0 results for 'Bonnett Fairbourn Friedman'
MetLife Settlement of Policyholders' Bias Suit Approved
A federal judge in New York has approved the settlement of a class action that charged Metropolitan Life Insurance with systematic discrimination against black and other non-white policyholders. The deal calls for MetLife to pay no less than $52 million and no more than $90 million. The case was unusual in that it included claims that MetLife sold substandard policies to non-whites, in some cases over a century ago.Insurers Get Bill for Race-Based Pricing
After four years of litigation, major insurance companies are settling suits and regulatory actions for allegedly charging African-Americans higher premiums than whites. So far, the tailspin has cost the industry $497 million in settlements to owners of 6.9 million policies. Plaintiffs lawyers say the civil litigation started when attorneys from five firms began discussing what they saw as a history of overt discrimination, in some instances stretching back to policies written in 1900.Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.Aetna Recoils at Five-Headed Plaintiffs Leadership of Class Action Suit
Five competing plaintiffs firms in a class action for millions of Aetna insureds and doctors have agreed to share the role of interim class counsel rather than pick one to take the lead. But Aetna doesn't like the idea. Its defense counsel maintains that a five-headed leadership would be unwieldy, would worsen bickering among the firms and would drive up litigation costs -- something a federal judge sought to avoid when warning earlier this year against a class counsel feeding frenzy over fees.Judge decertifies class of black mortgage borrowers in light of 'Wal-Mart'
A Boston federal judge has decertified a class of African-American mortgage borrowers, finding that evidence of their statistically higher payments isn't enough to establish commonality in light of the Supreme Court's ruling in Wal-Mart v. Dukes.Amgen a Victory for the Investing Public
In an important vindication of shareholder rights, the U.S. Supreme Court in February's Amgen v. Connecticut Retirement Plans and Trust Funds, on a 6-3 vote, held that securities fraud plaintiffs have no obligation to prove that defendant's misrepresentations and omissions were material at the class certification stage.Class of black mortgage borrowers decertified
A Boston federal judge has decertified a class of African-American mortgage borrowers, finding that evidence of their statistically higher payments isn't enough to establish commonality in light of the Supreme Court's ruling in Wal-Mart v. Dukes.Was Amgen a Real Win for the Investing Public?
In an important vindication of shareholder rights, the U.S. Supreme Court in February's Amgen v. Connecticut Retirement Plans and Trust Funds, on a 6-3 vote, held that securities fraud plaintiffs have no obligation to prove that defendant's misrepresentations and omissions were material at the class certification stage.Corporate Transparency Act Resource Kit
Brought to you by Wolters Kluwer
Download Now
Revenue, Profit, Cash: Managing Law Firms for Success
Brought to you by Juris Ledger
Download Now
Law Firm Operational Considerations for the Corporate Transparency Act
Brought to you by Wolters Kluwer
Download Now
The Ultimate Guide to Remote Legal Work
Brought to you by Filevine
Download Now