News Roundup (2401)
Plaintiff Firms Ordered to Detail Political Contributions
- News Roundup
- Written by PLP News
A federal judge last week ordered two law firms that represent the Mississippi Public Employees' Retirement System (MissPERS) in a securities class action lawsuit against Diamond Foods to provide details of their political contributions.
Read more...Court Expands 'Fair Use' for Artists Using Copyrighted Works
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- Written by PLP News
A federal appeals court in New York last week ruled that an artist who incorporates the copyrighted works of another artist without permission does not necessarily have to comment on the copyrighted work to be entitled to the protections of the “fair use” defense to copyright infringement claims.
Read more...Judge Scolds Gov’t for Pursuing Millionaire Widow for Tax Evasion
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- Written by PLP News
A federal court judge in Florida chided the government for pursuing the conviction of a 79-year-old widow who pleaded guilty to—and paid a $21.6 million penalty in connection with—one of the largest individual offshore tax evasion cases in U.S. history, according to Bloomberg.
Read more...BoA to Pay Mortgage Investors Record $500M Settlement
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- Written by PLP News
Photo of Bank of America ATM Machine by Brian Katt, Framingham Rest Stop, Massachusetts. (Photo credit: Wikipedia)
Bank of America last week agreed to pay investors who claim they were misled into buying risky mortgage debt $500 million—the most ever paid to settle a federal class action over mortgage-backed securities, Reuters reports.
Read more...‘Gay Conversion’ Therapy Ban Hits Appeals Court
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- Written by PLP News
A federal appeals court in San Francisco last week heard arguments over the constitutionality of a California law barring therapists from trying to change the sexual orientation of people younger than 18, the New York Times reports.
Read more...Securities Class Actions at Lowest Levels Since 2009
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- Written by PLP News
A report by PricewaterhouseCoopers shows that in 2012 there were only 172 securities class actions filed, the fewest filed in any year since 2009.
Read more...Lawyer Lands $130M Verdict After Rejecting $8M Offer
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- Written by PLP News
A New York litigation attorney was criticized for advising his client to turn down an $8 million offer to settle a medical malpractice case filed on behalf of a girl with cerebral palsy.
Read more...States Lacking Lawyers in Rural Areas Offer Subsidies
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- Written by PLP News
Whole sections of states like South Dakota—where 65% of the lawyers live in four urban areas—are in danger of not having access to legal services, reports the New York Times.
Read more...NY Bar Exam Not Among Top 10 Most Difficult: Report
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- Written by PLP News
A professor at Pepperdine School of Law has ranked state bar exams by difficulty using an algorithm that takes into account not just passage rates, like most rankings do, but also the LSAT scores of the law students who took the exams, according to an article in Above the Law.
Read more...Jury Rejects Actress’s Claim Against IMDb for Printing Her Age
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- Written by PLP News
A jury in Seattle refused to award any money to a little-known actress claiming she lost work as a result Internet Movie Database (IMDb) printing her real age, according to the Associated Press.
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