Enhanced Jury Verdicts And Settlements File Available On Lexis.com

Access to jury verdicts and settlements has been enhanced with the launch of Mega Jury Verdicts and settlements (Including IDEX), or VSMEGA, a new group file on lexis.com that brings together 900,000 verdicts and settlements. The file includes: • IDEX Expert Witness Verdicts and Settlements...

Barroway Topaz Ranked Among Top 5 Law Firms Of 2009 For Recoveries, Settlements In Securities Class Actions

RADNOR, Pa. — Leading class action and corporate governance law firm Barroway Topaz Kessler Meltzer & Check LLP has again been ranked among the nation's top five law firms of 2009 for highest investor recovery in securities class actions and number of settlements, according to RiskMetrics...

Glaxo Takes $2.36 Billion Charge On Legal Costs

LONDON - (AP) Pharmaceutical company GlaxoSmithKline said Thursday it expects to take a $2.36 billion charge against second-quarter earnings for the costs of settling court cases over the antidepressant Paxil and diabetes drug Avandia. The company said the charge includes settlements, agreements to settle...

NERA Releases Mid-Year 2010 Securities Litigation Study

Largely as a result in the decline of the number of new credit crisis related cases, the number of new securities class action lawsuits filings is "on track to decline for a second successive year from their 2008 peak," according to a NERA Economic Consulting report entitled "Trends 2010...

Reed Smith On The Insurance Company's Settlement Of Tort Claims: An Analysis Of In Re East 51st St. Crane Collapse Litigation

By John Berringer and Jennifer Katz, Reed Smith LLP In In Re East 51st St. Crane Collapse Litigation , the New York Supreme Court permitted the primary insurance company to enter into a settlement which clearly was not "in the best interests of the insured." That decision set an extremely...

Potential Pitfalls Involving Medicare Set-Asides, Special Needs Trusts

By Jennifer C. Jordan, Esq., General Counsel, MEDVAL LLC Now that those involved in personal injury settlements, whether workers' compensation or liability insurance based, have finally come to understand the Medicare Secondary Payer Act ("MSP") to some extent, it appears that they have...

Teen Asks Congress To Lift Train Wreck Settlement Caps

WASHINGTON, D.C. - (AP) A teen-age girl whose father was killed in a 2008 commuter train crash in California took aim Thursday at a federal law that caps legal settlements involving rail accidents at $200 million. Fifteen-year-old Mackenzie Souser of Camarillo, Calif., explained to a House panel what...

Why Are Billions From Class Action Settlements Going Unclaimed Every Year?

There are many parts of the securities class action claims filing process that can fail. In our experience working with institutional investors, this inevitably occurs when entities attempt to file on their own, and often if they rely on their custodian as well. In fact, industry statistics show that...

Mortgage Meltdown Litigation Pays Hundreds Of Millions To Injured Plaintiffs

The economy seems to be heading at last into recovery territory, and the mortgage crisis that began in 2007 is starting to seem like old news. But the effects of the lax underwriting standards and other questionable loan practices that spawned the crisis continue to play out in courts across the country...

Fordham Law Prof Catalogues Shortcomings Of Current Securities Class Action Settlement Process

The negotiated resolution of securities class action lawsuits - and absent dismissal, there is rarely any other types of securities suit resolution - is always complicated and occasionally messy, and often involves inefficiencies and sometimes produces distortions and even excesses. Anyone who has ever...

RAND: New Book Explores Transparency in the American Civil Justice System

The quest for greater transparency in the American civil justice system is the topic of a new book of essays illustrating how a balanced approach to increasing transparency can improve the civil justice system, raise public confidence and protect litigants' privacy. Fewer than 5 percent of...

Will the Calls Ever Stop? Telephone Consumer Protection Act Offers Help

When the Telephone Consumer Protection Act of 1991 was enacted, it offered a means to counter the actions of both telemarketers and aggressive collection agencies. By placing limitations on robo-calls, the Act gave consumers potential for relief from the automatic calls placed by companies to both landlines...

Inadequate Security Cases Involving Third-Party Crimes Yield Favorable Results

For plaintiffs' lawyers, premises liability actions can be tricky when it comes to trying to prove liability. The ordinary slip and fall cases hinge on whether or not a plaintiff is able to prove that the property owner/business owner had actual or constructive notice of the dangerous condition....

Nintendo Must Pay More Than $30 Million For 3DS Video Game's Infringement Of Patent

Tomita Technologies International, Inc. owns U.S. Patent No. 7,417,664 issued in 2008 relating to stereoscopic 3-D images on-screen for viewing with the naked eye. Tomita International granted an exclusive license to the patent to Tomita Technologies USA, LLC. In 2011, Nintendo Co., Ltd. and its subsidiary...

Failure To Prevent Bullying Can Prove Costly To School Districts

As awareness of school bullying increases, so do parents' expectations of school districts. With supervisory power over children all day, school districts obviously have a special responsibility to keep children safe from injuries, including harm that can come from other children. School districts...

January Jury Verdict Round-Up: Top 5 Personal Injury Verdicts

During January, the attorney editors on the LexisNexis Jury Verdict team covered several notable personal injury verdicts from across the country. We came up with an informal list of the top five cases from last month that really captured our attention. If you are interested in submitting one of your...

February Jury Verdict Round-Up: Top 5 Personal Injury Verdicts

During February, the attorney editors on the LexisNexis Jury Verdict team covered several notable personal injury verdicts from across the country. We’ve come up with an informal list of the top five cases that really captured our attention this past month. If you are interested in submitting one...

Kentucky Derby Special: Top 5 Racehorse Jury Verdicts

On this Saturday, the 140 th Kentucky Derby will be run at Churchill Downs, the historic racetrack located in Louisville, Ky. Traditionally run on the first Saturday in May and arguably the most famous race in the world, an estimated 100,000 spectators will come watch a field of three-year-old horses...

April Jury Verdict Round-Up: Top 5 Personal Injury Verdicts

During April, the attorney editors on the LexisNexis Jury Verdict team covered several notable personal injury verdicts from across the country. This informal list of top five cases captured our attention this past month, so we thought you might like to hear about them. If you are interested in submitting...

May Jury Verdict Round-Up: Top 5 Personal Injury Verdicts

During May, the attorney editors on the LexisNexis Jury Verdict team covered several notable personal injury verdicts from across the country. This informal list of top five cases captured our attention this past month, so we thought you might like to hear about them. If you are interested in submitting...

Mid-Year Jury Verdict Round-Up: Top 5 Medical Malpractice Verdicts

During the first part of 2014, the attorney editors on the LexisNexis Jury Verdict team covered several notable medical malpractice verdicts from across the country. This informal list of top five cases captured our attention, so we thought you might like to hear about them. Our list includes three rather...

Mid-Year Jury Verdict Round-Up: Top 5 Civil Rights Cases

During the first part of 2014, the attorney editors on the LexisNexis Jury Verdict team covered several notable civil rights settlements and verdicts from across the country. This informal list of top five cases captured our attention, so we thought you might like to hear about them. They include three...

July Jury Verdict Round-Up: Top 5 Personal Injury Verdicts

During July, the attorney editors on the LexisNexis Jury Verdict team covered several notable personal injury verdicts from across the country. This informal list of top five cases captured our attention this past month, so we thought you might like to hear about them. If you are interested in submitting...