A judge has ruled that customers of SunTrust Bank Inc. and M&T Bank Corporation can file class action claims against these institutions in federal court, and are not limited to using arbitration to resolve business disputes.
According to the ruling by U.S. District Judge James Lawrence King in Miami, customers who wish to file class action litigation against these companies over disputes relating to overdraft fees can do so. The court found the arbitration clauses in customer agreements to be unconscionable.…
Ford Motor Co. has been named in a patent infringement lawsuit filed by a company that alleges that the auto manufacturer infringed on seven patents, most of them related to Bluetooth and audio communications.
The company, Bainbridge Island-based Eagle Harbor Holdings, and its subsidiary Medius Tech, has filed a lawsuit in the U.S. District Court in Tacoma. The lawsuit alleges that Ford has used patented Eagle Harbor technologies related to audio communications and Bluetooth in its popular Sync voice-activated communication…
The Securities and Exchange Commission is investigating Hong Kong-based Longtop Financial Technologies Ltd. after the company was sued by an investor who claimed that the company had overstated profit margins.
In his lawsuit, the investor, Joe Milkus, alleges that people who purchased Longtop shares between June 2009 and April suffered severe losses because the shares fell 30% at the end of April. Around this time, questions had been raised about the company's finances. Milkus’ lawsuit has been filed in…
The family of pop star Michael Jackson has reached a settlement with a California-based charity foundation in a copyright infringement lawsuit. In 1992, Michael Jackson set up a charity foundation that he named the Heal the World Foundation. The organization had shut down several years before the star died at the age of 50 in 2009.
In 2008, after the Heal the World Foundation charity had stopped functioning, another charity with the same name was founded by Melissa…
Under federal law, a judge will allow a securities fraud class action to proceed if plaintiff lawyers can provide strong facts to show that the defendant intended to deceive. Several plaintiffs’ lawyers in a securities fraud class action against Boeing, found that their overeager efforts to supply a confidential witness to prove that Boeing intended to deceive shareholders, backfired. The complaint was thrown out by the judge.
The class-action lawsuit held that the company deceived investors about developments related…
The Labor and Employment Law Section serves the needs of labor and employment law professionals in San Diego County. The Section offers educational programs and provides its more than 400 members an opportunity to meet and share ideas informally with employment law practitioners, union and management representatives, government personnel, arbitrators, mediators and academicians. In its educational goals, the Section attempts to keep members up to date on current law developments and to demystify many cutting-edge labor and employment…
Kodak & Co. can sell more than 1,000 digital patents that were in dispute as part of its restructuring proceedings. A federal judge has allowed the company to auction the digital imaging patents, in the face of opposition by Apple and Flashpoints Technology.
More than 1,100 patents will be auctioned off as Eastman Kodak moves forward with its bankruptcy proceedings. The aim is to sell off those patents, and focus on the printing business instead. The patents involve digital capture and…