Law

Class-Actions Feb 20, 2017

IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Under Armour, Inc., and Encourages Investors With Losses to Contact the Firm

Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Under Armour, Inc. (“Under Armour” or the “Company”) (NYSE: UAA). Investors, who purchased or otherwise acquired shares between April 21, 2016 and January 30, 2017 inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the April 10, 2017 lead …

Legal News Feb 17, 2017

Federal Judge Sanctions Texas in Voter Registration Lawsuit

A federal judge has ordered sanctions against the state of Texas for blowing past deadlines and ignoring a court order to hand over thousands of pages of documents in a lawsuit challenging its voter registration practices. Texas Attorney General Ken Paxton’s office’s “months-long delay” in producing the documents “has been disruptive, time consuming, cost consuming” and has burdened plaintiffs …

Lawsuits Feb 14, 2017

Black North Carolina Residents Face Racial Bias When Voting, New Lawsuit Says

A civil rights committee and two law firms filed a lawsuit Monday seeking voting rights for Black residents in North Carolina, reports USA Today. From USA Today: In a bid to create a better chance for black residents of rural areas to get elected to local office, a team of civil rights and private lawyers has filed what one prominent civil rights organization calls the first major voting rights …

Class-Actions Feb 14, 2017

Class Action Against InterCoast Career Institute Likely to Turn on Statutory Violations, Attorney Says

Lack of clearer allegations about accreditation could be a weak spot in the $5 million putative class action lawsuit filed in Maine by four former nursing students, a New York-based business law and litigation attorney said during a recent interview. “I was disappointed that the complaint did not more clearly spell out the alleged misrepresentation regarding …

Legal News Feb 10, 2017

For the First Time, Court Requires “litigation Funders” to Be Disclosed — but Only in Class Actions

On January 26, the U.S. District Court for the Northern District of California became the first court to mandate disclosure of litigation funding that parties in class actions receive from outside sources, under a revision to the court’s standing order applicable to all cases. The rule provides that “in any proposed class, collective or representative action, the required disclosure includes …

Notices Feb 10, 2017

Vista Outdoor, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe Investigates Possible Breaches of Fiduciary Duty by Officers and Directors

Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, announces that a federal class action lawsuit has been filed against Vista Outdoor, Inc. (“Vista” or the “Company”) (NYSE: VSTO) and several officers and directors for acts taken during the period of August 11, 2016 and January 13, 2017 (the “Class …

News Feb 10, 2017

Top Missouri Senator Seeks Overhaul of Consumer Law

Missouri’s Republican Senate leader is proposing a sweeping overhaul of a state consumer-protection law that’s being used in a class-action lawsuit against the company of one of his largest donors. Senate President Pro Tem Ron Richard told reporters Thursday that close to $300,000 in campaign donations he’s received since 2011 from the wealthy Humphreys family didn’t …

Legal News Feb 10, 2017

Microsoft’s Lawsuit Against Secret Searches Can Proceed

A federal judge declined to dismiss a lawsuit filed by Microsoft that claims a law that prohibits technology companies from telling customers when the government demands their electronic data is unconstitutional. In ruling against the government’s motion to dismiss, U.S. District Judge James Robart agreed with Microsoft’s argument that the law violates the company’s First …

Lawsuits Feb 10, 2017

Georgia Pays $225,000 to Settle Lawsuit Alleging Religious Discrimination

State officials have confirmed that they have settled for $225,000 a lawsuit filed by a hiring prospect who alleged a job offer was withdrawn after videos of his sermons against homosexuality and evolution surfaced. But state officials deny the sermons had anything to do with the decision to withdraw the job offer and admit no wrongdoing. …

News Feb 9, 2017

DOL Fiduciary Rule Class-Actions Costs Could Top $150M a Year

Assuming the Department of Labor’s fiduciary rule survives the river of legal and legislative challenges, the brokerage industry should expect to absorb between $70 million and $150 million annually in class-action litigation costs. The price-tag range, calculated by Morningstar senior equity analyst Michael Wong, is on top of the $1.5 billion annual cost to the industry, as estimated by the …