Aug 1, 2016

Liberty Twp. Soliciting Curfew Lifted Under Threat of Lawsuit

Facing a federal lawsuit, Liberty Twp. trustees have extended the hours solicitors are allowed to come knocking on doors. Board President Tom Farrell told the Journal-News that summer hours, from May through September, will be extended to 9 p.m. Winter times, from October through April, will be extended to 6 p.m., he said.



Jane Doe 4 Files Lawsuit Against Allen Large, HCPD Supervisors

Evans Moore LLC in Georgetown filed a lawsuit Monday on behalf of Jane Doe-4 alleging a former detective sexually assaulted her and provided her money and access to drugs. The lawsuit was filed against former detective Allen Large, Horry County, HCPD, Saundra Rhodes, Scott Rutherford, Thomas Delpercio, William Squires and Dale Buchanan. According to the suit, Jane Doe …


Seventh Circuit Brands Disclosure-Only Settlement a “Racket” and Endorses Delaware Court of Chancery’s Stricter Standard for Approval of Disclosure-Only Settlements

In a 2-1 decision, the Seventh Circuit has joined the Delaware Court of Chancery’s call for enhanced scrutiny of “disclosure-only” M&A settlements that involve no monetary benefits to shareholders. As previously discussed here, M&A litigation, typically alleging breach of fiduciary duty by directors and insufficient disclosures, often ends in settlement, with defendants agreeing to provide …


Women Secretly Recorded Nude by DC Rabbi Seek $100M in Lawsuit

A group of women who were unknowingly videotaped by a D.C. rabbi as they took part in a religious ritual bath are suing him and affiliated organizations, and on Tuesday announced that they are seeking $100 million. The lawsuit was also amended Tuesday to include the Beth Din of America, an Orthodox court that oversaw Rabbi Barry Freundel. Related Stories The changes to the lawsuit …


NFL Mum on Hall of Fame Game lawsuit

Five days ago, a nationwide class-action lawsuit was filed against the Hall of Fame and the NFL for the cancellation of the annual preseason game in Canton, Ohio. To date, the NFL has said nothing about it. More than a day after PFT requested comment from the league regarding the litigation and the unique settlement offer made by lawyer Michael Avenatti on Monday morning, the NFL has not …


INVESTOR NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit Against SunPower Corporation and Encourages Investors With Losses to Contact the Firm

Goldberg Law PC (the “Firm”) announces that a class action lawsuit has been filed against SunPower Corporation (“SunPower” or the “Company”) (Nasdaq: SPWR). Investors who purchased or otherwise acquired shares between February 17, 2016 and August 9, 2016 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the October 17, 2016 lead …


Lawsuits Bring 401(k) Fees Into Question

Is 401(k) fee litigation over? Now that many of the cases contending that large 401(k) plans paid too high fees have been settled or decided, it would be tempting for plan sponsors that haven’t been sued to breathe a sigh of relief. They should not do so, because litigation continues unabated with new theories and targets.


State Street Sees Double Whammy of Op Risk Losses

Megan van Ooyen is a senior associate business operations specialist in the OpRisk Global Data group at SAS in North Carolina It’s been two years since the peak of the regulatory fallout from residential mortgage-backed securities. Since then, regulatory fines and settlements, which tend to result in the largest operational risk losses for financial services firms, have largely settled down. …