Archive for October, 2007

Lawyer in court on charges in class-action kickback scheme (The Daily Comet)

LOS ANGELES A former top attorney at a prestigious New York law firm has made his first appearance in court on charges involving kickbacks paid to people to become plaintiffs in lucrative class-action lawsuits.

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Apple plays with fire, courts iPhone gift card lawsuits (CNET)

Apple’s recent decision to forbid the use of Apple Store gift cards for iPhone sales may expose the company to class action lawsuits or state-led investigations. Is this anti-iPhone locking action one step too far for the company?

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Lerach Enters Guilty Plea In Class-Action Conspiracy (Washington Post)

The California plaintiff’s attorney who helped turn class-action lawsuits into a lucrative trend pleaded guilty yesterday to a conspiracy charge stemming from his role in a wide-ranging kickback scheme.

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Third former partner at firm pleads guilty in class-action case (The Fresno Bee)

A former partner at a prestigious New York law firm pleaded guilty to conspiracy on Monday, becoming the third lawyer to admit breaking the law in a class-action kickback scheme that prosecutors said helped net the firm hundreds of millions of dollars.

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Ex-lawyer guilty in class-action case (Denver Post)

William Lerach, a former partner at a New York law firm previously known as Milberg Weiss Bershad & Schulman, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in class-action lawsuits.

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Leading Class-Action Lawyer Pleads Guilty to Conspiracy (New York Times)

William S. Lerach, a former law partner at Milberg Weiss, pleaded guilty to conspiracy for a role in pursuing companies with class-action lawsuits when their share prices dropped.

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High-powered lawyer pleads guilty in class-action scheme (Houston Chronicle)

William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits. Asked by U.S. District Judge John Walter how he would plead to the charge, Lerach answered, “Guilty, your honor.”

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Lerach Pleads Guilty in Class Action Kickback Case (Law.com)

William Lerach, former partner at the firm now known as Milberg Weiss, pleaded guilty to conspiracy on Monday, becoming the third lawyer at the firm to admit breaking the law in a class action kickback scheme that prosecutors said helped net the firm hundreds of millions of dollars. Lerach, whose high-profile victories include a $7 billion judgment against now-defunct Enron Corp., agreed to …

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Lawyer pleads guilty to class-action kickbacks (CNN.com)

LOS ANGELES, California (AP) — William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.

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Lawyer pleads guilty to conspiracy in class-action kickback case (North County Times)

LOS ANGELES — William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.

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Pasta-maker will settle class action for $25M (The Business Journal of Kansas City)

American Italian Pasta Co. has agreed to settle a federal securities class-action lawsuit by paying $11 million in cash, which its insurers will pay, and $14 million in company shares.

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Third former partner at firm pleads guilty in class-action case (The San Francisco Examiner)

LOS ANGELES ( Map , News ) – A former partner at a prestigious New York law firm pleaded guilty to conspiracy on Monday, becoming the third lawyer to admit breaking the law in a class-action kickback scheme that prosecutors said helped net the firm hundreds of millions of dollars.

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American Italian Pasta Company Announces Settlement of Federal Securities Class Action Lawsuit (PR Newswire via Yahoo! Finance)

American Italian Pasta Company , announced today that it has entered into a Stipulation of Settlement with lead plaintiff in the pending federal securities class action lawsuit.

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Class action lawsuits could take root (Financial Times)

Class action lawsuits could be common in Britain within a few years as part of growing European efforts to promote consumer court activism, according to a survey of companies published on Tuesday.

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Lawyer pleads guilty in class-action kickback case (Houston Chronicle)

William Lerach, a former partner at a prestigious New York law firm, pleaded guilty today to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.

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Lawyer pleads guilty in kickback case (Lexington Herald-Leader)

William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits. Asked by U.S. District Judge John Walter how he would plead to the charge, Lerach answered, “Guilty, your honor.” Lerach, 61, pleaded to one count of conspiracy to obstruct justice and making …

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Lawyer pleads guilty to conspiracy in kickback case (KTVN Reno)

LOS ANGELES (AP) – A former partner at a prestigious New York law firm, William Lerach, pleaded guilty today in Los Angeles to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.

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Seagate offering 5% refunds on storage products (Geek.com)

A class-action lawsuit was started against storage maker Seagate back on March 22, 2005. The complaint was over false advertising by Seagate over the quoted size of storage included in its products. The complaint stems from how Seagate regards 1 KB equaling 1,000 bytes whereas in truth it actually accounts for 1,024 bytes. Seagate has not [...]

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Lawyer pleads guilty to conspiracy in class-action kickback case (The Fresno Bee)

William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.

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Lawyer in court on charges in class-action kickback scheme (The San Francisco Examiner)

LOS ANGELES ( Map , News ) – A former top attorney at a prestigious New York law firm has made his first appearance in court on charges involving kickbacks paid to people to become plaintiffs in lucrative class-action lawsuits.

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Lawyer in court on charges in class-action kickback scheme (KSBY San Luis Obispo)

Associated Press – October 29, 2007 1:34 PM ET LOS ANGELES (AP) – A former top attorney at a prestigious New York law firm has made his first appearance in court on charges involving kickbacks…

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Clear Channel Suits Greenlit (CMJ)

Five lawsuits against Clear Channel Communications Inc. were granted class-action status last week.

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Sprint Nextel to Unlock Phones (Mobile Burn)

News by Ricky Cadden on Monday October 29, 2007. Note: Sponsored advertising links, if any, are in green. Sprint Nextel Corporation is responding to a class action lawsuit in California by offering unlock codes and instructions to consumers leaving the carrier.

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Palm Beach Citrus Suit Set For Closing Arguments (CBS4 Miami)

The Palm Beach County class-action lawsuit against the state of Florida will begin closing arguments Monday. Palm Beach residents filed the lawsuit in response to the states effort to eradicate harmful bacteria from citrus trees.

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Sprint Nextel Agrees To Unlock Phones (Wireless Newsfactor)

Wireless subscribers of Sprint Nextel Corp. may no longer have to buy a new phone if they jump to a new carrier. As part of a proposed class-action settlement, the Reston, Va.-based provider, with operational headquarters in Overland Park, Kan., has agreed to provide departing Sprint PCS customers with the code necessary to unlock their phones’ software. That would allow the phones to …

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Closing Arguments Planned In Citrus Canker Lawsuit (WPBF Palm Beach)

Closing arguments are planned today in a class-action lawsuit filed by Palm Beach County residents against the state over its effort to eradicate a harmful bacteria from citrus trees.

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Sprint Nextel to Unlock Phone Software (Addict 3D)

In an age of frivolous lawsuits, wireless subscribers of Sprint Nextel may actually be happy to hear that, as part of a proposed class-action settlement, the cellular provider has agreed to provide departing Sprint PCS customers with the code necessary to unlock their phones’ software.

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Class-action suits mount against Naples hospitals operator (Naples Daily News)

Unhappy investors have lined up to become the lead plaintiff in a class-action lawsuit brought against Health Management Associates Inc. The Naples-based hospital operator and its officers faced a flurry of lawsuits after announcing disappointing financial results in July that sent its stock price plummeting.The suits allege that HMA violated federal securities laws by making misrepresentations …

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Class-action suits mount against Naples hospitals operator (Bonita Daily News)

Unhappy investors have lined up to become the lead plaintiff in a class-action lawsuit brought against Health Management Associates Inc.

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Court reverses award in Hutch gas explosions (The Wichita Eagle)

A $7.7 million Reno County jury award for the 2001 natural gas explosions that killed two Hutchinson residents was reversed Friday by the Kansas Supreme Court. At the same time, the justices upheld the jury’s 2004 decision that businesses collectively suffered no damages; business owners and private property owners had filed separate class-action lawsuits. The jury awarded $5 million in …

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