By Staff Writer | February 28, 2006
When millions of unsolicited e-mails wreaked havoc on an Iowa business owner's small ISP company, he didn't take it lightly. After tracking down the source of the spam, Robert Kramer III, owner and operator of CIS Internet Services, sued and won an $11.2 billion judgment on Dec. 23, 2005, in...
By Mary Swanton | February 28, 2006
The rights of employers in Florida, Georgia and Alabama to control the presence of guns on their property and to set the terms and conditions of the workplace are in the crosshairs of the National Rifle Association. Bills pending in those states are among the latest in the powerful gun...
By Staff Writer | January 31, 2006
The hedge fund industry operates in a notorious shroud of secrecy. Investors and government regulators know little about hedge funds' practices, activities and leadership, in stark contrast to the strict regulations and public scrutiny to which mutual funds and other investment vehicles are subject. Since June 2004 the SEC has...
By Bruce D. Collins | January 31, 2006
Cash-strapped New Hampshire town rescinds charities' non-profit status.
By Staff Writer | January 31, 2006
A federal judge has thrown out the first attempt by a government body to use the Racketeer Influenced and Corrupt Organizations Act (RICO) to collect damages from companies it accuses of depleting public resources through hiring illegal immigrants. On July 27, 2005, Canyon County Idaho filed suit against Syngenta Seeds,...
By Michael T. Burr | January 31, 2006
Companies back off from predicting future earnings in quarterly calls.
By Julius Melnitzer | January 31, 2006
Most of the defense bar applauded the Supreme Court's April 2005 decision in Dura Pharmaceuticals Inc. v. Broudo because it significantly tightened the reins on securities fraud cases. Dura rejected the notion that simply alleging the stock price was inflated at the time of purchase due to misrepresentation gives rise...
By Staff Writer | December 31, 2005
The U.S. Court of Appeals for the 3rd Circuit ruled Oct. 21, 2005, that a company that deceptively promoted products as cancer cures must issue refunds to customers who bought the drugs. A three-judge panel unanimously upheld an earlier court ruling that required New Jersey-based Lane Labs to pay $109...
By Staff Writer | December 31, 2005
Supreme Court's decision in Alvarez leaves companies open to litigation.
By Staff Writer | December 31, 2005
European counsel use training and audits to keep Competition Commission at bay.
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