TD Bank Must Face Bulk Of Investors' AML Penalties Suit

By Sydney Price

A New York federal judge has ruled TD Bank and some of its executives must face the majority of claims in an investor action related to a $3 billion settlement the bank signed with U.S. authorities over anti-money laundering compliance failures, saying they made some statements that may have downplayed the severity of the issues the bank faced.

Opinion attached | Read full article » | Save to favorites »

Exclusive

Amazon Flags Possible Abuse In Chicago 'Schedule A' Suits

By Ivan Moreno

Amazon is moving to pause court-ordered fund transfers in more than a dozen trademark cases brought against large numbers of online sellers in Chicago federal court, saying that while it's not a party to the litigation, it's investigating whether some of the lawsuits were used to obtain money the retailer previously froze for reasons unrelated to the disputes.

1 document attached | Read full article » | Save to favorites »

Paraquat Judge Demands To Meet 700 Opt-Out Plaintiffs

By Cara Salvatore

The Illinois federal judge overseeing mass litigation claiming the herbicide paraquat causes Parkinson's disease ordered a plaintiffs' lawyer Wednesday to reveal who is funding his cases and to start attending fortnightly conferences so she can speak to each of his 700 clients who have opted out of a global settlement.

Read full article » | Save to favorites »

Justices Appear Wary Of Broad Reach For Video Privacy Law

By Allison Grande

Several U.S. Supreme Court justices seemed hesitant Wednesday to take a more expansive view of the online activities protected by the Video Privacy Protection Act, raising concerns that such an approach would buck the statute's original intent and invite a flood of litigation against a wide range of companies.

Read full article » | Save to favorites »

Analysis

Paramount, State AGs Chose Certainty Over Merger Trial Risk

By Matthew Perlman

Paramount Skydance closed its $110 billion purchase of Warner Bros. Discovery on Oct. 6, after reaching a settlement with state enforcers that experts say was driven by both politics and the underlying litigation risk for both sides.

Read full article » | Save to favorites »

Carpenters Broker $9.25M Deal In $250M Pension Loss Suit

By Grace Elletson

The trustees of a carpenters pension plan and an investment advisor promised to pay $9.25 million to resolve a suit from workers who claimed they saw a $250 million loss in savings when the plan invested in speculative Allianz index funds, according to a Washington federal court filing.

2 documents attached | Read full article » | Save to favorites »

Amazon Workers Allege Unpaid Time At Exit Security Checks

By Ben Adlin

Amazon.com Services LLC fails to pay its Washington warehouse workers for time spent in mandatory anti-theft security screenings when leaving its facilities, two former employees claimed in a proposed wage class action filed in state court Monday.

Complaint attached | Read full article » | Save to favorites »

Hegseth Trans Slur May Lead To Deposition, Judge Says

By Jared Foretek

Defense Secretary Pete Hegseth will have to answer questions in a lawsuit challenging the Trump administration's transgender troops ban, after a D.C. federal judge said Wednesday that his recent use of a slur for trans people could show that the policy was motivated by animus.

Read full article » | Save to favorites »

Brief

Cognizant's $2.8M 401(k) Deal Hits Speedbump

By Patrick Hoff

A New Jersey federal judge refused to approve a $2.8 million agreement ending a proposed class action alleging information technology company Cognizant loaded its 401(k) plan with poor investment options and lofty fees, ruling workers hadn't explained why the court should bless the deal.

Letter attached | Read full article » | Save to favorites »

Brief

7-Eleven To Pay $2.3M To Resolve Tobacco Fee Fight

By Patrick Hoff

7-Eleven Inc. will pay $2.3 million to settle a proposed class action alleging it violated federal benefits law by failing to let tobacco-using workers who completed a cessation program totally avoid a $720 annual health plan fee, according to a filing in Texas federal court.

Memorandum attached | Read full article » | Save to favorites »

Venture Global Beats Investor Action Over IPO Disclosures

By Katryna Perera

Energy company Venture Global Inc. has permanently defeated a proposed class action accusing it of hiding production issues and cost overruns at its Louisiana natural gas liquefaction and export projects ahead of its $1.75 billion initial public offering, with a New York federal judge finding the suit failed to plead any material misleading statements.

Order attached | Read full article » | Save to favorites »

Jenzabar Investors Ask Del. Justices To Revive $55M Suit

By Jarek Rutz

Jenzabar Inc. and former members of New Media Investors II LLC, an investment vehicle formed to hold Jenzabar securities, clashed before the Delaware Supreme Court on Wednesday over whether the investors can revive their suit seeking roughly $55.25 million tied to the higher education software company's stock warrants, even though the investment vehicle was canceled in 2017.

Read full article » | Save to favorites »

EV Charging Co. To Pay Investors $4M In Liquidity Woes Suit

By Sydney Price

Bankrupt electric-vehicle charging infrastructure company Charge Enterprises Inc. has agreed to pay $4 million to resolve an investor's proposed class action alleging the company and its executives concealed a liquidity crisis involving the founder and his investment advisory firm before the company's downfall.

Memorandum attached | Read full article » | Save to favorites »

Perrigo To Pay $10M To End Consumer Gerber Antitrust Suit

By Hailey Konnath

Perrigo will pay $10 million to consumers accusing the company of cutting an anticompetitive agreement with Gerber to maintain a monopoly in the store-brand infant formula market, according to a motion filed in New York federal court Tuesday.

Settlement attached | Read full article » | Save to favorites »

Kroger's 'Zero Sugar' Syrup Draws Allulose Labeling Suit

By Celeste Bott

Kroger was hit with a proposed class action in Illinois federal court Wednesday alleging its maple syrup's "Zero Sugar" label misleads shoppers because it contains allulose, joining a growing number of suits following a Seventh Circuit ruling that the sweetener qualifies as sugar under federal labeling rules.

Complaint attached | Read full article » | Save to favorites »

Grok's Facial Analysis, Editing Abilities Draw BIPA Fight

By Lauraann Wood

Elon Musk's Grok artificial intelligence technology contains image-understanding capabilities that involve scanning the facial geometry in uploaded photos in violation of Illinois users' biometric privacy rights, a federal lawsuit alleges.

Complaint attached | Read full article » | Save to favorites »

Insurer Can't Dodge Igloo Cooler Injury Suit Coverage Row

By Danielle Ferguson

Several class actions alleging consumers were injured by defective handles on Igloo roller coolers triggered an insurer's duty to defend the company, an Illinois federal judge said Wednesday, denying most of the insurer's bid to toss the breach of contract claims against it.

Order attached | Read full article » | Save to favorites »

Farmers Insurer Must Face Proposed Class Life Policy Claims

By Rachel Riley

A Seattle federal judge refused on Tuesday to toss a proposed class action against a Farmers Insurance subsidiary, concluding the plaintiff has leveled valid contractual and consumer protection claims based on contentions that the insurer overcharged for life insurance and underpaid interest on policyholder accounts.  

Order attached | Read full article » | Save to favorites »

State Farm Says Insureds' $7M Fee Bid Ignores Case Losses

By Ben Adlin

State Farm urged a Seattle federal judge to slash policyholders' bid for attorney fees in two class actions in which the insurer was found liable for shortchanging customers on payouts for totaled vehicles, contending the plaintiffs' nearly $7 million in requested fees should be pared down to $1.9 million.

2 documents attached | Read full article » | Save to favorites »

How A New Case Redefines The Birthright Citizenship Battle

After the U.S. Supreme Court's birthright citizenship ruling last term in Trump v. Barbara, the Trump administration issued a new executive order attempting to limit the categories of individuals eligible for this status — and a pending court challenge to the new order shows where the legal battle lines are being redrawn, say attorneys at Fragomen.

Read full article » | Save to favorites »

What Lawyers Should Know Before Accepting Crypto Payment

As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.

Read full article » | Save to favorites »

Watchdog Wants Probe Of Trump Press Secretary's Atty Claim

By Jack Karp

A nonprofit government watchdog on Wednesday asked the State Bar of California to investigate whether the new White House press secretary has claimed to be an attorney without being licensed to practice law.

1 document attached | Read full article » | Save to favorites »

Ex-BigLaw Atty Wants Firm Docs For Insider Trading Defense

By Carolyn Muyskens

A former BigLaw associate accused of insider trading is seeking records from ex-employers Sidley Austin LLP, Latham & Watkins LLP and Goodwin Procter LLP to help fight charges that he tipped others about nonpublic deals the firms were working on.

Motion attached | Read full article » | Save to favorites »

Quinn Emanuel Seeks Arbitration Of $1.7M Fee Dispute

By Caroline Simson

Quinn Emanuel Urquhart & Sullivan LLP is urging a California federal court to order an entrepreneur to arbitrate malpractice claims stemming from the firm's representation of her in a sexual harassment claim against a technology investor as it seeks to collect more than $1.7 million in unpaid fees.

Brief attached | Read full article » | Save to favorites »

Baker Botts Atty Seeks $3.4M In Fees After Defamation Suit

By Madison Arnold

A Baker Botts LLP patent attorney has moved for almost $3.4 million in attorney fees and expenses in a defamation suit an inventor brought against her that was dismissed.

Motion attached | Read full article » | Save to favorites »

Fox Rothschild Beats Daycare's Malicious Prosecution Suit

By George Woolston

A New Jersey state court dismissed an adult daycare company's suit against Fox Rothschild LLP and one of its attorneys related to their prosecution of a fraudulent loan lawsuit that led to a $65,000 sanction against the firm, according to a court order.

Order attached | Read full article » | Save to favorites »

DLA Piper Accused Of Malpractice In Investor's Soccer Deals

By Bonnie Eslinger

American businessman John Textor has filed a legal malpractice suit in Florida against DLA Piper over the firm's representation in connection with an investment vehicle he created to acquire soccer clubs in the United Kingdom and other countries, claiming his damages could exceed hundreds of millions of dollars.

Read full article » | Save to favorites »