The parents of two children killed in the Sandy Hook Elementary School massacre are offering to settle their wrongful death lawsuit against Newtown and its school system for $5.5 million apiece.
Federal court asked to revive lawsuit over Alta’s snowboarding ban SALT LAKE CITY — A federal appeals court is being asked to revive a lawsuit filed against Alta Ski Area and the U.S. Forest Service over the ski resort’s historic ban on snowboarding. In a petition with the 10th U.S. Circuit Court of Appeals in Denver, a group of snowboarders calling themselves “Wasatch Equality” ask the federal …
A federal civil rights lawsuit was filed Friday June 10, 2016 on behalf of Eugene Jimerson, the brother of former major league baseball player Charlton Jimerson. Hayward police face …
Future can’t seem to catch a break when it comes to people claiming he owes them millions upon millions of dollars. The latest to file a lawsuit against Future is his fellow rapper, Rocko, who is suing Future for $10 million. Their beef dates back to the early days of Future’s career when he was signed as one of Rocko’s artists.
On June 2, 2016, a class action lawsuit was filed in the United States District Court for the Eastern District of North Carolina against TransEnterix, Inc. (NYSE: TRXC). 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 …
HSBC said it will pay $1.57bn to end a class action lawsuit over its 2003 purchase of Household International that could have exposed it to $3.6bn in payouts. The bank said it would take a pre-tax charge of around $585m in the second quarter. HSBC merged Household International with another unit to …
Editor’s note: Billionaire Peter Thiel’s involvement in the infamous Gawker privacy case has renewed interest in litigation finance, an relatively esoteric corner of alternative investments that involves bankrolling lawsuits in return for a piece of any monetary judgements. As explained by Edward Truant, principal of commercial litigation finance specialist Balmoral Wood Litigation Finance, the …
Louisiana businessman Nicholas Perioux, a former Trump University student, doesn’t want anything to do with a class action lawsuit filed against the presumptive Republican nominee. He filed an exclusion request form, which was entered into the court docket Thursday. Perioux was considered part of the Trump University “class.” He would have been eligible for any potential settlement or jury …
HSBC has agreed to pay $1.58bn (£1.11bn, €1.4bn) to resolve a US shareholder class action lawsuit that was filed in 2002. The lawsuit had stemmed from HSBC’s 2003 acquisition of US subprime group, Household International. The 14-year-old lawsuit by Household’s shareholders …
US firm Akin Gump has strengthened its West Coast litigation capabilities by adding Neal R. Marder, a specialist in business and commercial litigation, as a partner in its Los Angeles office. Washington, DC-based law firm Akin Gump Strauss Hauer & Feld has given itself something to smile about after four of its IP partners decamped to Vinson & Elkins, prompting it to close its Austin office, …