Jul
29
California High Court: Taxpayers May Bring Class Claims Against Local Government
July 29, 2011 | Leave a Comment
SAN FRANCISCO – Taxpayers may bring class action claims against a local government under Government Code 910, a unanimous California Supreme Court ruled July 25, reversing a Court of Appeal judgment (Estuardo Ardon v. City of Los Angeles, No. S174507, Calif. Sup.; 2011 Cal. LEXIS 7681). LexisNexis® Mealey’s™ Daily Legal News
Jul
26
Federal Jury Awards $ 10M To Parents For Death Of Son Who Was Shot By Taser
July 26, 2011 | Leave a Comment
CHARLOTTE, N.C. – A federal jury in North Carolina on July 19 returned a $ 10 million verdict for the family of a teen who died after being shot by a Taser device by a police officer, finding that the product was sold with inadequate warnings and instructions (Tammy Lou Fontenot, et al. v. Taser [...]
Jul
23
Wells Fargo To Pay Federal Reserve Board $ 85M Over Subprime Loan Issuance Scheme
July 23, 2011 | Leave a Comment
WASHINGTON, D.C. – Wells Fargo & Co. on July 20 agreed to pay $ 85 million to the Federal Reserve Board to resolve claims that one of its defunct subsidiaries and several of its employees altered or falsified customer income documents in an effort to steer them into subprime mortgage loans even though they may [...]
Jul
17
R.I. High Court Vacates Ruling In Insurer’s Favor In Contamination Coverage Suit
July 17, 2011 | Leave a Comment
PROVIDENCE, R.I. – There are several material disagreements regarding what occurred from the time an insured’s quarrying operation began in or about 2001, the Rhode Island Supreme Court found July 12, vacating and remanding a lower court’s grant of a commercial general liability insurer’s motion for partial summary judgment as to coverage for an underlying [...]
Jul
14
Mississippi Top Court Stays Proceedings In Record-Setting Asbestos Case
July 14, 2011 | Leave a Comment
JACKSON, Miss. – The Mississippi Supreme Court on July 13 stayed all proceedings in an asbestos case that resulted in a record-setting $ 322 million award until it can resolve a petition to disqualify the trial judge for allegedly failing to disclose that his father filed two similar suits (Union Carbide Corp. v. Thomas C. [...]
Jul
11
Wells Fargo To Pay $ 125M To Settle Mortgage-Backed Securities Claims
July 11, 2011 | Leave a Comment
SAN JOSE, Calif. – Lead plaintiffs and Wells Fargo Bank, N.A., its subsidiary and four officers and directors have agreed to a $ 125 million settlement of claims filed by investors in connection with Wells Fargo’s offering of $ 36 billion in mortgage pass-through certificates, according to documents filed in California federal court and made [...]
Jul
8
Split 2nd Circuit Allows Female Employees To Proceed With Class Arbitration Action
July 8, 2011 | Leave a Comment
NEW YORK – A group of women who allege that they were paid less than their male counterparts while selling jewelry may proceed with their claims as a class action in arbitration, a split Second Circuit U.S. Court of Appeals panel ruled July 1, reversing a ruling by a U.S. District Court for the Southern [...]
Jul
5
OAKLAND, Calif. – A federal judge in California on May 25 found that a class action plaintiff failed to plead her unfair trade practices and consumer remedies law claims against several skilled nursing facility entities with enough specificity. The judge allowed the plaintiff to replead claims against a potential nursing home parent company, according to [...]
Jul
2
Former Wal-Mart Gender Class Seeks Tolling Of Statute Of Limitations Period
July 2, 2011 | Leave a Comment
SAN FRANCISCO – Attorneys representing the more than 1 million current and former female Wal-Mart employees who were recently denied class certification by the U.S. Supreme Court filed a motion on June 24 in the U.S. District Court for the Northern District of California to extend tolling of the statute of limitations and a second [...]