Litigation Law
Study calculates cost of patent troll lawsuits – Fortune Tech
Litigation prompted by patent trolls amounted to about $29 billion last year, according to a new study. And that doesn’t even include indirect costs that stymie innovation. FORTUNE — Patent trolls last year cost defendants $29 billion in …
Supreme Court takes on damaged-class issue in suit against Comcast – Philadelphia Daily News
A high-court finding that the class certification does not meet legal standards would be blow for the plaintiffs and would send the case back for further litigation. In a statement on its website regarding the case, Comcast v. Behrend …
F.T.C. Charges Hotel Group Over Data Breaches – New York Times
He added: “We regret the F.T.C.’s recent decision to pursue litigation, as we have fully cooperated in its investigation and believe its claims are without merit. We intend to defend against the F.T.C.’s claims vigorously, and do not …
PNC settles overdraft fee case for $90 million – msnbc.com
The Pittsburgh-based lender joined Bank of America Corp, JPMorgan Chase & Co and several smaller banks in settling litigation over the fees, which are typically assessed when customers overdraw their checking accounts by using debit cards. The settlement …
J&J Sold Vaginal Mesh Implant After Sales Halt Ordered – Bloomberg
Lawyers for the women say the device’s approval history could increase J&J’s cost to resolve the litigation. “If a company knows the FDA tells them, ‘Don’t sell a device,’ they’re supposed to not sell it,” Adam Slater …
$90 Million Settlement Announced In PNC Bank Overdraft Fee Class Action – Yahoo Finance
The lawsuit, part of multidistrict litigation involving more than 30 different banks entitled In re Checking Account Overdraft Litigation, is pending before U.S. District Judge James Lawrence King in Miami. The lawsuit claims that PNC Bank’s …
$90 Million Settlement Announced In PNC Bank Overdraft Fee Class Action – StreetInsider.com
The lawsuit, part of multidistrict litigation involving more than 30 different banks entitled In re Checking Account Overdraft Litigation, is pending before U.S. District Judge James Lawrence King in Miami. The lawsuit claims that PNC Bank’s internal …
Asta Funding, Inc. Added to Russell 2000 Index – msnbc.com
are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects …
Jerry Sandusky maintains innocence – ESPN
Asked to clarify Monday, school spokesman Dave LaTorre said the university won’t discuss details about litigation or how much money might be set aside for potential settlements, and declined to comment further. Van Kuren, who runs a nonprofit …
SemiLEDs and Cree End Patent Litigation – TMCnet
SemiLEDs Corporation (NASDAQ: LEDS), a developer and manufacturer of LED chips and LED components, announces that SemiLEDs and Cree (News – Alert), Inc. have agreed to end their respective patent infringement litigation against each other.