A Philadelphia businessman has won a series of court rulings that could clear the way for long-delayed lawsuits seeking more than $70 million against U.S. Bank, which he claims destroyed his company in a dispute over unpaid loans. The cases involve as much as $12 million that businessman Maury Rosenberg owed the bank, which through an affiliate loaned money to his company, National Medical …
In an appeal involving the settlement of four separate class actions under the federal Telephone Consumer Protection Act (TCPA), the U.S. Court of Appeals for the Eighth Circuit recently held that the trial court did not abuse its discretion by electing to use the “percentage-of-the-benefit” method to calculate class counsel’s fee award, as opposed to the “lodestar” method. The Eighth Circuit …
A Los Angeles County woman says Sprint defrauded her and at least 99 other California consumers with false promises of lower rates and three prepaid Visa cards, each worth $350. “Such representations was part of a common scheme to mislead consumers and incentivize them to purchase telephone services in spite of the inhibition brought about by the difficulty of installing them,” Sylvia Nixon …
TO: ALL RECORD AND BENEFICIAL OWNERS OF BROADCOM CLASS A COMMON STOCK WHO OWNED OR HELD BROADCOM CLASS A COMMON STOCK FROM MAY 27, 2015 THROUGH AND INCLUDING FEBRUARY 1, 2016 (THE “CLASS PERIOD”), INCLUDING ANY AND ALL OF THEIR RESPECTIVE SUCCESSORS IN INTEREST, PREDECESSORS, REPRESENTATIVES, TRUSTEES, EXECUTORS, ADMINISTRATORS, HEIRS, ASSIGNS, OR TRANSFEREES, IMMEDIATE AND REMOTE, AND ANY …
What does the Settlement provide? The Settlement provides that Trxade Group, Inc. and Westminster Pharmaceuticals, LLC will pay $200,000 into a Settlement Fund that will include money for Settlement Class Members who submit timely and valid claims, after deducting payment of the costs of administering the Settlement, including the costs of this Notice and attorneys’ fees, costs, and any …
U.S. District Judge Carl Barbier, of the United States District Court for the Eastern District of Louisiana, has sided with the findings of a court-appointed fee committee and awarded $555.2 million to the 107 law firms handling the multi-district litigation (MDL) suit against BP for its role in the Deepwater Horizon tragedy. The committee, whose creation both parties agreed to, …
A federal judge has ordered that attorneys representing private individuals and companies who entered into economic and medical claims settlements with BP stemming from the Deepwater Horizon disaster are entitled to be paid $555.2 million to cover their legal fees and remaining court costs. The award equals about 4.3 percent of the estimated $13 billion that BP is expected to pay under the …
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the company. Now they will be able to bring their case as a group. A federal judge on Sept. 16 ruled that 4.7 million State Farm policyholders can band together to sue the insurer for allegedly lying …
Three years after university trustees dismissed tenured engineering professor Louis Wozniak, the controversy remains alive and kicking but in a different forum – the federal court in Urbana. Dismissed on Nov. 13, 2013, after nearly 50 years on the faculty, Wozniak challenged the decision in a 2015 federal lawsuit alleging that University of Illinois trustees and various officials violated his civil rights. UI lawyers moved to …
A day after Gawker founder Nick Denton told the New York Times he had a “personal hunch” that someone linked to Silicon Valley was funding the onslaught of lawsuits against Gawker Media—which resulted in a potentially …