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Litigation

News Aug 25, 2016

Peter Thiel & Y Combinator Fund a “Litigation Financing” Startup to Make Money Off Other Peoples’ Lawsuits

Legalist is a startup founded by Thiel Fellow Eva Shang and Christian Haigh, backed by Y Combinator: it will use data-mining to identify people who have been legally wronged by deep-pocketed aggressors and offer to finance their litigation in return for a share of the winnings. report this ad This tactic, called “champerty,” used to be illegal, but as it has morphed into the more thrusting, …

Corrections Corporation of America (CXW)

Lawsuits Aug 24, 2016

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Corrections Corporation of America (CXW) & Lead Plaintiff Deadline: October 24, 2016

Corrections Corporation, founded in Nashville Tennessee, owns, operates and manages private correctional and detention facilities in the United States. The company also provides inmate residential and prisoner transportation services for governmental agencies. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding Corrections …

News Aug 24, 2016

A Startup Is Automating the Lawsuit Strategy Peter Thiel Used to Kill Gawker

Did you look at Peter Thiel’s systematic destruction of Gawker via the American legal system and think “Wow, it’s too difficult to extract money from corporations and people using the courts?” Did you think, “Why don’t I try that?” If you answered yes to either question, there’s a startup you should meet. Legalist is a Silicon Valley startup that was developed in the Y Combinator incubator offering …

Lawsuits Aug 17, 2016

NFL Mum on Hall of Fame Game lawsuit

Five days ago, a nationwide class-action lawsuit was filed against the Hall of Fame and the NFL for the cancellation of the annual preseason game in Canton, Ohio. To date, the NFL has said nothing about it. More than a day after PFT requested comment from the league regarding the litigation and the unique settlement offer made by lawyer Michael Avenatti on Monday morning, the NFL has not …

Notices Aug 10, 2016

SHAREHOLDER ALERT: Bronstein, Gewirtz &Amp; Grossman, LLC Reminds Investors of Class Action Against K12 Inc. (LRN) and Lead Plaintiff Deadline: September 19, 2016

Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares of K12, Inc. (“K12” or the “Company”) (NYSE: LRN) during the period between November 7, 2013 and October 27, 2015, inclusive (the “Class Period”). This class action seeks to recover damages against Defendants …

Settlements Jul 11, 2016

HSBC Holdings to Settle Household International Class Action Lawsuit

HSBC Holdings PLC’s (NYSE:HSBC) restructuring effort could be affected by increased litigation charges, in addition to new proposed regulation by the Basel Committee, for estimating operational risk. HSBC’s unit HSBC Finance Corp has agreed to settle the shareholder claims related to Household International, which are 14-years old, for the payment of worth $1.575 billion. HSC spokesman Rob …