Labor & Employment Law Community

Title	Views
1	Magistrate: Online Posting Made Song A U.S. Work, Defeats Copyright Claims	14003
2	The LexisNexis Top 25 Labor and Employment Law Blogs of 2011	12698
3	Staub v. Proctor Hosp., 560 F.3d 647 (7th Cir. Ill., 2009)	11732

Senate Report Points To Number Of Factors In Creation Of Financial Crisis

WASHINGTON, D.C. - The U.S. financial crisis of 2008 was not a "natural disaster, but the result of high risk, complex financial products" and a number of other factors, according to a report issued April 13 by the U.S. Senate Permanent Subcommittee on

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

SEC Sues Subprime Auto Loans Purchasers Over Alleged Misrepresentations

BOSTON - The Securities and Exchange Commission sued a motor vehicle sales finance company that specializes in the purchase of subprime auto loans, certain of its officers and directors and others in Massachusetts federal court on April 13, alleging that

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Loan Servicer's Letters Were Misleading, Attempts To Collect Debt, Judge Says

DETROIT - A federal judge in Michigan on April 18 refused to dismiss a man's lawsuit accusing Bank of America Home Loans Servicing LP of violating the Michigan Collection Practices Act (MCPA) after finding that two letters the loan servicer sent concerning

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Federal Judge Rules Firm's Debt Collection Process Complied With The Law

PITTSBURGH - A federal judge in Pennsylvania on April 17 dismissed a lawsuit brought by a class of debtors that contended that a law firm had violated federal debt collection laws, ruling that there was no evidence of any wrongdoing in the collection

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Federal Judge Refuses To Dismiss State, Federal Debt Collection Claims

DETROIT - Dismissal of a consumer's Fair Debt Collection Practices Act (FDCPA) lawsuit is not proper, a federal judge in Michigan ruled April 15, because the defendant in the action has failed to show that its communications with the consumer's attorney

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Judge Rules That Arbitration Agreement Is Enforceable In Credit Card Dispute

HARRISBURG, Pa. - An arbitration agreement for a credit card is enforceable because the credit card holder agreed to the terms of usage for the credit card and failed to reject amendments to the cardholder agreement instituting the mandatory arbitration

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Dismissal Motions In Lawsuit Against Former Employees Of Ponzi Schemer Denied

DALLAS - A federal judge in Texas on April 12 denied three motions to dismiss a lawsuit filed by the court-appointed trustee for the Stanford Financial Group Co. and its related entities (the Stanford entities) Ponzi scheme lawsuit, ruling that the trustee

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Intervention Substantially Denied In Lehman Brothers Class Action Suit

NEW YORK - The U.S. Supreme Court's ruling in American Pipe & Construction Co. v. Utah does not toll the statute of repose in a securities class action against certain former officers and directors of Lehman Brothers Holdings Inc., a federal judge in

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Judge Dismisses Two Securities Suits Related To Merrill Lynch Acquisition

NEW YORK - A federal judge in New York on March 28 dismissed with prejudice two shareholder derivative actions against certain officers and directors of Bank of America Corp. and its subsidiary, Merrill Lynch & Co. Inc., ruling that the shareholders failed

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Judge Dismisses $52M Winstar-Related Suit Against Federal Government

WASHINGTON, D.C. - In a Winstar-related action, a federal judge in Washington on April 12 dismissed a shareholder derivative lawsuit against the U.S. government, ruling that the shareholders' failure to bring their claim in an appellate court proceeding

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Federal Judge Rejects Defendants' Motion To Decertify Securities Class

FORT LAUDERDALE, Fla. - Ruling that defendants in a securities class action lawsuit have failed to show that decertification of a class of investors is proper because the class representatives are not adequate class representatives and their claims are

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Extension Of Compliance Deadline Sought For Various Dodd-Frank Provisions

WASHINGTON, D.C. - The Securities and Exchange Commission expects to have two provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act implemented by July 21 in accordance with provisions of the act but is seeking an extension to the

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Republican Senator Seeks Implementation Delay Of Dodd-Frank

WASHINGTON, D.C. - Citing a recent analyst report issued by the British investment branch of JP Morgan Chase highlighting the anti-competitive impacts of implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) until other

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Report: Dodd-Frank Act Would Have Lessened Impact Of Lehman Brothers Failure

WASHINGTON, D.C. - Had the Dodd-Frank Wall Street Reform and Consumer Protection Act been in place prior to the failure of Lehman Brothers Holdings Inc., the Federal Deposit Insurance Corp. would have been able to take significant steps toward preserving

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

Judge Denies Injunction In Suit Challenging Dodd-Frank Amendment

SIOUX FALLS, S.D. - A federal judge in South Dakota on April 4 denied a bank's request for a preliminary injunction prohibiting the board of governors of the Federal Reserve System and the comptroller of the currency from enforcing the Durbin Amendment

Published Tue, Apr 26 2011 9:58 AM by LexisNexis® Financial Services Litigation News

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Senate Report Points To Number Of Factors In Creation Of Financial Crisis

SEC Sues Subprime Auto Loans Purchasers Over Alleged Misrepresentations

Loan Servicer's Letters Were Misleading, Attempts To Collect Debt, Judge Says

Federal Judge Rules Firm's Debt Collection Process Complied With The Law

Federal Judge Refuses To Dismiss State, Federal Debt Collection Claims

Judge Rules That Arbitration Agreement Is Enforceable In Credit Card Dispute

Dismissal Motions In Lawsuit Against Former Employees Of Ponzi Schemer Denied

Intervention Substantially Denied In Lehman Brothers Class Action Suit

Judge Dismisses Two Securities Suits Related To Merrill Lynch Acquisition

Judge Dismisses $52M Winstar-Related Suit Against Federal Government

Federal Judge Rejects Defendants' Motion To Decertify Securities Class

Extension Of Compliance Deadline Sought For Various Dodd-Frank Provisions

Republican Senator Seeks Implementation Delay Of Dodd-Frank

Report: Dodd-Frank Act Would Have Lessened Impact Of Lehman Brothers Failure

Judge Denies Injunction In Suit Challenging Dodd-Frank Amendment