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SUTTS, STROSBERG LLP FILES CLASS ACTION AGAINST ALANGE ENERGY CORP
Class Action |
2011/04/18 09:54
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A class action has been commenced in the Ontario Superior Court of Justice on behalf of all investors who acquired shares of Alange Energy Corp. during the period August 30, 2010 to and including January 12, 2011. The plaintiff alleges that the defendants engaged in violations of Ontario's Securities Act and the common law.
The plaintiff has retained Sutts, Strosberg LLP to prosecute the class action.
The plaintiff alleges that throughout the Class Period, the defendants misrepresented its daily production of oil that was reported and disseminated to the public.
On January 13, 2011, Alange disclosed that it overstated its daily production of oil by as much as 39 per cent. After the disclosure, Alange's share price declined by more than 37 per cent on trading volume of more than 100 million shares.
Jay Strosberg, a partner of Sutts, Strosberg LLP said, "The question that is being asked is how could a company with experienced management so significantly overstate the amount of oil that it was producing?"
Sutts, Strosberg LLP pioneered securities class actions in Ontario. As a result of resolving class actions such as YBM Magnex, Southwestern Resources, Atlas Cold Storage, CV Technologies and NovaGold Resources; Sutts, Strosberg LLP has recovered more than $150 million for its clients in securities class action alone. Please visit the Sutts, Strosberg LLP website www.strosbergco.com and www.aleclassaction.com for more information about the Alange class
.
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Apple Hit with Class Action Lawsuit over In-App Purchases
Class Action |
2011/04/18 09:52
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Apple’s in-app purchasing policies have been challenged by a Pennsylvania man, Garen Meguerian, who claims that the Cupertino-based technology firm’s concerned policies are supporting unauthorized purchases.
Garen Meguerian, a father of two girls, filed a class-action lawsuit against Apple in a Northern California district court, claiming that Apple unlawfully targets children and entices them to purchase expensive virtual goods from the iTunes App Store.
Meguerian says that Apple’s in-app purchasing policies allowed his nine-year-old daughter to purchase virtual goods worth roughly $200 without permission.
Explaining the problem, Meguerian says that after entering a password to download an app a user gets a fifteen-minute window to make in-app purchases without entering the password again.
Meguerian adds that the in-app purchase policies allow "unlawful exploitation" of children and their parents’ wallets.
This is not the first time when Apple is feeling the brunt of parents’ criticism over its in-app purchasing policies. A few months back, the Washington Post reported that an eight-year-old child racked up $1,400 in in-app charges while playing Capcom's "Smurfs' Village" game |
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Judge Considers $30M Dairy Antitrust Settlement
Court Watch |
2011/04/18 09:51
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A federal judge in Vermont is considering moving forward with a partial settlement of an anti-trust lawsuit in which national dairy processor Dean Foods would pay some northeast dairy farmers $30 million.
But U.S. District Court Judge Christina Reiss said Friday she may defer a decision on part of the settlement that would require Dean Foods of Dallas to change its milk-buying practices in the region for 30 months by buying milk from independent farmers, a controversial provision that the plaintiffs say would jump start competition but a national dairy cooperative says would harm some farmers.
"I am likely to sever the settlement," Reiss told lawyers during a hearing on Friday.
Farmers have complained for years that Dean, the cooperative Dairy Farmers of America and its marketing affiliate Dairy Marketing Services have come to dominate the milk-buying market and have held down prices paid to farmers.
By agreeing to the settlement, Dean Foods does not admit any liability and "continues to maintain that it has not broken any laws," Dean Foods' attorney Paul Friedman said Friday.
It settles a class action lawsuit filed in 2009, which means 5,000 to 10,000 farmers could get a share of the settlement.
During the more than two-hour hearing, both sides urged Reiss to approve the deal, which plaintiff lawyer Kit Pierson said was "reached after extraordinarily difficult negotiations with Dean Foods."
But DFA and DMS, which are also named as co-defendants in the class-action lawsuit but are opposed to the settlement, said the provision in which Dean Foods would get 10 to 20 percent of the raw milk it buys for plants in Lynn and Franklin, Mass., and in East Greenbush, N.Y., from sources other than DMS for 30 months takes business away from their farmers and gives it to someone else.
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Del. Judge Approves Class Action Lawsuit Against Bradley
Class Action |
2011/04/18 09:51
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A Delaware judge will allow a class action lawsuit in the case of accused pedophile pediatrician Earl Bradley.
New Castle County Superior Court Judge Joseph R. Slights III approved class action status on April 6, according to the court. The judge's orders are sealed for now, leaving many details unclear.
The move will allow apparent victims to combine dozens of civil lawsuits against Bradley, former employer Beebe Medical Center and three doctors accused of failing to report suspicions of misconduct: James P. Marvel, Carol A. Tavani and Lowell F. Scott Jr.
Bruce Hudson, an attorney representing the victims, said in an interview last May class action status would require attorneys to contact up to 7,000 former patients.
Hudson, could not be reached on Tuesday, initially said class action status may benefit both sides. The attorney said the courts could set up a compensation system for former patients.
Bradley once worked at Beebe as chief of pediatrics though it does not appear any abuse took place at the hospital.
"We believe the class action approach is an orderly way to move forward," Beebe Vice President Wallace Hudson said in a statement. "We also said from the beginning that the children and their families must have our highest priority."
Hudson would not say how much the hospital's insurance may cover or what the latest move means for the facility's future.
Last summer, Beebe said credit agencies lowered the hospital's credit rating in response to lawsuits.
Law offices in Georgetown said at least 80 civil lawsuits have been filed in the case.
Jury selection for Bradley's criminal trial is set to begin in June in New Castle County.
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Court turns down appeal in murder plot case
Court Watch |
2011/04/18 09:50
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The Supreme Court has rejected an appeal in a murder-for-hire plot after the star prosecution witness forged documents used at trial and lied about his military background.
The court said Monday it will not review a divided appeals court ruling that, by a 6-5 vote, upheld the conviction of Idaho businessman David Hinkson for plotting to kill a federal judge, prosecutor and tax agent. Hinkson is serving a 43-year prison term.
Earlier, a three-judge panel on the San Francisco-based 9th U.S. Circuit Court of Appeals had decided that Hinkson deserved a new trial because the witness, Elven Joe Swisher, lied about his war record, including presenting forged documents.
Swisher later was convicted of defrauding the government of nearly $100,000 in veterans' benefits and wearing unauthorized military medals.
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Democrats criticize hiring of firm for House remap
Legal Marketing |
2011/04/18 07:50
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Democratic lawmakers are raising complaints about Republican House Speaker Jim Tucker's decision to hire a law firm with national GOP ties to submit the state House remap to federal officials.
The head of the House redistricting committee, Democratic Rep. Rick Gallot, said Friday the choice creates the appearance of impropriety because the firm had given the Republican delegation advice about redistricting.
The Senate is using its staff to do its redistricting submission.
Tucker has hired Washington, D.C.-based Holtzman Vogel PLLC to guide the redesign of the 105 House districts to the U.S. Justice Department for review under the Voting Rights Act.
Tucker says he chose a firm with the expertise needed for the complex legal work.
The managing partner of Holtzman Vogel is chief counsel to the Republican National Committee.
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Treasury risks overpaying law firms
Breaking Legal News |
2011/04/16 09:51
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The Treasury Department paid out more than $27 million to law firms overseeing the financial bailouts without requiring detailed bills or questioning the incomplete records that the lawyers provided, a government watchdog says.
Treasury's "current contracts and fee bill review practices create an unacceptable risk that Treasury, and therefore the American taxpayer, is overpaying for legal services," the Special Inspector General for the Troubled Asset Relief Program said in a report issued Thursday.
Treasury could not have adequately gauged whether the fees were reasonable because the records are so sparse, the report says.
The report criticizes so-called "block billing," in which law firms submit "vague and inadequate descriptions of work, and administrative charges — all of which should have been questioned before payment," the report says.
Treasury staff failed to question the charges for work that was described vaguely, the report says.
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website, lawyer website templates and help you redesign your existing law firm site to secure your place in the internet. |
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