Litigation

Recent Posts

Mortgage Meltdown Litigation Pays Hundreds Of Millions To Injured Plaintiffs
Posted on 6 Apr 2012 by LexisNexis Litigation Resource Community Staff

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... Read More

Another Lawsuit Targets NFL, Dallas Cowboys Over 'Phantom' Super Bowl Seats
Posted on 10 Feb 2011 by Gregg Lawson

Action filed to represent fans who didn't get what they paid for DALLAS - Two Green Bay Packers fans on Feb. 9 filed a proposed class action lawsuit against the National Football League , the Dallas Cowboys and Cowboys Stadium, saying that they... Read More

Koss Corporation Sues Former Employee, Auditor Alleging $30 Million Theft
Posted on 2 Jul 2010 by LexisNexis Litigation Resource Community Staff

CHICAGO - Koss Corporation on June 24 filed a lawsuit in the Cook County Circuit Court against the company's former vice president of Finance, Sujata Sachdeva, and Grant Thornton LLP, its former auditor, alleging fraud and deceit, professional negligence... Read More

SEC Sues Florida Man Over Offers For Kodak, AMR Stock
Posted on 6 May 2011 by LexisNexis Litigation Resource Community Staff

MIAMI - (AP) A Florida man who made mysterious billion-dollar offers for all stock in Eastman Kodak Co. and the parent of American Airlines has no assets to make the purchases, is on probation from past fraud convictions and is barred from serving as... Read More

Foreclosure Class Actions Pile Up Against Banks
Posted on 19 Nov 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) Foreclosure-fraud class action lawsuits are starting to pile up against major banks across the U.S., threatening a besieged industry with billions more in potential losses. Bank executives are swarming Capitol Hill this week to defend... Read More

Madoff Trustee Gets 'Game Changing' $7 Billion Settlement
Posted on 17 Dec 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) The widow of a Florida philanthropist who had been the single-largest beneficiary of Bernard Madoff's colossal Ponzi scheme has agreed to return $7.2 billion in bogus profits to the victims of the fraud, she and authorities announced... Read More

High Court Sides With Aussie Bank In Fraud Lawsuit
Posted on 25 Jun 2010 by LexisNexis Litigation Resource Community Staff

WASHINGTON - (AP) The Supreme Court has put new limits on foreign investors who want to use U.S. securities law and U.S. courts to sue foreign firms for fraud. The court said Thursday that foreigners may not sue American or foreign firms for misconduct... Read More

SEC Lawsuit Targets Money Manager Tied To Coaches
Posted on 2 Aug 2011 by LexisNexis Litigation Resource Community Staff

DALLAS - (AP) A money manager for college basketball coaches who committed suicide last month was part of a scheme that defrauded more than 100 investors of $39 million through the sale of bogus corporate bonds, the Securities and Exchange Commission... Read More

Golden Globes Sues Ex-Publicist, Claiming Fraud
Posted on 9 Feb 2011 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) The organization that hosts the Golden Globe Awards has sued its former publicist for fraud, claiming he and his partner cannot prove allegations the group engages in payola in exchange for awards. The Hollywood Foreign Press Association... Read More

Paris Hilton Sued For $35M For Wearing Wrong Hair
Posted on 12 Aug 2010 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) Paris Hilton was sued Wednesday for allegedly wearing someone else's hair. A company that manufactures hair extensions claimed the 29-year-old socialite breached her contract to wear and promote their product when she sported the... Read More

New York Mets Owners Challenge Madoff Trustee Lawsuit
Posted on 8 Jul 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) New York Mets executives argued Thursday that a lawsuit claiming they should have heeded warning signs of a 25-year fraud carried out by jailed financier Bernard Madoff is "a fiction" and should be thrown out. "There were... Read More

75 NFL Retirees Sue League Over Concussions
Posted on 21 Jul 2011 by LexisNexis Litigation Resource Community Staff

LOS ANGELES - (AP) Mark Duper, Ottis Anderson and 73 other former players sued the National Football League, claiming it concealed information about the danger of concussions for decades. The negligence, fraud and liability suit was filed Tuesday in Los... Read More

Judge Rejects $21M Securities America Class Action Settlement
Posted on 21 Mar 2011 by LexisNexis Litigation Resource Community Staff

DALLAS - (AP) A federal judge in Dallas has rejected a deal that would have allowed brokerage Securities America Inc. to pay $21 million to settle a class action lawsuit alleging that the company didn't do proper due diligence on millions of dollars... Read More

Johnson & Johnson Ordered To Pay $258M To Louisiana
Posted on 17 Oct 2010 by LexisNexis Litigation Resource Community Staff

OPELOUSAS, La. - (AP) A Louisiana jury says health products maker Johnson & Johnson owes the state nearly $258 million for misleading doctors about the possible side effects of one of its anti-psychotic medications. Full version available to lexis... Read More