Potential

How to Make Sure a Lawsuit Doesn’t Take Down Your Business

Your business has been performing well for years, turning a profit and continuing to grow. Then, out of the blue, you get served with a lawsuit. If you aren’t prepared for this scenario, you’re putting your business in jeopardy. Asset protection is a near 50-year-old specialization of debtor-creditor law, where niche business attorneys and consultants will seek to structure business and personal assets in such a fashion to where they become somewhat invulnerable to creditor civil judgments. It’s important to note, however …


Cryptsy Class Action Lawyers Launch New Claims Site

The legal team behind the class action lawsuit against defunct digital currency exchange Cryptsy has launched a new site in a bid to locate potential claimants. The site, CryptsySettlement.com, details the process by which affected customers of the exchange can submit a claim or to request an exclusion – an option potentially preferred by those hoping to launch their own litigation related …


Westar Settlement Opens Opportunity for Bidding War

Eight bidders not selected to purchase Westar Energy will be able to submit new bids based on a settlement agreement reached this week in a class action lawsuit filed in July in Shawnee County. Westar and Great Plains Energy settled with plaintiffs in all three lawsuits filed against the companies regarding the proposed acquisition of Westar by GPE, according to a Securities and Exchange …


Netflix Target of Potential Class Action Lawsuit Over Alleged Misleading of Shareholders

San Diego law firm Finkelstein & Krinsk LLP announced today that it is investigating a potential class action lawsuit against Netflix on behalf of current and former shareholders over alleged false and misleading business information issued by the streaming service’s executive officers. In an email to VideoInk, Finkelstein & Krinsk LLP CEO Jeffrey R. Krinsk said that the potential suit would …



Calif. Lawyers Mull Class Action Suit to Hold Carolinas HealthCare ‘accountable’

Two months after the federal and state governments sued Carolinas HealthCare System over alleged antitrust violations, a San Francisco-based plaintiffs’ law firm has announced it’s looking for people who might have been harmed and could sue for related damages. In a notice on its website, the 65-lawyer firm of Lieff Cabraser Heimann & Bernstein says it’s investigating the Charlotte-based …



Do You Have to Disclose a Government Investigation? Practical Considerations, Legal Standards, and Recent Case Law

After receiving an inquiry from a government agency, such as a subpoena, a Civil Investigative Demand (“CID”), or an informal request for information, public companies ask whether they must disclose publicly that they may be under investigation. A corollary question to public disclosure is how broadly to disclose internally, to lenders, or to D&O insurers. The standards for disclosing …