Stephens

Settlement ‘Framework’ Reached in Lawsuit Over Michigan School Closures

The state of Michigan and several school districts have “achieved a broad framework” to settle a lawsuit in which the districts say the state acted unlawfully by threatening to close low-performing schools in their districts. Michigan Court of Claims Judge Cynthia Stephens on Tuesday morning said both sides have “engaged in intense settlement conversations seeking to serve the best interest of …



PBSO Arrests Man Who Won $22.4M Lawsuit After Being Shot

Dontrell Stephens faces multiple drug-related charges, including selling heroin, marijuana and cocaine, according to Palm Beach County Jail records. Details about the arrest, including where the sale allegedly occurred, were not immediately available Thursday evening. Jack Scarola, Stephens’ attorney during the civil trial, said that since the sheriff’s office appealed the federal jury’s …


Moore Stephens Wins Key Ruling on Audit Opinions

Moore Stephens’ Hong Kong firm won a victory in a New York federal appeals court on a case that could have a far-reaching impact on class-action lawsuits involving audit reports. The U.S. Court of Appeals for the Second Circuit affirmed last Friday prior rulings in a securities class-action lawsuit against Moore Stephens Hong Kong for its audits of Puda Coal, a publicly traded, U.S.-listed …