2015

City of Hannibal, BPW File for Change of Venue in Class-Action Lawsuit

The City of Hannibal and the Hannibal Board of Public Works have filed a motion for a change of venue in a class-action lawsuit leveled against the two entities. The motion was filed in the 10th judicial circuit on Tuesday, April 26. If approved, action in the lawsuit — which alleges the BPW failed to provide potable water to customers, exposing them to “probable human carcinogens” — would take …



Accounting Class-Action Filings Rose Again in 2015

A new report from Cornerstone Research indicates that securities class-action filings with accounting allegations rose for the third consecutive year. According to Accounting Class Action Filings and Settlements – 2015 Review and Analysis, the 71 filings last year exceeded the average over the past decade of 67 filings. There were 69 accounting-related case filings in 2014.


INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Class C Shareholders of NRG Yield, Inc. Of Class Action Lawsuit- NYLD

The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired NRG Yield, Inc. (“NRG Yield” or the “Company”) (NYSE:NYLD) Class C common stock pursuant and/or traceable to the Company’s Class C stock offering completed on June 29, 2015. You are hereby notified that a securities class…


SHAREHOLDER ALERT Levi Korsinsky, LLP Notifies Shareholders of Apigee Corporation of Class Action Lawsuit – APIC

NEW YORK, April 12, 2016 — The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Apigee Corporation (“Apigee” or the “Company”) (NASDAQ:APIC) pursuant or traceable to the Company’s April 24, 2015 initial public offering. You are hereby notified that a securities action has been commenced in the Superior …


TCPA FCC Petitions Tracker

Kelley Drye’s Communications Practice Group presents this tracker of active Telephone Consumer Protection Act (“TCPA”) petitions before the Federal Communications Commission (“FCC”). With the recent increase in litigation regarding alleged violations of the TCPA, many issues relating to the interpretation of the statute have been presented to the FCC by impacted parties. These petitions can be …


Angry Volkswagen Investors Are Coming After VW With $3.61 Billion Lawsuit

CEO Matthias Mueller makes a statement, following a meeting ahead of deadline to inform U.S. regulators on plans to comply with standards, at the VW factory in Wolfsburg, Germany November 20, 2015. Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty …


VW Investors File Multi-Billion Dollar Suit in Germany

Almost 300 institutional investors in Volkswagen have filed a multi-billion dollar suit against the carmaker for what they claim were breaches of its stock market duty in the emissions cheating scandal. The lawsuit, for damages of €3.3bn ($3.6bn), was filed at a regional court in Braunschweig in VW’s home state of Lower Saxony on Monday and is being brought by 278 investors from all over the …


Freeport Outlook Dims as Oil Drop Compounds Debt Woes

Phoenix-based mining giant Freeport-McMoRan has endured a riches-to-rags turnaround. Things might stay depressed for a while longer. Freeport-McMoRan(Photo: Courtesy of Freeport-McMoRan)
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Three years ago, the roughly 4-percent dividend yield paid by Freeport-McMoRan Inc. looked like a pretty good deal — and plenty safe.