Today's Date: Add To Favorites   
Maine federal judge lets class action in care suit
Court News | 2011/02/03 01:56

A federal judge in Maine says 40 residents with cerebral palsy, epilepsy and other conditions can join a lawsuit seeking to force the state to provide opportunities for them to live outside nursing homes.

On Monday, U.S. District Court Judge John Woodcock granted class-action status to a lawsuit filed by three men with cerebral palsy who want to live on their own but retain services provided by the Maine Department of Health and Human Services.

In the lawsuit filed in December 2009, the three argued the state violated the Americans with Disabilities Act and the Nursing Home Reform Act because it failed to make it possible for them to live outside nursing homes.

The Bangor Daily News says state officials couldn't be reached Wednesday because of the storm.



Bank of America Hit With Foreclosure Lawsuit
Court News | 2011/02/02 09:58

Bank of America Corp. is the subject of a lawsuit that accuses the bank of hiding foreclosure problems that contributed to a drop in its share price.

The suit, filed by a union benefit plan, says Bank of America concealed problems in its recording of mortgages, Reuters reported. This damaged investors when the company suspended foreclosure proceedings last year, the suit says.

"We are reviewing the lawsuit and have no further comment at this time," said Bank of America spokeswoman Shirley Norton.

Attorneys general in all 50 states are investigating foreclosure practices after accusations that lenders were using flawed paperwork to foreclose on homes.

The suit is a proposed class action suit. The plaintiff purchases almost 25,000 Bank of America shares in a three-month period last year.

The suit proposes a class made up of all who bought the stock between January 20, 2010 and October 19, 2010.



Dow has first close above 12,000 in 2 1/2 years
Stock Market News | 2011/02/01 14:57
The Dow Jones industrial average has closed above 12,000 for the first time in 2 1/2 years — yet another sign that the economy is extending its recovery from the recession.

Another big stock market index, the Standard & Poor's 500, reached a milestone of its own Tuesday. It closed above 1,300.

Investors found plenty of reasons to send stocks sharply higher. Earnings reports from companies including Pfizer, UPS and Archer Daniels Midland were better than expected. And manufacturing had another good month in January.

According to preliminary calculations, the Dow, which fell to a low of 6,547 in March 2009, soared 148 points, or 1.3 percent, Tuesday to 12,040.16.

The S&P 500 rose 21, or 1.7 percent, to 1,307.59, its first close above 1,300 since August 2008.

The Nasdaq rose 51, or 1.9 percent, to 2,751.19

Volume on the New York Stock Exchange came to 1.1 billion shares. Five stocks rose for every one that fell.



Reno court accepts deal for model in arch crash
Headline Legal News | 2011/01/31 22:57
A fashion model pleaded no contest Monday in Reno to careless driving and agreed to pay damages after crashing a rented motorhome into the city's landmark downtown arch.

Rosemary Vandenbroucke, 28, of Hong Kong agreed to pay $385 in fines and $985 for damage to the "Biggest Little City in the World" arch and a fire hydrant, said Dan Wong, criminal division chief for the city attorney's office.

Tammy Riggs, a lawyer for Vandenbroucke, didn't immediately return a phone call from The Associated Press seeking comment on the plea deal.

Reno Municipal Court Judge Jay Dilworth accepted the plea with no other penalties, Wong said.

Nobody was injured in the crash, but authorities said the 40-foot motorhome was substantially damaged.

Vandenbroucke was originally charged with three misdemeanors—vehicular hit-and-run, failure to maintain insurance and making an improper right turn.

The Labor Day crash occurred a day after the model was arrested at the Burning Man counterculture festival north of Reno and charged with possession of a controlled substance.

A preliminary hearing on the drug case is set for Feb. 9 in Lovelock.

Vandenbroucke maintains her innocence, Riggs has said. She will not have to appear at the upcoming hearing. A conviction could result in up to four years of probation.

Authorities said the model was arrested with a small amount of ecstasy at the festival that attracts about 50,000 people



Public securities exchange launched in Venezuela
Stock Market News | 2011/01/30 22:59
The Venezuelan government on Monday launched a new public securities exchange that is to be a venue for selling both government and corporate bonds.

The exchange in Caracas began operating with corporate bonds issued by the Venezuela-based subsidiary of Japanese carmaker Toyota and the local company Envases Venezolanos, Planning and Finance Minister Jorge Giordani said on state television as he visited the bourse for its official launch.

He did not provide details about the corporate bonds such as amounts or interest rates, nor how much activity there was on Monday.

The Bicentennial Public Securities Exchange will compete with the privately run Caracas Stock Exchange.

Trading in the private stock exchange has dwindled after President Hugo Chavez nationalized some companies that traded shares, and it has been nearly paralyzed since securities regulators shut down and took over management of 47 brokerage companies last year.



[PREV] [1] ..[483][484][485][486][487][488][489][490][491].. [627] [NEXT]
All
Securities Class Action
Headline Legal News
Stock Market News
Court News
Court Watch
Legal Interview
Securities Lawyers
Securities Law Firm
Topics in Legal News
Attorney News
Legal Focuses
Opinions
Legal Marketing
Law Firm News
Investment Fraud Litigation
US completes deportation of ..
International Criminal Court..
What’s next for birthright ..
Nations react to US strikes ..
Nations react to US strikes ..
Court blocks Louisiana law r..
Court blocks Louisiana law r..
Judge blocks plan to allow i..
Getty Images and Stability A..
Supreme Court makes it easie..
Trump formally asks Congress..
World financial markets welc..
Cuban exiles were shielded f..
Arizona prosecutors ordered ..
Trump Seeks Supreme Court Ap..
Budget airline begins deport..


   Lawyer & Law Firm Links
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Car Accident Lawyers
Sunnyvale, CA Personal Injury Attorney
www.esrajunglaw.com
Lane County, OR DUI Law Attorney
Eugene DUI Lawyer. Criminal Defense Law
www.mjmlawoffice.com
Family Law in East Greenwich, RI
Divorce Lawyer - Erica S. Janton
Post-Divorce Issues Attorney
Connecticut Special Education Lawyer
www.fortelawgroup.com
   Legal Resource Links
Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
 
 
 

The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo