The effect of Thursday's ruling could be to essentially prevent class action suits
seeking to enforce federal laws.
There were 37 securities class action suits
filed in the second quarter, down from 70 cases the quarter before.
15) Furthermore, the BJR, statutes and D & O insurance do not provide protections for criminal activity unlike shareholder derivative or class action suits
D & O risk assessment resources available to both underwriters and insurance buyers include such things as corporate governance scoring systems and accrual accounting metrics that tie accounting practices to the probability of being the target of a securities class action suit
S-353 is a federal bill that would authorize federal courts to hear national interstate class action suits
and allow defendants to move national class action cases from state to federal court.
District Court for the Western District of Wisconsin denying a group of Wisconsin residents' motion to certify their case as a class action suit
against the U.
Infuriated by the lien, Lynn Roy became the named plaintiff in a class action suit
filed in 1994 against the state Department of Health Services on behalf of at least 300 spouses of Medicaid recipients.
That represents a continuation of a downward trend that began in 2005, when securities class action suits
represented about half of all securities suits filed.
Nasdaq: WDIM) announced today that the O'Rourke Class Action suit
filed against the company in February 1993, in the United States District Court, Central District of California, was dismissed by the court on May 24, 1994.
Other states' Attorneys General and/or Departments of Insurance have initiated investigations, and class action suits
seeking treble damages have been filed, arising from the issues prompting the Florida actions.
CHICAGO -- Settlement calls for resolution of class action suits
against the Company in Madison County involving its valuation product but includes no admission of fault
Subsequent to the Barbour County suit, additional class action suits
have been filed in Mobile County, Ala.