Mar
26
Federal Judge Dismisses Case Against FDIC Arising From Loan Made By Failed Bank
March 26, 2012 | Leave a Comment
RENO, Nev. – A federal judge in Nevada on Feb. 2 granted the Federal Deposit Insurance Corp. and individual defendants’ motion to dismiss a suit arising from a loan plaintiffs took out with failed bank First National Bank of Nevada (FNB) (Parker’s Model T, et al. v. Federal Deposit Insurance Corp., et al., No. 10-00791, [...]
Mar
23
Federal Circuit Reverses Claim Construction In Video Game Patent Case
March 23, 2012 | Leave a Comment
WASHINGTON, D.C. – A stipulation to a judgment of noninfringement will be revisited, following a Feb. 1 ruling by the Federal Circuit U.S. Court of Appeals (Craig Thorner and Virtual Realty Feedback Corporation v. Sony Computer Entertainment America LLC et al., No. 11-1114, Fed. Cir.). LexisNexis® Mealey’s™ Daily Legal News
Mar
17
Federal Judge Dismisses Class Action Alleging Bank Allowed Unauthorized Payments
March 17, 2012 | Leave a Comment
LOS ANGELES – A federal judge in California on Feb. 1 dismissed a putative class action accusing Bank of America Co. and an affiliate insurer of pulling money from customers’ bank accounts to pay for insurance policies that customers did not request or approve (Jerome White, et al. v. Bank of America Corp., et al., [...]
Mar
11
New York Federal Judge Denies Class Certification In FMLA Suit Against Verizon
March 11, 2012 | Leave a Comment
NEW YORK – A proposed class of Verizon Communications Inc. employees in a complaint alleging violations of the Family Medical Leave Act (FMLA) does not meet the commonality and typicality requirements for class certification, a New York federal judge held Feb. 1, citing the recent landmark U.S. Supreme Court case Wal-Mart Stores, Inc. v. Dukes [...]
Nov
10
Federal Judge Blocks Graphic Warnings For Cigarette Packs
November 10, 2011 | Leave a Comment
WASHINGTON, D.C. – Saying graphic new cigarette pack warnings ordered by the U.S. Food and Drug Administration violate companies’ First Amendment rights by compelling speech, a judge in the U.S. District Court for the District of Columbia issued a preliminary injunction on Nov. 7 halting enforcement of the requirement in a case of first impression [...]
Nov
7
GlaxoSmithKline To Settle 3 Federal Investigations For $ 3 Billion
November 7, 2011 | Leave a Comment
LONDON – GlaxoSmithKline plc (GSK) has reached an agreement in principal to settle three United States federal criminal and civil investigations for $ 3 billion, the company said Nov. 3 in a press release on its Web site. LexisNexis® Mealey’s™ Daily Legal News
Oct
11
Federal Judge Dismisses Stock-Drop Claims In Lehman ERISA Lawsuit
October 11, 2011 | Leave a Comment
NEW YORK – Lehman Brothers Holding Inc.’s former directors and plan committee members did not breach fiduciary duties under the Employee Retirement Income Security Act by continuing to offer company stock as an investment option for Lehman’s employee stock ownership plan (ESOP) before the company’s declaring bankruptcy, a federal judge in New York ruled Oct. [...]
Aug
4
W.Va. Federal Jury Returns Defense Verdict In HRT Breast Cancer Trial
August 4, 2011 | Leave a Comment
CHARLESTON, W.Va. – A West Virginia federal jury on July 29 found that a breast cancer patient did not prove by a preponderance of evidence that the hormone replacement therapy (HRT) drugs Premarin, Prempro and Provera proximately caused her breast cancer (Leah Royce Hines v. Wyeth, et al., No. 2:04-690, S.D. W.Va.). LexisNexis® Mealey’s™ Daily [...]
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 [...]