Archive for May, 2009

Sebi proposes to fund class action suits

In the first move of its kind in the country, the Securities and Exchange Board of India (Sebi) has decided to finance investor associations that propose to fight collective suits ? which resemble US or European-style class action suits ? in Indian courts.

Read More at Business Standard India…

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Manufacturer of mobile homes settles class action lawsuit

A class action lawsuit alleging a mobile home manufacturer profited by reselling wheels and axles to recyclers has been settled.

Read More at Texarkana Gazette…

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Labaton Sucharow LLP Filed a Class Action Lawsuit Against Oppenheimer AMT-Free Municipals Fund — OPTAX, OTFBX, OMFCX

NEW YORK, May 29, 2009 — The law firm of Labaton Sucharow LLP has filed a class action lawsuit in the United States District Court for the District of Colorado on behalf of all persons who purchased Class A and/or Class B and/or Class C shares of the Oppenheimer AMT-Free Municipals Fund during the period from May 13, 2006 to October 21, 2008, inclusive .

Read More at GlobeNewswire via Yahoo! Finance…

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The Rosen Law Firm Announces That a Class Action Suit Has Been Filed Against Akeena Solar, Inc. — AKNS

NEW YORK, NY–(Marketwire – May 29, 2009) – The Rosen Law Firm, P.A. announces that a class action lawsuit was commenced on behalf of purchasers of the common stock of Akeena Solar, Inc. (“Akeena” or the “Company”) ( NASDAQ : AKNS ) during the period between December 26, 2007 and March 13, 2008, inclusive (the “Class Period”). To join the Akeena class action, go to the website at …

Read More at Marketwire…

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The Rosen Law Firm Files Securities Class Action Charging Officers and Directors of MRU Holdings, Inc. With Violations …

NEW YORK, NY–(Marketwire – May 29, 2009) – The Rosen Law Firm today announced that it has filed a class action lawsuit on behalf of all purchasers of MRU Holdings, Inc. (“MRU” or the “Company”) ( PINKSHEETS : UNCLQ ) formerly ( NASDAQ : UNCL ) securities during the period between July 9, 2007 and September 18, 2008, inclusive (the “Class Period”). To join the MRU class action, go to the website …

Read More at Marketwire…

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Gainey & McKenna First to File Class Action On Behalf of Idearc Investors — IDARQ

NEW YORK, May 29, 2009 — Gainey & McKenna was the first to file a class action lawsuit in the United States District Court for the Southern District Texas, Dallas Division, on behalf of all persons who purchased securities of Idearc, Inc. during the period between August 10, 2007 and March 31, 2009 .

Read More at GlobeNewswire via Yahoo! Finance…

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Milberg LLP Announces the Filing of a Class Action Lawsuit Against Oppenheimer AMT-Free Municipals Fund — OPTAX, …

NEW YORK, NY–(Marketwire – May 28, 2009) – The law firm of Milberg LLP has filed a class action lawsuit in the United States District Court for the District of Colorado on behalf of all persons who purchased Class A and/or Class B and/or Class C shares of the Oppenheimer AMT-Free Municipals (the “Fund”) ( NASDAQ : OPTAX ) ( NASDAQ : OTFBX ) ( NASDAQ : OMFCX ) during the period from May 13, 2006 …

Read More at Marketwire…

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Food banks get chicken, lawyers get $750,000 in class-action settlement

Illinois food banks will get about 1.7 million pounds of chicken, but the plaintiff lawyers will get $750,000 in cash under terms of a class-action lawsuit settlement approved by a Madison County judge.

Read More at Belleville News-Democrat…

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Class action suit against AT&T approved for former AT&T Wireless customers

The Associated Press is reporting that former AT&T Wireless customers who filed a class action lawsuit for being mistreated when the company was bought by Cingular, now owned by AT&T, have been approved to go on with the suit. The customers are seeking payment for extra charges plus damages.

Read More at Mobile Burn…

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Class Action Lawsuit Targets New Britain Teacher

A class action lawsuit alleging that a city teacher abused many of her students in the course of a decade has been filed against the board of education. The suit was filed on Wednesday.

Read More at Hartford Courant…

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Province asks appeal court to throw out seniors’ class action lawsuit

Alberta’s highest court reserved decision Wednesday on whether to let a multi-million dollar class action lawsuit filed by thousands of seniors over nursing home fee hikes go ahead.

Read More at CBC Calgary…

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Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Has Been Filed Against Akeena Solar, Inc. …

ATLANTA, GA–(Marketwire – May 28, 2009) – Holzer Holzer & Fistel, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of California on behalf all persons or entities who purchased shares of Akeena Solar, Inc. (“Akeena” or the “Company”) ( NASDAQ : AKNS ) between December 26, 2007 and March 13, 2008. The lawsuit alleges, among …

Read More at Marketwire…

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Izard Nobel LLP Announces Class Action Lawsuit Against Akeena Solar, Inc.

WEST HARTFORD, CT–(Marketwire – May 27, 2009) – The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of California on behalf of those who purchased the common stock of Akeena Solar, Inc. …

Read More at Marketwire…

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NEW: Tyson Foods settles class action suit

EDWARDSVILLE – Food banks across Illinois will get about 1.7 million pounds of chicken as a result of the settlement of a class action lawsuit filed seven years ago in Madison County.

Read More at The Telegraph…

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Class action against AT&T given go-ahead

A federal District of Washington court yesterday rejected (PDF) objections to a class action lawsuit that accuses the carrier of abusive behavior in transition customers to its service. The plaintiffs can now bring their complaints, which center on what they claim are unfair practices in moving customers to its network in 2004 when it was still called Cingular; those from the then-smaller, …

Read More at MacNN…

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Holzer Holzer & Fistel, LLC Announces It Has Filed a Shareholder Class Action Against Sequenom, Inc.

ATLANTA, GA–(Marketwire – May 27, 2009) – Holzer Holzer & Fistel, LLC announces it has filed a class action lawsuit in the United States District Court for the Southern District of California on behalf all persons or entities who purchased shares of Sequenom, Inc. (“Sequenom” or the “Company”) ( NASDAQ : SQNM ) between June 4, 2008 and April 29, 2009 (the “Class Period”). The lawsuit alleges, …

Read More at NASDAQ: SQNM …

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Class action by ex-AT&T Wireless customers OKed

A federal court says AT&T Wireless subscribers who felt mistreated when the company was bought by Cingular can go ahead with a class action lawsuit.

Read More at AP via Yahoo! News…

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Sarraf Gentile LLP Updates Investors on Securities Fraud Class Action Against Bidz.com

NEW YORK, NY–(Marketwire – May 27, 2009) – On May 7, 2009, Sarraf Gentile LLP filed a securities fraud class action lawsuit in the United States District Court for the Central District of California on behalf of purchasers of common stock of Bidz.com ( NASDAQ : BIDZ ) (the “Class”) during the period between August 13, 2007 and November 26, 2007 (the “Class Period”). On May 22, 2009, a …

Read More at Marketwire…

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Class action by ex-AT&T Wireless customers allowed

AT&T Wireless subscribers who felt mistreated when the company was bought by Cingular can go ahead with a class action lawsuit, a federal court has ruled. Cingular is now part of Dallas-based AT&T Inc. after buying AT&T Wireless in 2004. Some customers… Related: AT&T Mobility – Class action – AT&T – Wireless – AT&T Wireless

Read More at San Francisco Chronicle…

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Judge Rakoff Explains Choice of Mississippi Fund to Lead Subprime Class Action

Remember Judge Jed Rakoff’s shock at the revelation that Coughlin Stoia monitors the investment portfolios of pension fund clients for litigation opportunities? On Tuesday, Rakoff issued an opinion explaining why he picked a Mississippi pension fund represented by Coughlin rival Bernstein Litowitz as lead plaintiff in a securities class action against Merrill Lynch — even though Bernstein’s …

Read More at Law.com via Yahoo! Finance…

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Former Ont. judge enlisted to mediate N.L. breast cancer testing error lawsuit

ST. JOHN’S, N.L. – A former Ontario judge will oversee the mediation of a class action lawsuit launched after hundreds of breast cancer tests were botched in Newfoundland and Labrador.

Read More at The Canadian Press via Yahoo! Canada News…

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Brower Piven Announces the Filing of a Class Action Lawsuit Against Bidz.com Expanding the Class Period to Include …

Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of purchasers of the common stock of Bidz.com (NASDAQ: BIDZ) during the period between August 13, 2007 and November 27, 2007, inclusive.

Read More at Marketwire via Yahoo! Finance…

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Stull, Stull & Brody Announces Dismissal Without Prejudice of Second Amended Complaint in 401

Stull, Stull & Brody announced today that the United States District Court for the District of Minnesota has issued an order dismissing without prejudice the Second Amended Complaint in the 401(k) ERISA class action lawsuit which Stull, Stull & Brody filed in August 2008 against Medtronic, Inc. and other alleged fiduciaries of the Medtronic, Inc.

Read More at K ERISA Class Action … …

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Court throws out ‘frivolous’ class action against Strauss

In an unusual move yesterday, the Tel Aviv District Court declined to give the go-ahead for a settlement reached in a class action against food giant Straus Group, on the grounds that the lawsuit was “frivolous.”

Read More at Haaretz Daily…

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UC Davis student files class-action suit

UC Davis student Joshua Rottman and roughly 15,000 other students nationwide have recently filed a class-action lawsuit after paying for a special presidential inauguration travel package and allegedly not receiving what they were promised. The Virginia-based company, Envision EMI, organized a Congressional Youth Leadership Council program that promised opportunities for students to “bear …

Read More at The California Aggie…

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Mediation Dates Set for Breast Cancer Testing Lawsuit

The dates for mediation of the class action lawsuit over faulty hormone receptor testing at Eastern Health have been set. Lawyer Ches Crosbie says the Honorable George W. Adams, former Ontario Superior Court Judge, will mediate the dispute in St. John’s October 28th to the 30th.

Read More at Voice of the Common Man…

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Nortel Named in Class-Action Lawsuit

A class-action lawsuit filed in New York claims Nortel wasn?t so forthcoming about its financial troubles in the summer of 2008.

Read More at BillingWorld…

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Former judge to mediate breast cancer testing lawsuit

A St. John’s lawyer said Tuesday that a former Ontario judge has agreed to mediate in a class action lawsuit over hundreds of flawed breast cancer tests.

Read More at CBC Newfoundland and Labrador…

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Judge lets class action suit proceed against BankAtlantic Bancorp

U.S. District Judge Ursula Ungaro denied BankAtlantic Bancorp?s motion to dismiss a shareholder class action lawsuit against the company, Chairman and CEO Alan Levan and other executives. Click here to read the order. (BBX)

Read More at BizJournals…

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PROVINCIAL: Health workers launch $50M lawsuit

CALGARY ? Calgary health-care workers have launched a $50-million class-action lawsuit against their employers? payroll and benefits provider, claiming years of chronic errors. The lawsuit against Telus Sourcing Solutions Inc.[...]

Read More at Grande Prairie Daily Herald-Tribune…

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