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September 05, 2012 |

Capital Sources: Some private equity funds risk overpaying in zeal to invest

Some private equity funds are competing harder to put money to work and may be overvaluing flawed companies in a slow economy.
4 minute read
July 14, 2006 |

Eastern District Roundup

Harvey M. Stone and Richard H. Dolan, partners at Schlam Stone & Dolan, report on several significant decisions handed down recently in the Eastern District, including one giving claimants in a quasi-class action a 40-day deadline to submit properly documented claim forms, and another using the All Writs Act to prevent improper interference with a court-appointed monitor whose term had expired.
9 minute read
January 24, 2001 |

Coke Class Members Left in Dark on Payout Specifics

Six weeks from now, 2,000 present and former employees of Coca-Cola must decide whether they will participate in the company's settlement of a race discrimination suit. Employees can "opt out" without knowing how much Coke will pay them now and potentially may be stuck with worthless stock. The main complaint: The settlement is half the $159.3 million package Coke's former chairman secured last year.
10 minute read
November 23, 2004 |

'Crawford': Bright-Line Rule on Confrontation in Sex Assault Trials

Paul DerOhannesian II, a partner at DerOhannesian & DerOhannesian, writes that trial practitioners must beware of the pitfalls in objecting to hearsay statements. A general hearsay objection, an evidentiary objection, does not preserve for appellate review an objection based on the Confrontation Clause.
10 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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February 21, 2007 |

Ruling Near on Securities Fraud Pleading Standards

Gregg L. Weiner, a partner at Fried, Frank, Harris, Shriver & Jacobson, writes that the Supreme Court has recently agreed to hear a securities fraud pleading case that will address the standard for measuring whether the facts alleged in the complaint are sufficient to create a "strong inference" that the defendant acted with fraudulent intent. It is difficult to predict how the Supreme Court will resolve the question, and what impact the Court's two new members will have.
11 minute read
February 03, 2005 |

Court Sets Aside Settlement by WorldCom's Directors

The $54 million settlement between class action plaintiffs and 10 former WorldCom directors collapsed Wednesday. A federal judge's rejection of a key provision left plaintiffs with "no choice but to terminate the settlement" because they couldn't take the risk that a jury verdict might be reduced by an amount higher than the settling directors' ability to pay, said a plaintiffs' attorney. If the case goes to trial, it will be the largest securities class action to go before a jury.
3 minute read
August 11, 2010 |

Court Allows Testifying Doctors to Rely on Third-Party Records

Jeffrey S. Siegel, a partner at Bruno, Gerbino & Soriano, and Mitchell S. Lustig, an associate at the firm, write that in a recent decision that is an obvious boon to the New York no-fault insurer, the Appellate Term, Second Department, expressly allowed a peer review doctor to testify based upon review of medical records prepared by third-party providers that were not in evidence, despite the hearsay objections of the plaintiff's counsel.
14 minute read
March 13, 2012 |

Commonwealth v. Sanders, PICS Case No. 12-0470 (Pa. Super. Feb. 29, 2012) Bowes, J. (18 pages).

There was sufficient evidence to support the verdict, it was not against the weight of the evidence and the trial court properly instructed the jury regarding the prior identifications in this case involving an out-of-court identification of appellant where the witness was being prepared for surgery, had no memory of the interaction with police and his mother signed his name on the photographic array. Judgment of sentence affirmed.
3 minute read

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