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September 02, 2005 |

Alien Tort Action Survives Concerns of U.S., Canada

The opposition of the U.S. State Department and the government of Canada to a lawsuit against a Canadian oil company over human rights abuses in the Sudan was not enough to convince a federal judge to dismiss the case.
5 minute read
June 02, 2005 |

Bid to Crack Nasdaq's Immunity Shield Fails

The 2nd U.S. Circuit Court of Appeals will not recognize a fraud exception to the absolute immunity granted Nasdaq and other so-called self-regulatory organizations.
4 minute read
August 28, 2000 |

Judge Dismisses Charitable Donors' RICO Suit Against Hospital

A federal judge dismissed a proposed class action civil RICO suit against former officers and directors of Pittsburgh, Pa.-based Allegheny Health Education and Research Foundation. The suit was brought by charitable donors and recipients who said their money was squandered before the hospital chain went bankrupt. The judge found neither group had a legally protectable property interest in the money.
6 minute read
August 07, 2001 |

Souped-Up Sales Not Such a Hot Idea

The world's largest maker of soup may have lied to investors as to just how "M'm! M'm! Good!" its sales were from 1997 to 1999. A federal judge from New Jersey has ruled plaintiffs may proceed with a class action lawsuit against Campbell Soup Co. The plaintiffs allege the company "disseminated materially false and misleading information" to the investing public about business operations and financial performance.
6 minute read
September 24, 2003 |

Nearly $48M Settlement OK'd in Price-Fixing Class Action Lawsuit

With final court approval of nearly $48 million in settlements from the last two remaining defendants, the class action price-fixing suit against manufacturers of graphite electrodes has now brought in more than $134 million. The civil settlements came on the heels of a series of prosecutions by the Justice Department in which the same defendants paid more than $425 million in fines.
3 minute read
September 11, 2000 |

Seven-Year-Old MCA Shareholder Settlement Upheld

A Delaware judge rejected a bid by disgruntled ex-MCA shareholders to overturn a 7-year-old $2 million settlement of shareholder suits against Matsushita Electric Industrial over its acquisition of MCA. The judge noted Chancery Court precedent already rebuffed investors unhappy with a securities class-action settlement who waited a year to file their motion to intervene.
5 minute read
May 27, 2003 |

Bar Charity Race Nets $60,000

On May 18, the Philadelphia Bar Association ran its annual charity event for the 24th time. The event that supports the American Diabetes Association and the Support Center for Child Advocates appears to have raised $60,000 based on initial estimates.
5 minute read
November 12, 2003 |

Corrugated Paper Antitrust Case Nets $210M in Settlements

With a $92.5 million settlement by the final and largest defendant, a class action antitrust suit against leading manufacturers of corrugated paper products has resulted in combined settlements of more than $210 million -- the largest ever in a price-fixing case in the Eastern District of Pennsylvania. Nevertheless, plaintiffs say a significant portion of the litigation will continue because some of the biggest buyers in the plaintiffs' class opted out to pursue their own lawsuits.
7 minute read

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