Plaintiffs lawyers are slapping public companies with securities class actions months or years after the alleged fraud came to light as they turn their attention away from cases related to the financial meltdown. The delayed filings are a shift from the previously common practice of pursuing a securities fraud class action days or weeks after a stock-price decline caused investor losses. Defense lawyers say the plaintiffs bar is grasping at straws amid the recent stock market volatility.
Posts from ‘November, 2009’
Blogger Accused of Threatening Judges Subpoenas N.J. Governor-Elect
A New Jersey blogger scheduled to go on trial on charges that he threatened three federal judges in hate-filled postings has subpoenaed the state’s governor-elect to testify on his behalf. Harold “Hal” Turner claims that he was a federal government informant and that the postings targeting the judges and other inflammatory statements were part of an undercover operation to ferret out violent left-wing radicals.
9th Circuit Widens Split on Rights of Independent Contractors
The federal courts were already divided over the rights of independent contractors to sue for discrimination. The split widened when the 9th Circuit ruled this month that a doctor whose contract was terminated after a hospital learned of his sickle cell anemia can sue under the Rehabilitation Act. The decision creates a 2-2 split in the circuits on the issue.
N.Y. Judge Censured for Helping Arrest Motorist
A New York judge has been censured for following a motorist for more than a mile, pulling the man over by flashing his high beams and using a badge to persuade the driver to turn himself in to police to face two traffic citations. The state Commission on Judicial Conduct announced Wednesday that it was censuring Hudson Falls Village Justice Michael Feeder. Feeder told the commission that he saw the driver fail to yield to a pedestrian in a crosswalk.
Supreme Court May Hear ‘Cat’s Paw’ Case
Employment lawyers are hoping the U.S. Supreme Court will resolve a conflict in the federal circuits over the so-called cat’s paw theory, which says that an employer is liable for discrimination when a final decision-maker is influenced by a lower-level employee with discriminatory motives to take an adverse action against another worker. The Court earlier this month asked the solicitor general for the government’s views on a case that raises the theory, and is now considering whether to hear the case.
Chadbourne Associates, Staff to Recoup Lost Pay
In a sign of economic improvement, Chadbourne & Parke confirmed Wednesday that the firm plans to award a lump sum payment in early 2010 that would give back to associates and staff money the firm previously cut from their paychecks. The decision, until now unreported, was announced internally in late September.
Lawyer for Prosecutor Seeks Supreme Court Review of Immunity Ruling
Federal prosecutor Daniel Zachem has a lot riding on a pro se civil suit against him that alleges he participated in a conspiracy to violate the rights of a Washington, D.C., grand juror. But the suit has far-reaching implications for all federal prosecutors, so Zachem’s lawyer, Crowell & Moring partner Michael Martinez, wants the U.S. Supreme Court to pick up the case and reverse a federal appeals court ruling this year that narrowed the scope of prosecution immunity from the suit.
Compare PowerPoints With Workshare
Love it or hate it, Microsoft PowerPoint has infiltrated law firms and become a tool for creating everything from courtroom presentations to client pitches. More often than not, a PowerPoint project is a group effort, edited, revised and reviewed by several people. IT writer John K. Waters shows you how to compare different versions of PowerPoint slides with Workshare Compare.
