Litigation/Liability Trends
Too Much Analysis Primes Whistleblower Suits: Lawyer
If your company uses a detailed analytical process to arrive at projections of growth or earnings, that process may make you particularly vulnerable to shareholder suits when forecasts don't pan out, ...
SEC Testing ‘Customized’ Punishments
The U.S. Securities and Exchange Commission is experimenting with punishments that more closely fit the wrongdoing at issue in a bid to give its enforcement cases more bite. Criticized for its ...
Lawsuit Tests Bloggers’ Freedom Of Speech Rights
A colleague of the late conservative blogger Andrew Breitbart is asking a federal court of appeals to throw out a defamation case brought against him by former government employee Shirley Sherrod, ...
Univ. of Tenn. Proposes Fracking On Its Own Land To Fund Research
The University of Tennessee wants to allow hydraulic fracturing to extract natural gas on a state-owned tract of rolling woodland and use the revenue to fund research into the environmental impact of ...BP Sues To Block Gulf Spill Settlement Payouts, Alleges Administrator ‘Rewriting’ Deal
On Friday, BP sued to block what could be billions of dollars in settlement payouts to businesses over the 2010 Gulf of Mexico oil spill, the worst offshore oil spill in U.S. history. The ...Cohen’s SAC To Pay $616 M In SEC Insider Trade Settlement
Hedge fund titan Steven A. Cohen's firm is paying $615.7 million to settle charges that it improperly traded in two stocks, in what is the largest-ever, insider trading settlement, U.S. securities ...La. Gov. Jindal Says Company Responsible For Sinkhole To Offer Home Buyouts
Texas Brine will offer buyouts to Assumption Parish residents whose homes are in a swampy area under evacuation because of a nine-acre sinkhole, Gov. Bobby Jindal said Wednesday. Scientists say the ...Sirius XM Sues D&O Insurers, Seeks to Recoup Post-Merger Defense Costs
New York-based satellite radio services company Sirius XM Radio Inc. filed a lawsuit against two directors and officers insurers last week. Sirius XM alleges XL Specialty Insurance Co. and U.S. ...