Class

Class-Action Attorneys Awarded $555.2 Million for Work in BP Lawsuits

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 …


IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Taro Pharmaceutical Industries Ltd. And Encourages Investors With Losses to Contact the Firm

Lundin Law PC , a shareholder rights firm, announces a class action lawsuit has been filed against Taro Pharmaceutical Industries (“Taro” or the “Company”) (NYSE: TARO) concerning possible violations of federal securities laws between July 3, 2014 and September 9, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class …


IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Biogen Inc. And Encourages Investors With Losses to Contact the Firm

IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Biogen Inc. and Encourages Investors with Losses to Contact the Firm Lundin Law PC , a shareholder rights firm, announces a class action lawsuit has been filed against Biogen Inc. (“Biogen” or the “Company”) (Nasdaq: BIIB) concerning possible violations of federal securities laws between July 23, 2014 and …


SDI Settles Class Action Lawsuit

Steel Dynamics Inc., a steel producer headquartered in Fort Wayne, Indiana, has entered into an agreement to settle the direct purchaser class action litigation, Standard Iron Works v. Arcelor Mittal, et al, for $4.6 million. The lawsuit was brought in Chicago federal court in 2008 by a class of direct steel purchasers, alleging that the company, among other steel producers, had participated in …


Lac-Megantic Disaster Train Driver, Owner Added to Class Action Lawsuit

Thomas Harding, Montreal Maine and Atlantic Canada Co. (MMAC), and Canadian Pacific Railway are now the three official defendants. “(These two respondents) were the last piece of the puzzle and we believe they will provide the court with the entire perspective that is needed,” he said. Harding’s lawyer was not immediately available for comment.


Federman & Sherwood Reminds Investors of Imminent Lead Plaintiff Deadline in Securities Class Action Lawsuit Against Polaris Industries, Inc.

On September 16, 2016, a class action lawsuit was filed in the United States District Court for the District of Minnesota against Polaris Industries, Inc. (NYSE: PII). Federman & Sherwood reminds current and former shareholders of Polaris Industries, Inc. that they only have until Tuesday, November 15, 2016 to move the court for appointment as a lead plaintiff …


SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Pilgrim’s Pride Corporation (PPC) & Lead Plaintiff Deadline

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Pilgrim’s Pride Corporation (“Pilgrim’s Pride” or the “Company”) (NASDAQ: PPC ) and certain of its officers, on behalf of shareholders who purchased Pilgrim’s Pride securities between February 21, 2014 and October 6, 2016 …


Settlement Reached in Lawsuit Related to Kanawha County Water Crisis

A settlement has been reached in a class action lawsuit related to the Kanawha Valley water crisis back in 2014. That’s when there was a chemical spill at Freedom Industries in Charleston that impacted drinking water for hundreds of thousands of people in nine counties. A class action lawsuit was filed against Eastman Chemical and West Virginia American Water after …


Opinion: DOL Fiduciary Rule Promotes a ‘Business Form of Skydiving’

The possibility of death always confronts skydiving thrill-seekers. Even with the most extreme degrees of caution — having top-notch equipment, ensuring for good weather — jumping out of a plane carries a certain level of risk. The Labor Department’s fiduciary rule is similar, in that the specter of litigation lurks no matter the compliance caution taken by brokerages and other financial …


Philadelphia Police Becomes Target of Legal Battle Over Speeding Tickets

The Philadelphia Police Department transferred the patrols of city highways to the Pennsylvania State Police in 2007 to help free up work flow. Jurisdiction was essentially shared until 2012 when a speed enforcement agreement was discontinued. Since then, speeding tickets on limited access highways such a Interstate 76, 676 and 95 should be issued solely by the Pennsylvania …