINESS WIRE)--April 4, 2005--The law firm of Milberg Weiss Bershad & Schulman LLP announces that a class action lawsuit was filed on March 31, 2005, on behalf of purchasers of the securities of Electronic Arts, Inc. ('Electronic Arts' or the 'Company') (Nasdaq: ERTS) between January 26, 2005 through March 21, 2005, inclusive, (the 'Class Period') seeking to pursue remedies under the Securities Exchange Act of 1934 (the 'Exchange Act').
If you bought the securities of Electronic Arts between January 26, 2005 through March 21, 2005, and sustained damages, you may, no later than May 27, 2005, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as 'lead plaintiff.' Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Milberg Weiss Bershad & Schulman LLP, or other counsel of your choice, to serve as your counsel in this action."
Keller Rohrback L.L.P. Announces Class Action on Behalf of Participants and Beneficiaries of the Delphi Savings-Stock Purchase Program for Salaried Em
Keller Rohrback L.L.P. Announces Class Action on Behalf of Participants and Beneficiaries of the Delphi Savings-Stock Purchase Program for Salaried Employees: "SEATTLE, Wash., April 5, 2005 (PRIMEZONE) -- Keller Rohrback L.L.P. (www.erisafraud.com) today announced that it has commenced a class action against Delphi Corp. ('Delphi' or the 'Company') (NYSE:DPH) for violations of the Employee Retirement Income Security Act of 1974 ('ERISA'). The lawsuit was filed in the United States District Court for the Eastern District of Michigan. The class action focuses on investments in DPH stock by the Delphi Savings-Stock Purchase Program for Salaried Employees (the 'Plan') from May 28, 1999, through March 11, 2005 (the 'Class Period')."
Aerosonic Announces Settlement of Class Action Litigation
Aerosonic Announces Settlement of Class Action Litigation: "CLEARWATER, Fla.--(BUSINESS WIRE)--April 5, 2005--Aerosonic Corporation (AMEX:AIM), a leading supplier of precision flight products for commercial, business and military aircraft, announced today that it and the other parties to the Aerosonic Corporation Securities Litigation filed a Notice of Settlement with the court on April 1, 2005, confirming that all parties had executed a Memorandum of Understanding ('MOU') to settle its pending class action litigation. The MOU defines a total settlement of $5.35 million, of which Aerosonic will pay $800,000. This settlement is contingent upon preliminary and final court approval and could be voided if opt-outs exceed a certain agreed-upon threshold.
'This agreement brings us much closer to resolving this litigation and will allow us to more fully concentrate on growing our business. Our Company's performance has allowed us to adequately prepare for this settlement, and we anticipate being able to satisfy this obligation without adversely affecting our liquidity. We are proud of the manner in which we have conducted our affairs during this difficult process and we sincerely appreciate the confidence and support shown to us by our shareholders, customers and employees throughout this period,' stated David A. Baldini, Chairman, President and Chief Executive Officer."
newsobserver.com | Technology Company files 'pay per click' ad lawsuit
newsobserver.com | Technology: "TEXARKANA, Ark. (AP) - A Texarkana gift shop that advertises on the Internet has filed a lawsuit against America Online, Google, Yahoo and other Web-centered companies alleging they knowingly overcharged the shop and other companies for 'pay per click' advertising.
Lane's Gifts and Collectibles says in a Miller County lawsuit that the Internet companies charged it for advertising traffic not generated by bona fide customers. Lane's Gifts hopes to represent numerous other companies in a class-action lawsuit against the Internet companies."
Shareholder Class Action Filed Against MBIA Inc. By The Law Firm of Schiffrin & Barroway, LLP
Shareholder Class Action Filed Against MBIA Inc. By The Law Firm of Schiffrin & Barroway, LLP: "RADNOR, Pa., April 5 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin & Barroway, LLP:
Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of all securities purchasers of MBIA Inc., (NYSE: MBI - News; 'MBIA' or the 'Company') between August 5, 2003 and March 30, 2005, inclusive (the 'Class Period')."
Health | canada.com Ontario begins fight against class-action lawsuit over second SARS outbreak
Health | canada.com: "TORONTO (CP) - Ontario government lawyers tried to persuade a judge Tuesday to dismiss a class-action lawsuit that alleges health officials called a premature halt to their efforts to stop the spread of SARS before the deadly 2003 outbreak had run its course.
The $600-million suit against the province, the federal government and the city of Toronto was launched last year by nurse Andrea Williams, who contracted SARS during the second phase of the Toronto outbreak in May 2003."
Asbestos laws take effect. 04/04/2005. ABC News Online
Asbestos laws take effect. 04/04/2005. ABC News Online: "New asbestos laws have taken effect in the ACT.
Chair of the Asbestos Taskforce Bill Wood says owners and occupiers of homes are required to pass on knowledge in writing of materials containing asbestos to prospective tenants, buyers, tradespeople and maintenance workers.
Mr Wood says the laws will raise awareness about the safe management of materials containing asbestos and could help reduce the instances of asbestos-related diseases in the future.
'When there's any work that's likely to interfere with materials containing asbestos, they're quite safe in bonded form, but we do need to take care if we're handling those, cutting them, sawing them, and if someone for example is doing a bathroom renovation and there might be AC sheeting under the tiles, care needs to be taken in those circumstances,' he said."
Post-Tasini Class Action Case Settling for Up to $18 Million
Post-Tasini Class Action Case Settling for Up to $18 MillionApril 4, 2005 — Four years after the 2001 ruling in their favor by the Supreme Court in the Tasini case (New York Times Co., Inc., et al. v. Tasini et al.), freelance writers finally have some cash in sight. The finding by the Supreme Court established that publishers and the information industry had to get approval from authors to electronically publish reports. (For coverage of the 2001 victory, read Carol Ebbinghouse’s NewsBreak “Tasini Case Final Decision: Authors Win” at http://www.infotoday.com/newsbreaks/nb010628-1.htm.) In August 2000, 21 authors and three author professional associations—the National Writers Union (http://www.nwu.org), American Society of Journalists and Authors (http://www.asja.org), and the Authors Guild (http://www.authorsguild.org)—filed a class action suit. On March 29, 2005, plaintiffs filed a final motion for court approval of a settlement in the suit against database services and publishers, to which the court gave preliminary approval on March 31. The settlement totals a minimum of $10 million and a maximum of $18 million, less $3.8 million for lawyer’s fees and administrative costs. After the 120-day claim period ends (start date to be scheduled by the final court approval hearing on July 28), no further claims by any freelance writers can be made against the database companies or publishers named for covered infringement of electronic rights.
AWKnowledge.com - Ford loses appeal on class action suit
AWKnowledge.com - Ford loses appeal on class action suit
Law Firm of Baron & Budd, P.C., Files Class Action Lawsuit Against Veeco Instruments, Inc. : Khalsa News Network- KNTimes.com
Law Firm of Baron & Budd, P.C., Files Class Action Lawsuit Against Veeco Instruments, Inc. : Khalsa News Network- KNTimes.com
PRESS RELEASE Vianale & Vianale LLP Files Securities Fraud Class Action on Behalf of Tower Automotive Securities Purchasers
PRESS RELEASE Vianale & Vianale LLP Files Securities Fraud Class Action on Behalf of Tower Automotive Securities Purchasers: "BOCA RATON, FL -- (MARKET WIRE) -- 04/04/2005 -- The law firm of Vianale & Vianale LLP commenced a securities fraud class action lawsuit on April 4, 2005, in Manhattan federal court on behalf of all purchasers of the securities of Tower Automotive, Inc. ('Tower' or the 'Company') (OTC: TWRAQ) between August 14, 2000 and February 1, 2005, inclusive. View the complaint on Vianale & Vianale's website: http://www.vianalelaw.com, or call toll-free 888-657-9960."
Australian IT - Yahoo Japan sued in class action (Correspondents in Tokyo, APRIL 04, 2005)
Australian IT - Yahoo Japan sued in class action (Correspondents in Tokyo, APRIL 04, 2005): "YAHOO Japan has been sued by customers for scams on its site in the nation's first class-action suit seeking compensation from an online auction broker.
A total of 572 people across Japan paid via Yahoo for auctioned items such as liquid-crystal televisions and digital cameras but did not receive the goods, said Noboru Mizuno, who leads the group."
NAMC Legal News and Events - Milberg Weiss Announces the Filing of a Class Action Suit Against iMergent, Inc., and Certain of Its Officers and Directo
NAMC Legal News and Events - Milberg Weiss Announces the Filing of a Class Action Suit Against iMergent, Inc., and Certain of Its Officers and Directors on Behalf of Investors: "NEW YORK, NEW YORK, (NAMC) – The law firm of Milberg Weiss Bershad & Schulman LLP announces that it has filed a class action lawsuit on behalf of purchasers of the securities of iMergent, Inc. (AMEX: IIG; “iMergent” or the “Company” ), between November 30, 2004 and February 25, 2005, inclusive (the “Class Period” ), seeking to pursue remedies under the Securities Exchange Act of 1934 (the “Exchange Act” ). A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss’s website at www.milbergweiss.com"
Class-action status given to trucking- firm suits
Class-action status given to trucking- firm suits: "All sides in several lawsuits against C.H. Robinson Worldwide Inc. have declared themselves happy with rulings issued Thursday by U.S. District Judge Joan Ericksen in St. Paul.
Ericksen certified class-action status for two groups of women employees charging sex discrimination in pay and promotions at the Eden Prairie trucking company. The groups -- 1,300 with pay complaints and 600 with promotions complaints -- could go to court as early as late summer, said plaintiffs' attorney Steven Sprenger."
Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of Investors in Delphi Corporation
Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of Investors in Delphi Corporation: "NEW YORK, April 1 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP filed a class action lawsuit in the United States District Court for the Southern District of New York, on behalf of all persons who purchased the securities of Delphi Corporation ('Delphi' or the 'Company') (NYSE: DPH - News) between April 12, 2000 and March 3, 2005, inclusive, (the 'Class Period') against defendants Delphi and certain officers of the Company."
Notice of Proposed Class Action Settlement In re Bank One Securities Litigation - First Chicago Shareholder Claims Announced by the Law Firm of Susman
Notice of Proposed Class Action Settlement In re Bank One Securities Litigation - First Chicago Shareholder Claims Announced by the Law Firm of Susman, Watkins & Wylie, LLP: "CHICAGO, April 1, 2005 (PRIMEZONE) -- The Law Firm of Susman, Watkins & Wylie, LLP announces a proposed Class Action Settlement on behalf of certain persons and entities who acquired shares of Bank One Corporation ('Bank One') common stock in exchange for First Chicago NBD Corporation ('First Chicago') common stock in connection with the merger between Bank One and First Chicago on October 2, 1998. Set forth below is the Summary Notice ordered by the Court."
News 8 Austin | 24 Hour Local News | HEADLINES | Palmer transformation could begin soon
News 8 Austin | 24 Hour Local News | HEADLINES | Palmer transformation could begin soon: "The first steps transforming Palmer Auditorium into the Long Center for the Performing Arts could begin this month.
Executive Director Cliff Reed said the Long Center will begin advertising for contractors to remove asbestos from the building.
During that process, management will start planning for the second phase, renovating Palmer into a multi-use entertainment facility.
Reed says nearly $59 million, or about 75 percent of the money, has been raised to complete the Long Center Project and provide an endowment for operating expenses."
The Law Firm of Baron & Budd, P.C. Announces Multimillion Dollar Pledge to the International Pleural Mesothelioma Program at Brigham and Women's Hospi
The Law Firm of Baron & Budd, P.C. Announces Multimillion Dollar Pledge to the International Pleural Mesothelioma Program at Brigham and Women's Hospital: "Dallas, TX (PRWEB via PR Web Direct) April 1, 2005 -- In honor of National Asbestos Awareness Day on April 1, 2005, the law firm of Baron & Budd, P.C. has pledged up to $3 million to the International Pleural Mesothelioma Program at Brigham & Women's Hospital. The International Pleural Mesothelioma Program was founded by David J. Sugarbaker, MD, as a response to the growing incidence of mesothelioma, a disease caused by exposure to asbestos. "
NBC11.com - News - SJ Apartment Fire Victims Raise Asbestos Concerns
NBC11.com - News - SJ Apartment Fire Victims Raise Asbestos Concerns: "SAN JOSE, Calif. -- Residents displaced by a large fire in San Jose last week gathered to talk Thursday night about their concerns over possible exposure to asbestos.
Health experts and firefighters provided an update on the potential health risks."
National Underwriter Hot News
National Underwriter Hot News: "NU Online News Service, April 1, 3:58 p.m. EST�A Florida House committee has given its approval to legislation aimed at revising civil litigation rules for cases involving asbestos and silica exposure lawsuits.
Under the legislation voted by the House Civil Justice Committee, known as House Bill 1019, potential plaintiffs in asbestos and silica-related lawsuits will have to meet a minimum level of medical criteria before they are allowed to file suit."
NIT
NIT: "NATIONAL: The signing of a $1.5 billion asbestos compensation settlement by James Hardie Industries may be delayed while the company investigates whether it has to pay victims from a small Aboriginal mining community in NSW.
The building products company has launched a review into whether it is liable for the hundreds of residents and mine workers from the town of Baryulgil, in northern NSW.
James Hardie owned an asbestos mine in the town from 1944 to 1976. The mine closed in 1979."
Asbestos Disease Awareness Organization Recognizes First Asbestos Awareness Day on April 1st - Designated by U.S. Senate
Asbestos Disease Awareness Organization Recognizes First Asbestos Awareness Day on April 1st - Designated by U.S. Senate: "Asbestos Disease Awareness Organization Recognizes First Asbestos Awareness Day on April 1st - Designated by U.S. Senate
WASHINGTON--(BUSINESS WIRE)--April 1, 2005--The Asbestos Disease Awareness Organization (ADAO), an organization dedicated to serving as the voice of asbestos victims, today launched the inaugural Asbestos Awareness Day - to raise public awareness about the dangers of asbestos exposure and asbestos related diseases.
Speakers at today's press conference at the National Press Club included Ms. Linda Reinstein, ADAO Co-Founder & Executive Director; Dr. Richard Lemen, Assistant Surgeon General (Ret.); Mr. Pat Morrison, Health and Safety Director, International Association of Fire Fighters (IAFF); and Mr. Jim Fite, National Secretary, White Lung Association. At the event, ADAO outlined its vision for the next phase of awareness since the passage of Senate Resolution 43 designating April 1st as Asbestos Awareness Day. In addition, Mr. Alan Reinstein, President of ADAO and Mesothelioma survivor, honored Laurie Kazan-Allen (London, England) with the Tribute of Unity Award, Gayla Benefield (Libby, MT) with the Tribute of Hope Award, and Jill Vaughn (Keman, TX) with the Tribute of Inspiration Award."
Chicago Tribune | Asbestos dumped at construction site
Chicago Tribune | Asbestos dumped at construction site: "DOLTON -- Asbestos was dumped illegally at the site of a $22 million multiplex under construction in Dolton, and police are seeking those responsible, Mayor William Shaw said Thursday."
Milberg Weiss Announces the Filing of a Class Action Suit Against iMergent, Inc., and Certain of Its Officers and Directors on Behalf of Investors
Milberg Weiss Announces the Filing of a Class Action Suit Against iMergent, Inc., and Certain of Its Officers and Directors on Behalf of Investors: "NEW YORK--(BUSINESS WIRE)--April 1, 2005--The law firm of Milberg Weiss Bershad & Schulman LLP announces that it has filed a class action lawsuit on behalf of purchasers of the securities of iMergent, Inc. (AMEX: IIG; 'iMergent' or the 'Company'), between November 30, 2004 and February 25, 2005, inclusive (the 'Class Period'), seeking to pursue remedies under the Securities Exchange Act of 1934 (the 'Exchange Act'). A copy of the complaint filed in this action is available from the Court, or can be viewed on Milberg Weiss's website at www.milbergweiss.com
The lawsuit was filed in the United States District Court for the District of Utah against defendants iMergent, Brandon B. Lewis, Robert M. Lewis, Donald L. Danks, David L. Rosenvall, David T. Wise, Peter Fredericks and Thomas Scheiner."
PharmaLive: Barr Says Court Rejects Ciprofloxacin Antitrust Class Action Suits
PharmaLive: Barr Says Court Rejects Ciprofloxacin Antitrust Class Action Suits: "WOODCLIFF LAKE, N.J., March 31, 2005 /PRNewswire-FirstCall/ -- Barr Pharmaceuticals, Inc. today announced that the U.S. District Court for the Eastern District of New York has granted summary judgment in the Company's favor and rejected a challenge to the lawfulness of its 1997 settlement with Bayer Corporation of patent litigation related to the antibiotic Cipro(C). In his decision, the Honorable David Trager rejected the plaintiffs' claims that the 1997 settlement violated antitrust and consumer protection laws by delaying the entry of a generic version of Cipro. Judge Trager noted in his opinion that the settlement was not an unlawful restraint on trade, and instead allowed Barr to introduce a competing version of ciprofloxacin a year earlier than Bayer's Cipro patent otherwise would have permitted."
Stull, Stull & Brody Announces Class Action against Molex
Stull, Stull & Brody Announces Class Action against Molex: "NEW YORK--(BUSINESS WIRE)--March 31, 2005--Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Northern District of Illinois, against Molex Incorporated ('Molex' or the 'Company') (Nasdaq:MOLX) (Nasdaq:MOLXA), on behalf of purchasers of Molex publicly traded securities between July 27, 2004 and February 14, 2005, inclusive (the 'Class Period'). "
Viisage delays annual filing to gauge impact of class action - 2005-04-01
Viisage delays annual filing to gauge impact of class action - 2005-04-01: "Identity and security product manufacturer Viisage Technology Inc. will delay its annual report filing with the U.S. Securities and Exchange Commission to determine how pending litigation will affect the company's financial statements."
BakuToday.Net
BakuToday.Net: "TOKYO (AFP) - Yahoo Japan Corp. has been sued by customers for scams on its site in the nation's first class-action suit seeking compensation from an online auction broker, plaintiffs said. "
Law Firm Shalov Stone & Bonner LLP Announces Class Action Lawsuit Against iMergent, Inc.
Law Firm Shalov Stone & Bonner LLP Announces Class Action Lawsuit Against iMergent, Inc.: "NEW YORK--(BUSINESS WIRE)--April 1, 2005--On April 1, 2005, a class action was commenced on behalf of all persons who purchased the securities of iMergent, Inc. (AMEX: IIG) in the period from October 26, 2004, through February 25, 2005. The complaint is available at www.lawssb.com
The complaint alleges that the defendants made material misrepresentations and omissions of material facts concerning the company's business performance during the relevant time period. According to the complaint, throughout the relevant time period, iMergent represented that it was a prospering software company while it simultaneously concealed that its sales practices violated the laws of many of the states in which it conducts business. The complaint further alleges that iMergent was concealing the full extent of the uncollectability of its installment contracts with its clients, many of which did not meet the company's own credit criteria."
New Developments Since Accounting Fraud Alleged in Expanded Class Action Lawsuit Against Viisage Technology, Inc. Brought by Klafter & Olsen LLP
New Developments Since Accounting Fraud Alleged in Expanded Class Action Lawsuit Against Viisage Technology, Inc. Brought by Klafter & Olsen LLP: "WASHINGTON, April 1 /PRNewswire/ -- Klafter & Olsen LLP has filed a securities fraud class action complaint against Viisage Technology, Inc. ('Viisage') (Nasdaq: VISG - News). Filed in the U.S. District Court for the District of Massachusetts, the complaint asserts claims on behalf of investors who purchased the publicly traded securities of Viisage during the period from July 22, 2004 through and including March 2, 2005 (the 'Class Period'). This lawsuit is different than other lawsuits recently filed by plaintiffs which allege a shorter class period beginning on October 25, 2004. On March 31, 2005, after, Klafter & Olsen LLP filed this lawsuit, Viisage announced that it would delay the filing of its Annual Report for the year ended December 31, 2004 'to provide additional time for the Company, its independent auditors and outside counsel to complete a review of pending litigation involving the Company and to assess their effect, if any, on the Company's financial statements for the year ended December 31, 2004.'"
Lockridge Grindal Nauen P.L.L.P. Announces Shareholder Class Action Lawsuit Against Axonyx, Inc. -- AXYX
Lockridge Grindal Nauen P.L.L.P. Announces Shareholder Class Action Lawsuit Against Axonyx, Inc. -- AXYX: "The complaint charges that defendants Axonyx, Inc., Marvin S. Hausman (CEO and Chairman) and Gosse B. Bruinsma (President, COO, and Vice President) violated sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5, by issuing a series of material misrepresentations to the market during the Class Period. The complaint alleges that Axonyx, a biopharmaceutical company, engaged in two late-stage Phase III clinical trials of Phenserine, an experimental drug for the treatment of mild to moderate Alzheimer's disease. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that the Company's only viable drug candidate, Phenserine, an acetylcholinesterase ('AChE') inhibitor, failed to curb symptoms of Alzheimer's disease; (2) that the Company knew or recklessly disregarded the fact that Phenserine failed to partially block the effects of AChE, an enzyme that breaks down a neurotransmitter in the brain important for memory cognition; (3) that as a consequence of the foregoing, the Company would not be able to commercialize Phenserine, currently its only potential source of revenue; and (4) that as a result the Company's positive statements about the development and potential approval of Phenserine were lacking in all reasonable basis when made."
US Court of Appeals sends class-action lawsuits against cell phone industry back to the lower courts
US Court of Appeals sends class-action lawsuits against cell phone industry back to the lower courts
