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Lawsuits Oct 28, 2016

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Cognizant Technology Solutions Corporation (CTSH) and Lead Plaintiff Deadline: December 5, 2016

Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Cognizant Technology Solutions Corporation (“Cognizant” or the “Company”) (NASDAQ:CTSH) and certain of its officers, on behalf of shareholders who purchased Cognizant securities from February 25, 2016 through September 30, 2016, both dates …

Legal News Oct 27, 2016

Rush to Courts Feared in Class Actions, at Cost to Business

Rush to courts feared in class actions, at cost to business Share Share via Email Share on Google Plus Post on facebook wall Share on twitter Post to Linkedin Share on Reddit One of the most significant class action judgments has been handed down. Lawyers have warned of a possible “rush” to the courts to file class actions after the full Federal Court gave the green light to controversial …

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Notices Oct 27, 2016

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 …

News Oct 21, 2016

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 …

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Legal News Sep 23, 2016

U.S. Judge Throws Out Madoff $3 Billion Feeder Fund Lawsuit

Jonathan Stempel| NEW YORK NEW YORK A U.S. judge has again thrown out a $3 billion lawsuit by investors in two “feeder funds” that sent money to Bernard Madoff, one of the largest lawsuits tied to his Ponzi scheme, after her original dismissal had been overturned. In a 145-page decision released on Thursday, U.S. District Judge Deborah Batts in Manhattan said the investors lacked standing to …

Lawsuits Sep 23, 2016

Indigenous ‘Stolen Wages’ Class Action Setting a ‘National Precedent’

Queensland class action over unpaid wages for Indigenous people ‘setting a national precedent’ Posted September 23, 2016 12:54:51 Lawyers say a class action in Queensland over unpaid wages to Aboriginal people is setting a national precedent, as dozens more come forward in other states to say they were not paid properly. Key points: More than 300 people are suing the Queensland Government in …

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News Sep 21, 2016

After Flint Threatened Water Lawsuit, State Removed City’s Power to Sue

Days after Flint Mayor Karen Weaver served notice that her city might file a lawsuit against the State of Michigan over the Flint drinking water crisis, the state removed Flint’s ability to sue. Though Flint has not been under a state-appointed emergency manager since April 2015, the state still exerts partial control over the city through a five-member Receivership Transition Advisory Board, …

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Class-Actions Sep 21, 2016

Simmons Hanly Conroy Files Class Action Complaint Against Ford Motor Co. Over Spontaneously Exploding, Panoramic Sunroofs

The action seeks national and state class certification, injunctive relief, and damages on behalf of plaintiffs and others who bought or leased a Ford, Lincoln, or Mercury vehicle with a sunroof that spontaneously shattered. “We trust that the vehicles we choose to drive will keep us and our families safe from accidents, including those caused by defects that car manufacturers have incorporated …

Superstorm Sandy - flooded cabs

News Sep 14, 2016

The Louisiana Connection to the Superstorm Sandy Litigation

In the wake of the historic August flood, there has been a renewed interest locally in the plight of flood victims of Superstorm Sandy, which ravaged the East Coast in 2012. Some four years later, thousands of homeowners there have yet to complete repairs to their property, and tens of millions of dollars have been spent on litigation that has brought to light evidence not only of mismanagement …