Posts tagged Class Action

• Court of Federal Claims: Putative Class Members Must Opt Into Class Action Within 6 Year Statute of Limitations

  Shehnaz Bhujwala | June 21, 2009 1:07 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  From Law.com: Big Class Actions Against the Feds May Falter Plaintiffs lawyers say recent decision goes against more than a century of practice Mike Scarcella The National Law...

• Federal Court Reinstates Antitrust Class Action Suit Against Banks

  Shehnaz Bhujwala | April 28, 2008 4:40 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  A federal appeals court on Friday reinstated a class action lawsuit by credit card holders that alleges some of the nation's biggest banks illegally calluded to force customers to use arbitration instead of the courts to settle disputes. The Associated ...

• Repackaging Risk

  Paul Kiesel | March 28, 2008 4:17 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  As of this moment, on the auction site eBay, there are an assortment of Bear Stearns items being listed by several sellers. There are coffee mugs, t-shirts, duffle bags, umbrellas, etc. and all of them bear the Bear Stearns logo. But there is one item separating itself from all the others: a blue Bear Stearns helmet. The last bid on it, as of 1:40 PM PST, was for $152.50 and has 18 hours left...

• Don't Look to McCain for Help with the Mortgage Crisis

  Paul Kiesel | March 25, 2008 6:24 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  John McCain believes that the number one issue for Americans is national security. According to the Associated Press, and shortly after Governor Charlie Crist of Florida endorsed him as a Presidential candidate, Mr. McCain said, "Even if the economy is the, quote, No. 1 issue, the real issue will remain America's security [. . .]" This statement shows he has not wavered from his campaign's main...

• Affluent Were as Susceptible to the Lure of Adjustable Rate Mortgages

  Paul Kiesel | March 25, 2008 6:00 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  At the peak of the housing boom to purchase homes, many affluent consumers with annual incomes of $100,000 or more were lured into taking out adjustable-rate mortgage (ARM) loans, under the impression that they would be able to lower their monthly mortgage payment (from existing fixed-rate mortgages) or that it would allow them more financial flexibility. In order to secure these lower monthly...

• Granting Telecom Companies Immunity From Pending Class-Actions Violates Our Civil Rights

  Shehnaz Bhujwala | March 04, 2008 10:07 AM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Last week, President Bush strongly urged US lawmakers to pass "anti-terrorism legislation" that would restore legal immunity to telecommunications companies, such as AT&T, BellSouth and Verizon, that aided federal efforts to eavesdrop on emailed communications and telephone conversations between the United States and other countries. Today, there is potential for passage of this legislation:...

• Wiretapping Act Lapses As House Democrats Continue Debate Against Retroactive Immunity for Compliant Telecommunications Companies

  Shehnaz Bhujwala | February 27, 2008 10:42 AM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  The recent lapse in a temporary US wiretapping law has brought much uncertainty to private telecommunications companies and, according to the White House, threatens to disrupt future surveillance operations. Fueling this uncertainty is the raging debate in Congress over whether phone providers that helped in the National Security Agency's post 9/11 program of wiretapping without warrants should...

• HOME BUILDER AND COUNTRYWIDE ACCUSED OF CONSPIRACY TO DEFRAUD CONSUMERS

  Michael Eyerly | February 08, 2008 5:49 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  As if the news about the housing industry wasn't bad enough already. What with stagnant home sales, plummeting home prices and the so called "sub-prime mortgage meltdown" there are plenty of things about which to worry. Now comes news of an alleged scheme carried out by KB Home and Countrywide Financial to defraud consumers. Here is what a newly filed class action lawsuit alleges - KB Homes...

• UC Regents Ordered to Pay Refunds to Professional Students for Improper Tuition Hikes

  Shehnaz Bhujwala | January 29, 2008 1:26 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  California's Supreme Court has denied the University of California's appeal in Kashmiri v. Regents of University of California, awarding thousands of professional students $40 million enrolled in UC programs whose tuition fees were increased during the 2002-2003 school year, despite the Regents' promise to hold fees steady.The class action lawsuit was filed in San Francisco July of 2003, when...

• Federal Judge Permits Class-Action Lawsuit To Proceed Against VA

  Shehnaz Bhujwala | January 14, 2008 3:35 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Veterans of the current wars in Iraq and Afghanistan shall have their day in court, after all. US District Court Judge Samuel Conti has cleared a national class-action lawsuit challenging the constitutionality of the US Department of Veteran's Affair's claims system. The ruling affirms the rights of veterans with Post Traumatic Stress Disorder (PTSD) to sue in federal court over the huge...