January 5, 2008 |
A state appeals court Thursday vacated its month-old decision that had allowed policyholders the right to sue as a class over canceled health coverage and granted Blue Shield of California a rehearing on the hotly contested issue. The Dec. 4 ruling was a victory for consumers. Then, the state Court of Appeal in Los Angeles opened the door to class-action lawsuits by policyholders who had been dropped after they filed claims for medical care.
October 31, 2007
Famous -- or make that infamous -- class-action attorney William S. Lerach pleaded guilty Monday to one count of conspiracy, admitting his role in a $11.3-million kickback scandal that has upended his former law firm, the pathbreaking shareholder advocacy firm of Milberg Weiss. As part of his plea, Lerach will pay $8 million to the federal government, and could spend up to two years in prison.
October 19, 2007 |
A man prosecutors say was paid about $2.6 million to be a professional plaintiff who helped a New York law firm get lucrative class-action lawsuits pleaded guilty Thursday to obstruction of justice and two other charges. After reaching a plea deal, Seymour Lazar, 80, of Palm Springs appeared before U.S. District Judge John Walter in Los Angeles. He also pleaded guilty to one count each of subscribing to a false tax return and making a false declaration.
September 22, 2007 |
TJX Cos. said it and Fifth Third Bancorp had agreed to settle class-action lawsuits brought on behalf of customers in the U.S., Puerto Rico and Canada who were victims of a criminal intrusion into TJX's computer system. Under the settlement, customers of TJX stores who had their driver's license or other identification information stolen after making returns without a receipt are being offered two to three years of credit monitoring and identity theft insurance and the cost of replacing IDs.
September 18, 2007 |
Celebrated securities lawyer William S. Lerach, who recouped billions of dollars for defrauded shareholders and collected billions in legal fees, has agreed to plead guilty to one count of conspiracy in an alleged kickback scheme and could serve as long as two years in prison, people familiar with the situation said Monday.
CALIFORNIA | LOCAL
September 7, 2007 |
Civil rights lawyers filed 164 more claims against the city of Los Angeles on Thursday in connection with injuries or emotional harm allegedly suffered when the LAPD broke up a May 1 immigration protest at MacArthur Park. Lawyer Carol Sobel, speaking for scores of people who were in or near the park on the day when police fired rubber bullets into the crowd, said she and other lawyers would pursue a class- action lawsuit against the city and the Los Angeles Police Department.
August 31, 2007 |
The California Supreme Court handed workers a major victory Thursday, allowing them to bring class-action lawsuits alleging labor code violations even if they had signed agreements with their employers requiring them to arbitrate such disputes.
July 23, 2006 |
These days Bill Lerach is either at the top of his profession -- or on his way to jail. A decade after Congress passed tort-reform legislation written partly to curb Lerach's growing clout against corporations, the class-action shareholder lawsuits he helped pioneer are booming and Lerach has roared back as one of the field's most successful practitioners. He won final approval in May for a $6.6-billion settlement for Enron Corp.