Labor & Employment Law Community

Title	Views
1	Magistrate: Online Posting Made Song A U.S. Work, Defeats Copyright Claims	14028
2	The LexisNexis Top 25 Labor and Employment Law Blogs of 2011	12894
3	Staub v. Proctor Hosp., 560 F.3d 647 (7th Cir. Ill., 2009)	11749

Advisen Report: Securities Litigation Filings Remain At 'Inflated Levels'

NEW YORK - Although the number of credit crisis-related securities lawsuit filings have dwindled from their all-time high in 2009, the number of securities class actions, shareholder derivative suits and regulatory lawsuits filed in the third quarter

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Brokerage Sues Deutsche Bank, Others To Recover CMO

KANSAS CITY, Mo. - The owner of a $295 million collateralized mortgage obligation (CMO) sued Deutsche Bank AG and two other entities on Oct. 5, seeking declaratory judgment enjoining the defendants from dissipating the CMO from an account at Deutsche

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Nation's Largest Retailer Accused Of Violating Federal Banking Laws

OXFORD, Miss. - A Mississippi man on Sept. 20 filed a class action lawsuit in federal court accusing Wal-Mart of violating federal banking laws that require automated teller machine operators to disclose all user fees (Greg Fondren v. Wal-Mart Stores

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Debit Card Issuer: Amendment To Wall Street Reform Law Is Unconstitutional

SIOUX FALLS, S.D. - The Durbin Amendment of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act of 2010 unconstitutionally limits the ability credit card issuers have to charge "interchange fees" to retailers for debit transactions

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Bank of America Loan Modification Class Action Suits Centralized In Mass.

WASHINGTON, D.C. - The Judicial Panel on Multidistrict Litigation on Oct. 8 granted a petition by plaintiffs leading eight class action suits against Bank of America accusing the lender and its loan servicing arm of failing to permanently modify their

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Judge Dismisses Woman's Suit Over Chase's Failure To Modify Home Loan

FORT PIERCE, Fla. - A federal judge in Florida on Oct. 15 dismissed a woman's lawsuit against Chase Home Financing based on its failure to modify her home mortgage loan under the Home Affordable Modification Program (HAMP) after finding that the statute

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

7th Circuit: Lender's Foreclosure Valid; Debt Was Never Discharged

CHICAGO - A panel of the Seventh Circuit U.S. Court of Appeals on Oct. 20 ruled that a lender that foreclosed on a debtor's residence did not violate the automatic stay or the discharge injunction because the debt in question was never discharged (James

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Card Holder: Chase Illegally Marketing Credit Card Protection Plans

LITTLE ROCK, Ark. - A credit card holder filed a class action complaint against JPMorgan Chase & Co. and Chase Bank USA N.A. (collectively, Chase) on Sept. 24 in Arkansas federal court, arguing that Chase has violated state law by engaging in a scheme

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Magistrate Judge Recommends Dismissal Of Credit Card Lawsuit Against Chase Bank

NEW YORK - A pro se plaintiff has failed to state a claim for relief under the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA) against his credit card issuer, a federal magistrate judge in New York ruled Sept. 27 in recommending

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Justice Department Sues Credit Card Companies, Settles With Visa, MasterCard

BROOKLYN, NY - The U.S. Department of Justice and seven states filed an antitrust lawsuit against credit card companies Visa, MasterCard and American Express Co. in New York federal court on Oct. 4, challenging the credit card companies' rules regarding

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Judge: Fund Failed To Show Cognizable Injury Against Goldman Sachs

NEW YORK - A union health and welfare fund has failed to plead its federal securities law claim against Goldman Sachs & Co. and two of its subsidiaries because it has not shown a cognizable injury in stating its claim, a federal judge in New York ruled

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Goldman Sachs Employee Seeks Dismissal Of SEC Suit Under Morrison

NEW YORK - The U.S. Supreme Court's ruling in Morrison v. National Australia Bank, Ltd. precludes the Securities and Exchange Commission from bringing its claims against an employee of Goldman Sachs & Co. because the securities transaction at issue in

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Financial Institutions Sued For Rescission Of $3.3B In 'Toxic' Mortgage Loans

CHICAGO - The Federal Home Loan Bank of Chicago sued 54 depositors/issuers, underwriters, controlling persons and successor liability defendants on Oct. 15 in Illinois state court, seeking rescission of what it is calling a "toxic stew of doomed mortgage

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Procedural Requirements Not Met In Claims Against Countrywide, Judge Rules

NEW YORK - Shareholders have failed to meet the procedural requirements of certain pooling and servicing agreements (PSAs) for mortgage-backed securities and are barred from bringing their class action lawsuit against former subprime lending giant Countrywide

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Auction-Rate Securities Class Action Against Oppenheimer Dismissed

NEW YORK - A federal judge in New York on Sept. 29 dismissed a shareholder class action lawsuit against mid-market investment bank Oppenheimer Holdings Inc. and its subsidiary, ruling that the shareholders failed to plead scienter (David T. Vining, et

Published Wed, Oct 27 2010 9:24 AM by LexisNexis® Financial Services Litigation News

Labor & Employment Law Community

Featured Content

You are not logged in. Please Login to add content to your community page

Visit Other Communities By

Latest Postings

Most Viewed Postings

Advisen Report: Securities Litigation Filings Remain At 'Inflated Levels'

Brokerage Sues Deutsche Bank, Others To Recover CMO

Nation's Largest Retailer Accused Of Violating Federal Banking Laws

Debit Card Issuer: Amendment To Wall Street Reform Law Is Unconstitutional

Bank of America Loan Modification Class Action Suits Centralized In Mass.

Judge Dismisses Woman's Suit Over Chase's Failure To Modify Home Loan

7th Circuit: Lender's Foreclosure Valid; Debt Was Never Discharged

Card Holder: Chase Illegally Marketing Credit Card Protection Plans

Magistrate Judge Recommends Dismissal Of Credit Card Lawsuit Against Chase Bank

Justice Department Sues Credit Card Companies, Settles With Visa, MasterCard

Judge: Fund Failed To Show Cognizable Injury Against Goldman Sachs

Goldman Sachs Employee Seeks Dismissal Of SEC Suit Under Morrison

Financial Institutions Sued For Rescission Of $3.3B In 'Toxic' Mortgage Loans

Procedural Requirements Not Met In Claims Against Countrywide, Judge Rules

Auction-Rate Securities Class Action Against Oppenheimer Dismissed