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Settlements Aug 24, 2016

Biloxi to Join Lawsuit Seeking More Oil Spill Money

Biloxi plans to join a class-action lawsuit against other companies besides BP that were involved in the 2010 Gulf of Mexico oil spill. The Sun Herald reports that the City Council on Tuesday hired attorneys to file a claim in a class-action lawsuit under the HESI/Transocean Settlement Program.

News Jul 22, 2016

Why Do Securities Class Actions Drag on Once SCOTUS Gets Involved?

When Connecticut State Treasurer Denise Nappier announced Wednesday that the state retirement fund, as the lead plaintiff in a securities class action against the biotech company Amgen, had settled the case for $95 million, I was startled to realize the litigation was still going on. It’s been a while, after all. Investors first sued Amgen all the way back in 2007 for (among other …