The 18-month decline in shareholder class action filings has reversed course, with 2007 federal filings projected to increase by 58 per cent compared to the previous year, And subprime is driving a lot of it.
In a cultural landscape where cable and broadcast networks are littered with reality television dripping with innuendo and sexual couplings, suggestive music videos and celebrity crotch shots, some might find the idea that someone could win thousands of dollars after two children are exposed to a few minutes of pornography ridiculous.
An investigation into the circumstances behind this case.
New data shows securities lawsuits are on the rise. And the payouts are getting bigger. If you include the biggest ones, the average payout comes out to $100 million.
The legal dispute between writer Clive Cussler and Crusader Entertainment over that dog of a movie, Sahara has produced some toxic allegations. Cussler has accused Crusader Entertainment of bribery and corruption, and Crusader has accused him of inflating his book sales.
The lawyers’ picnic at Fannie Mae continues. Lawsuits are flying everywhere and now the auditors at KPMG are suing Fannie Mae for withholding information.
Get ready for a spate of age related law suits, say the attorneys. It's said to be an inevitable result of an ageing workforce. Even those companies that don't think they discriminate might be vulnerable.
Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.
