Legal Industry News
Kidnapper Who Sued His Victims Tops U.S. Chamber’s Annual List of 2011 Most Ridiculous Lawsuits
January 3, 2012
A lawsuit by a kidnapper against his victims for not helping him evade police tops the U.S. Chamber Institute for Legal Reform’s (ILR) survey of the Top Ten Most Ridiculous Lawsuits of 2011, released on Thursday, December 29, 2011. More...
A First: AT&T Mobility to Refund Text Charges for Roadside Assistance Plans in Florida
December 30, 2011
AT&T Mobility has entered into a settlement with the Florida Attorney General’s Office to resolve allegations that its Roadside Assistance plans were charged to Florida customers’ cell phone bills without the customers’ consent. More...
Top Foreign Telecom Firms Settle FCPA Investigation, Agree to Pay a Total of $95 Million in Penalties
December 29, 2011
Magyar Telekom Plc., the largest telecommunications provider in Hungary, and Deutsche Telekom AG, a German telecommunications giant and majority owner of Magyar Telekom, have agreed to pay a combined $95 million criminal and civil penalties to resolve a Foreign Corrupt Practices Act (FCPA) investigation into activities by Magyar Telekom and its subsidiaries in Macedonia and Montenegro, according to officials of the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). More...
Multistate Anti-Trust Investigation Finds Tech Firms Artificially Inflated Prices for LCD Screens Used in TVs, Computer Monitors & Laptops
December 27, 2011
Attorneys General from various states have reached a $553 million multi-state settlement with seven major technology corporations and their corresponding affiliates alleged to have illegally conspired to artificially inflate prices for liquid crystal display (LCD) screens used in televisions, computer monitors, and laptops, according to information released by New York Attorney General Eric T. Schneiderman and Wisconsin Attorney General J.B. Van Hollen. More...
California-Based Attorney Charged in Multi-Million Dollar Stock Fraud
December 23, 2011
An attorney for a South Carolina health care device company, Signalife, was arrested on Dec. 18, 2011, at Los Angeles International Airport on charges related to his alleged role in a multi-million dollar market manipulation fraud scheme. More...
Two Mississippi Lawyers to Serve Long Jail Sentences for Role in One of Largest Commercial Fraud Crimes in State History
December 21, 2011
Charles H. Evans, Jr., 57, of Jackson, Mississippi, was sentenced on Monday, December 19, 2011, to serve 20 years in prison for his role in one of the largest commercial mortgage fraud crimes in the history of the State of Mississippi. More...
UPS Unit Settles Employment Suit After Ninth Circuit Court Ruling on Denial of Sign Language Interpreter for Deaf Worker in Firm Trainings
December 19, 2011
UPS Supply Chain Solutions (UPS SCS) will pay $95,000 to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). More...
Virginia Lawyer at Top Firms Pleads Guilty in $37 Million Insider Trading Scheme Using Information Stolen from Employers
December 16, 2011
A corporate lawyer who previously worked at four prominent international law firms admitted Wednesday to participating in an insider trading scheme that lasted for 17 years, relied on information he stole from his law firms and their clients, and netted more than $37 million in illicit profits. More...
NERA Report: Class Action Suits against Chinese Companies Surge in 2011
December 15, 2011
The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous three years, according to NERA Economic Consulting's semi-annual report, Recent Trends in Securities Class Action Litigation: 2011 Year-End Review, released yesterday. More...
Philadelphia Lawyer Transported to New Jersey to Face Charges that He Stole More Than $1M from Client in Cherry Hill, N.J.
December 14, 2011
Michael W. Kwasnik, a Philadelphia lawyer with offices in Cherry Hill, N.J., has been returned to New Jersey to face charges that he stole more than $1 million from a client, according to case information released by New Jersey State Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor. More...
