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Class-Actions May 13, 2019

Class-Action Lawsuit Filed Against Owner of TurboTax

A class-action lawsuit was filed Sunday against TurboTax owner Intuit, alleging that the company breached an agreement with the IRS by diverting taxpayers away from its free-filing program.“ The victims of this scheme were intentionally misled and deprived of the opportunity to make an informed decision about their tax-filing service,” Eric Gibbs of Gibbs Law Group LLP, one of the lawyers representing the plaintiffs, said in a statement. The law firms that filed the complaint said their case is the first nationwide class-action suit filed against Intuit over the free-filing issue.

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News May 15, 2017

IRS Officials Say Testimony Could Endanger Them in Tea Party Lawsuit

IRS officials facing a Tea Party lawsuit over alleged targeting say their lives would be in danger if they testify publicly. The federal lawsuit in Cincinnati is one of several filed against the IRS over its handling of applications for tax-exempt status from conservative groups. Lois Lerner and Holly Paz have indicated in court filings that they received death threats and have …

News Nov 11, 2016

Questions Raised About Official IRS Non-Profit Status of ADA Serial Lawsuit Filers

Valley attorneys and business owners are raising questions about the non-profit status of a controversial group that’s become the nation’s most prolific filer of disability lawsuits. Advocates for Individuals with Disabilities (AID) has filed more than 1,700 lawsuits in the Phoenix area since February. Almost all of the lawsuits are filed over signage issues in parking lots and allege …

Securities Sep 12, 2016

IMET Fallout Continues With Lawsuit Against USDA –

The Illinois Metropolitan Investment Fund ran into trouble a couple years ago when one of the funds they invested in fraudulently squandered the public funds. Initially, the estimate of recovery of funds was believed to be somewhere above 80%, but was later downgraded to 47.6% of the original value of the FFF …

Legal News Aug 25, 2016

Feds Must Respond to Lawsuit Claiming IRS “Peeping Toms” Raided Health Records

More than three years ago, a mysterious company filed a mysterious lawsuit against “John Does 1-15” with a pretty outrageous claim. The lawsuit alleged that the IRS raided the company on March 11, 2011, and that agents in the course of an investigation of a former employee stole more than 60 million medical records of more than 10 million Americans. “After being put on notice of the illicit …

News Aug 16, 2016

Emails Heat Up Lawsuit Over Sale of Pacers Stake

Attorneys for the IRS have gotten their hands on an email that appears to buttress their case that Herb Simon received a sweetheart deal when he acquired his ailing brother Mel’s 50 percent ownership in the Indiana Pacers in early 2009, just a few months before Mel died at age 82. Whether Mel got full value for his stake matters because, if he didn’t, Herb effectively received a massive …

News, Securities Jun 23, 2016

City of Philadelphia Files Class Action Antitrust Lawsuit Over Interest Rate Swaps as Part of MDL

Recently, the City of Philadelphia initiated a class action lawsuit in Illinois federal court against a number of world financial institutions, claimed they violated federal antitrust law in colluding to prevent the purchase and sale of interest rate swaps (IRS). The lawsuit, filed May 23, claims Bank of America Corp, J.P. Morgan Chase & Co., Merrill Lynch, Goldman Sachs and a host of …

Lawsuits Mar 24, 2016

Federal Appeals Court Slams IRS in Tea Party Case, Demands Documents

In a blistering rebuke of the IRS, a Cincinnati-based federal appeals court has ordered the tax-collecting agency to quit stalling and produce the names of organizations it targeted based on their political leanings. The unanimous ruling by a three-judge panel of the U.S. Court of Appeals for the 6th Circuit gave the IRS two weeks to turn over the documents sought as part of a class-action …