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News Mar 30, 2017

Bill Ackman’s Insider Trading Lawsuit May Cost Pershing Square Investors $75 Million

Heads I win, tails you lose… and then you lose some more. That seems to be the story surrounding Bill Ackman’s disastrous near $4 billion loss in Valeant Pharmaceuticals. Ackman’s pharmaceutical foray is mostly over after his hedge fund Pershing Square dumped all of its Valeant shares in mid-March at $11 apiece, or an over 90% loss, cementing one of Wall Street’s biggest-ever investment …

Settlements Oct 28, 2016

Man Crushed by Subway Platform Extender Wins $10 Million in Lawsuit

Hydraulic extenders jut out to meet the 4 train to fill in gaps created by a curve in the Union Square station. ( dalioPhoto /Flickr) Jurors awarded $10 million to the man who survived being crushed between a subway platform extender and a train in the Union Square station in 2010. Michael Dion sued after suffering a commuter’s worst nightmare in December 2010, when he fell into a gap between …