This settlement is yet another example of how class action lawsuits can be a one-sided sham.
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Now class action lawsuits are being filed against analysts and their employers for their bullish recommendations.
The tech companies would have loved for those types of class action lawsuits to go away.
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One part of the risk calculus must be: will settlement inspire more resource-diverting class action lawsuits?
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Privacy concerns about smartphone apps are generating more than just class action lawsuits now.
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It should support class action lawsuits against the PA by terror victims in local courts.
The Labaton firm is representing state and county pension funds in more than a dozen security class action lawsuits.
"I expect a flurry of class action lawsuits in US, Canada, and in every European country, " Mr Kusnetzky said.
Equifax is now facing federal class action lawsuits in New Jersey and Pennsylvania over claims files were mistakenly tagged with negative info.
Outside board members are rarely named in either securities class action lawsuits or Securities and Exchange Commission actions over disclosures.
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Or does what happened with Zynga merely begin and end with the benefit of the doubt and the standard ambulance-chasing class action lawsuits?
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Nonetheless, there are some class action lawsuits that are really obnoxious.
Congress not only added considerably to the cost, but stripped away the protection from future class action lawsuits the tobacco companies thought they were getting.
This disclosure inspired numerous investigations overseas, calls by members of Congress for a Federal Trade Commission (FTC) investigation, and, of course, parasitic class action lawsuits.
At least a dozen Chinese companies, mostly technology companies listed on the NYSE, dominated the least of class action lawsuits filed by American shareholders earlier this summer.
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It is not expected that the opening of the archives will have major legal implications because the deadlines set for international class action lawsuits have now passed.
Expect more flurries of class action lawsuits over privacy issues.
The potential outcome of the dispute, the inability for investors to band together to participate in class action lawsuits, could be a disaster for small investors across the country.
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Dietrich said that some venture capital firms in the US, with Chinese partners, are taking over Chinese firms whose stock has been distressed because of class action lawsuits against them.
Class action lawsuits are already rolling in from the United States after Sony belatedly revealed a massive data breach to its PlayStation Network, affecting roughly 77 million of its users.
The consultants get out of the deal with their dough before any money is paid to borrowers and any class action lawsuits are filed that claim borrowers were cheated by the process.
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At this point, class action lawsuits over privacy violations have been one of the primary mechanisms for consumers to essentially punish companies that have done privacy wrong (E.g. the Facebook Beacon disaster).
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The class action lawsuits filed in New York against Satyam and its directors and officers did not originally include the PwC U.S. firm as a defendant, only their Indian firms and PwC International.
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Cigarette firms have long argued that class action lawsuits are inappropriate in smoking and health cases, because not all victims of smoking-related illnesses can be assumed to have had the same appreciation of the risks involved in consuming tobacco.
The company told Shanghai Daily on Monday that it intends to stick around and open up five new offices despite auditors like PwC getting caught up in the middle of ugly international class action lawsuits against Chinese firms for accounting fraud allegations.
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Since February 2007, 69 securities class action lawsuits have been filed related to the subprime meltdown, including 11 brought by investors in auction-rate securities, two by investors in bond funds that had losses, and two against investment banks for their hand in creating the structured product market.
If these improprieties had taken place at Goldman Sachs or Morgan Stanley, C-level executives would have been frog marched out of their office buildings in handcuffs and a flood of shareholder class action lawsuits would have been filed in state and federal courts across the nation.
In other forms of class-action lawsuits, notably those concerning civil rights, each member of the class stands to gain a similar, common benefit for example, access to something that had previously been denied.
The Class Action Fairness Act (CAFA) of 2005 expanded federal jurisdiction over class-action lawsuits primarily to reduce so-called "forum shopping, " where plaintiffs would look for the locale friendliest to class-action cases and then file in courts there.
Several class-action lawsuits have been filed and consolidated in a New York federal court.
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