Auditors are paid to make sure a company’s books are accurate. Fraud artists specialize in misleading auditors. So should an auditor pay for the damages caused by a fraud artist? That’s the question that may be decided in a trial Read more…
The Seventh Circuit Court of Appeals today issued an emphatic ruling rejecting a class action over Subway’s “footlong” sandwiches that, amazingly enough, sometimes come up short. In so doing, the influential Chicago court put the judges in its district, and Read more…
At the end of this month, California Supreme Court Justice Kathryn Werdegar is scheduled to retire, giving Gov. Jerry Brown the opportunity to appoint his fourth justice to the highest court in the nation’s most populous state, ending a Republican Read more…
(Note: The jury ultimately tossed this case on Aug. 22, refusing to find the railroad responsible) NEW HAVEN, Conn. (Legal Newsline) – The facts in Colon v. Metro-North Commuter Railroad are as clear as a jolt from a high-tension power Read more…
It was an absurdly large lawsuit covering an absurdly large class: U.S. law firm Quinn Emmanuel wanted to sue MasterCard for 14 billion British pounds on behalf of roughly 70 percent of the U.K. population, which was supposedly overcharged over Read more…
My latest piece on Legal Newsline: WASHINGTON — The U.S. Supreme Court closed a loophole when it ruled in Kokesh v. SEC that the Securities and Exchange Commission is limited to a five-year statute of limitations even in disgorgement orders. Read more…
The four major professional sports leagues have it. The insurance industry has it. Now the news media industry wants it, too: An exemption from federal antitrust laws so companies that are primarily in the business of gathering news can negotiate Read more…
A report out from U.S. Sen. Ron Johnson, Republican of Wisconsin and head of the Homeland Security Committee, details just how leaky Washington has gotten in the Trump era. The top-line number: In Trump’s first 126 days in office unnamed Read more…
My latest post on Legal Newsline: Jurors applied centuries-old concepts of negligence and liability to find that Syngenta, a Swiss agricultural products giant, should have known China would reject imports of any farm products tainted with its Viptera seed, which Read more…
However much truth there was in the oft-uttered phrase “hopelessly divided Supreme Court,” it was not the case this term. SCOTUSblog’s indispensable Stat Pack tells the story: – 59% of the decisions were 9-0, well above the five-year average of Read more…