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Mar 1, 2018

Notices, Securities Mar 2, 2018

Important Investor Alert for All Owners of Quantum Corporation

Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Quantum Corporation (“Quantum” or the “Company”) (NYSE:QTM) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Quantum securities between May 10, 2016 and February 7, 2018 (“Class Period”), both dates inclusive. Investors who have incurred losses in shares of Quantum Corporation

Securities Mar 2, 2018

ALERT: Rowley Law PLLC Is Investigating Proposed Acquisition of PHH Corporation

Rowley Law PLLC is investigating potential claims against PHH Corporation (NYSE: PHH) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Ocwen Financial Corporation. Stockholders will receive $11.00 for each share of PHH Corporation stock that they hold. The transaction is valued at approximately …

Legal News Mar 1, 2018

Judge Tosses Out That Defamation Lawsuit Against HBO and John Oliver

A West Virginia judge has granted HBO and John Oliver’s request to have a defamation suit against them dismissed, according to The Hill. The case in question was brought against Oliver by coal CEO Bob Murray, who the comedian heavily mocked on a 2017 installment of his HBO series, Last Week Tonight. Murray threatened to sue Oliver for his comments’ which ranged from accusations …

Settlements Mar 1, 2018

VW Settles Dieselgate Lawsuit Just Days Before Trial

Today was supposed to mark the beginning of the first trial over Volkswagen’s Dieselgate scandal. But on Friday, the German automaker struck a settlement with the plaintiff before the proceedings got underway, reports Reuters.
The settlement follows a failed attempt by Volkswagen to delay the trial because of comments made by the plaintiff’s attorney in a Netflix series that seemed to draw a parallel between VW-funded monkey experiments and the Holocaust. …

News Mar 1, 2018

Tennis Star Bouchard Feels ‘Relieved’ After Lawsuit Settlement

Canadian tennis star Eugenie Bouchard has said that she is feeling relaxed and happy after her lawsuit settlement with the United States Tennis Association (USTA) that runs the US Open. Bouchard took to Twitter to say, “After 2.5 years, my lawsuit against the USTA is finally over.” The 23-year-old recently won the liability phase of the trial where she …

Lawsuits Mar 1, 2018

Suspected Crypto Ponzi Scheme Bitconnect Hit With Yet Another Lawsuit

Bitconnect is being sued yet again, according to a document filed today with the US District Court of Northern California. This lawsuit, to the best of our knowledge, is the sixth brought against the company since its abrupt closure in mid-January. On its face a crypto exchange and lending venture, Bitconnect was widely considered—even among the often pie eyed digital token enthusiast …

Lawsuits Mar 1, 2018

UA Fraternity Sued Over Shared Photos; Woman Accuses Members of Emailing Sexually Explicit Images

A lawsuit filed Friday claims Lambda Chi Alpha fraternity should be held responsible for sexually explicit photographs taken without consent and then distributed to an email network for University of Arkansas, Fayetteville fraternity members. The woman suing the national organization — Lambda Chi Alpha Fraternity Inc. — and the UA fraternity chapter — Gamma Chi Zeta of Lambda …

Opinion Mar 1, 2018

Should Insurers Even Be Writing D&O Coverage for Sexual Misconduct Claims?

Why are insurers writing D&O coverage for allegations involving sexual misconduct, which is not really an “accident,” but rather an intentional act that is typically excluded from coverage? The question came up last Thursday at a PLUS Canada event in Toronto featuring Kevin LaCroix, author of the U.S.-based ‘D&O Diary’ blog. The panel discussion was moderated by Brian Rosenbaum, national …