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Pomerantz Law Firm Has Filed a Class Action
Legal News Digest |
2012/08/22 14:44
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Pomerantz Grossman Hufford Dahlstrom & Gross LLP has filed a securities class action lawsuit against Monster Beverage Corporation and certain of its officers. The class action, filed in the United States District Court, Central District of California, is on behalf of all persons or entities who purchased or otherwise acquired Monster securities between February 23, 2012 and August 9, 2012, both dates inclusive (the "Class Period"). This securities class action seeks to recover damages caused by the Company's violations of the federal securities laws and to pursue remedies under § 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder against the Company and certain of its top officials.
If you are a shareholder who purchased Monster securities during the Class Period, you have until October 22, 2012 to ask the Court to appoint you as Lead Plaintiff for the class.
The Pomerantz Firm, with offices in New York and Chicago, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 75 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of defrauded investors.
www.pomerantzlaw.com. |
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3M Co. sues former law firm for switching sides
Legal World News |
2012/08/17 11:05
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The 3M Co. has filed a lawsuit against one of its former law firms, claiming its attorneys were motivated by "greed" when they switched sides in an environmental case against the conglomerate.
3M is suing Covington & Burling which is helping the state with a lawsuit against the company for environmental damage, allegedly caused by a chemical made by 3M and found in the Mississippi River and several lakes.
The Minnesota attorney general says the law firm agreed to help the state only after its work with 3M was finished. A statement from Covington says the firm had no "active matters" with 3M when it decided to help the attorney general in its case against the company. |
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Judge won't halt Pa. voter identification law
Court Press News |
2012/08/15 11:05
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A Pennsylvania judge isn't stopping a tough new voter identification law from going into effect.
Commonwealth Court Judge Robert Simpson on Wednesday refused to grant an injunction that would have halted the law requiring each voter to show a valid photo ID. Opponents are expected to file a prompt appeal to the state Supreme Court as the Nov. 6 presidential election looms.
The law is the subject of a furious debate over voting rights. People challenging it include some who say they'll be unable to vote.
Democrats say the law will make it harder for the elderly, minorities, poor and young adults to vote, and is designed to help Republican challenger Mitt Romney beat Democratic President Barack Obama.
Republicans who control the Legislature and the governor's office say they think it'll prevent voter fraud.
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NJ court upholds decal law for young drivers
Court Press News |
2012/08/10 12:43
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Young drivers in New Jersey will have to continue displaying a red decal on their license plates.
The state Supreme Court upheld "Kyleigh's Law" in a ruling Monday.
In a unanimous opinion, the high court ruled that requiring the decals doesn't violate federal privacy laws or laws against unreasonable search and seizure. An appeals court had ruled similarly last year in a challenge brought by two parents.
The law is named for a New Jersey teenager who was killed in a 2006 crash. It's meant to aid police in enforcing restricted privileges for young drivers.
Opponents say displaying the decals could leave teen drivers vulnerable to predators. But a report last year found only one reported incident in which an underage driver was stopped by someone impersonating a police officer. |
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Ga. court ruling could tighten foreclosure rules
Headline Legal News |
2012/08/08 12:42
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A court ruling in Georgia could force those foreclosing on homes to disclose who actually owns the loan.
The Atlanta Journal-Constitution reports that the July 12 ruling by the Georgia Court of Appeals applies mostly to foreclosures that happened from 2008 to 2011. It could leave banks vulnerable to lawsuits filed by those who lost their homes. It could also have consequences for ongoing foreclosures.
The ruling last month said that the name of the owner of a mortgage must appear in foreclosure filings and notices sent to delinquent borrowers. The notice must also reflect whether it was sent by the secured creditor or someone acting on the creditor's behalf.
Many lenders sell their loans to mortgage services that handle paperwork but don't own the loans.
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