Red Hat and IBM Deal Leads to Shareholder Complaints

Technology giant IBM’s recent acquisition of open source software company Red Hat continues to make waves in the investment world. By merging with Red Hat, IBM can operate beyond its current infrastructure, which relies heavily on in-house private servers and third-party cloud sources. The merger allows secure and portable interfaces across multiple cloud platforms. While […]

Benefits of Class Action Lawsuits

Class action lawsuits are useful for groups of individuals who have suffered a loss due to a company’s harmful actions. By banding together instead of pursuing separate lawsuits, individuals who have suffered harm can consolidate their efforts and increase their chances of success. There are several significant benefits to class actions, compared to what plaintiffs […]

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College admissions scandal brings federal class action lawsuit

Erica Olsen was seemingly a highly qualified candidate when she applied for admission to Yale University a couple years. Ditto that for Kalea Woods and her application materials submitted to the University of Southern California. Neither Olsen nor Woods got into their first-choice schools, although they were subsequently admitted to prestigious Stanford University, where they […]

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Government Fraud-Linked Legislation has Serious Staying Power

Many happy returns. Kudos to the federal False Claims Act, which just celebrated its 156th birthday. The FCA was enacted as law during the Civil War in 1863 to address fraud committed by military contractors and other parties doing business with the federal government. It has obviously endured, with proven effectiveness that has progressively increased […]

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A Few Noteworthy Points Renew DOJ Chief and Whistleblowing Law

It’s not just an open book. It’s more like a broken record marked by constant echoes. Those would be utterances from William Barr’s past, which are now getting a big revisit in the whistleblowing universe commensurate with Barr’s recent rise to the helm as the U.S. Department of Justice Attorney General. Barr’s arrival – he […]

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Forced Arbitration Centrally Spotlighted in Google Developments

“Today, justice won.” That was the expressed view of one national legislator last week following flatly notable news concerning global technology giant Google relevant to employee relations. And people are paying attention to the details because Google is, well, Google. Here’s what happened: the company caved on its longstanding practice requiring workers with grievances to […]

Florida and New York Classes Recommended for Certification in Gerber False Advertising Action

On February 20, 2019, Magistrate Judge Ramon E. Reyes, Jr., of the United States District Court for the Eastern District of New York, found that the proposed classes of New York and Florida consumers of Gerber Products Co.’s (“Gerber”) Good Start Gentle baby-formula satisfied their state law requirements, while proposed North Carolina and multistate classes […]

Risk Management Investor Class Action Against Credit Suisse Continues

On February 19, 2019, Judge Lorna G. Schofield, of the United States District Court for the Southern District of New York, recently ruled that investors in Credit Suisse Group AG (“Credit Suisse”) sufficiently alleged that the bank concealed risk management issues in its fixed-income franchise before $1 billion in write-downs in 2016. The class, headed […]

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Whistleblower Cases Yield Huge Fraud Recovery Against Pharmacy Chain

Federal regulators and law enforcers understandably don’t like being defrauded by companies that take taxpayers’ money and do business with government agencies. When possible, they strike back hard with financial clawbacks and penalties assessed under a plethora of laws that spotlight fraud and attack it aggressively. One such law is the federal statutory False Claims […]