Reed

Lawsuits Aug 21, 2017

On Social Media, Not All Speech Is Free

Got a neat photo you want to post on Instagram? Can’t wait to share a joke about someone on your Facebook page? Angry over a botched brake job and anxious to spout off about it? You might want to think twice before you post. Just ask Jahmel Binion, the local man who sued NBA great Shaquille O’Neal three years ago for mocking his rare medical condition, ectodermal dysplasia, in an online post. “I was just shocked,” Binion, 26, said about the posting, which included …

Settlements Jul 30, 2016

Modesto to Pay $850,000 to Settle Police Lawsuit

Modesto has agreed to pay $850,000 to settle a federal lawsuit filed against the city that claimed one of its officers used excessive force and was negligent when he shot a distraught, suicidal man armed with a pocketknife in 2010. The shooting left Brian Reed, 46 – a former truck driver and dispatcher – disabled and with cognitive deficits because of the lack of oxygen to his brain after being …

News, Securities Jul 22, 2016

Money Managers With In-House 401(k) Plan Options at Risk of Employee Lawsuits: Lawyers

Asset managers that limit employee retirement plan investment choices to proprietary, in-house mutual funds are putting a legal target on their backs, attorneys said. In the context of a rash of lawsuits by employees against financial services companies alleging breach of fiduciary duty in managing 401(k) plans, asset management companies that populate their retirement plans solely with house …