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JPMorgan says it did nothing wrong in Madoff fraud
Court Watch |
2011/02/10 02:54
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| pThe bank where Bernard Madoff kept his clients' money is defending itself against allegations that it should have done more to stop his massive fraud./ppJPMorgan Chase said in a court filing late Tuesday that it violated no federal rules and had no obligation to probe Madoff's investment scheme./ppA court-appointed trustee sued the bank this month for $6.4 billion, claiming it suspected Madoff was a fraud but did almost nothing./ppJPMorgan's court filing says that if the trustee were to get his way, it would impose broad investigative duties on banks that don't currently exist./ppThe bank also wants the case moved from bankruptcy court to district court. It says the suit is akin to a huge class action, more properly heard by a jury./p |
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Judge raises questions about Voting Rights Act
Headline News |
2011/02/03 09:55
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pA federal judge on Wednesday questioned whether a key component of the landmark Voting Rights Act is outdated, expressing skepticism about using evidence of racial discrimination from 40 or 50 years ago to justify continued election monitoring for a group of mostly Southern states./ppU.S. District Judge John Bates' comments came during oral arguments in an Alabama county's lawsuit targeting the law — a constitutional challenge that a number of legal observers predict could well reach the Supreme Court./ppShelby County, backed by conservative legal groups, maintains that it and other covered state, county and local governments should no longer be forced to get federal approval before changing even minor election procedures. They note that the Voting Rights Act — enacted in 1965 and extended by Congress for another 25 years in 2006 — relies heavily on past discrimination in determining which jurisdictions are covered by the pre-clearance requirement for election changes, such as moving a polling place or redrawing school district lines./ppBates posed sharp questions to the legal teams on both sides but at times appeared sympathetic to the county's argument.
/p |
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Dick's settles with former Neb. worker over pay
Law Center |
2011/02/03 09:54
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| pDick's Sporting Goods Inc. has reached a settlement with a former employee over just payment for her work./ppCourt records show U.S. District Judge Joseph Bataillon dismissed the lawsuit filed by Dannette Stackhouse, citing the settlement. Details were not disclosed./ppStackhouse's attorney Peter Glennon declined to comment. A message left Wednesday for a Dick's attorney wasn't immediately returned./ppStackhouse said in her lawsuit that employees were forced to work through breaks, were unpaid for overtime and were sometimes locked in the store until work was finished. Her lawsuit was filed on behalf of roughly 900 Dick's workers in Nebraska and sought class-action status./ppStackhouse worked in the sporting goods retailer's Papillion location./p |
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Maine federal judge lets class action in care suit
Law Center |
2011/02/03 02:54
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| pA 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./ppOn 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./ppIn 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./ppThe Bangor Daily News says state officials couldn't be reached Wednesday because of the storm./p |
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Reno court accepts deal for model in arch crash
Topics |
2011/01/31 22:54
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| 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. pRosemary 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. pTammy Riggs, a lawyer for Vandenbroucke, didn't immediately return a phone call from The Associated Press seeking comment on the plea deal. pReno Municipal Court Judge Jay Dilworth accepted the plea with no other penalties, Wong said. pNobody was injured in the crash, but authorities said the 40-foot motorhome was substantially damaged. pVandenbroucke was originally charged with three misdemeanors—vehicular hit-and-run, failure to maintain insurance and making an improper right turn. pThe 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. /p |
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Lawyer tapes casino king asking that suit proceed
Headline News |
2011/01/31 22:52
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| Lawyers for Stanley Ho released three videos Monday that they say show he wants to continue with a lawsuit against family members accused of seizing the tycoon's $1.6 billion stake in his Macau casino empire.pIt's yet another twist in a family feud that erupted last week over who will control Ho's interests in the world's biggest gambling market./ppHo, who was hospitalized for seven months after reportedly undergoing brain surgery in August 2009, has 16 surviving children by four women he calls his wives. The unfolding drama highlights a power struggle among different branches of the family for control of his lucrative gambling business./ppThe video clips show the 89-year-old billionaire answering questions from his lawyer, Gordon Oldham, about the dispute, which became public when Hong Kong-listed casino operator Sociedade de Jogos de Macau, or SJM, said nearly all of Ho's shares were being transferred to the families of his second and third wives./ppIn one video dated Jan. 25, Ho tells Oldham that he was forced to sign some documents for the transfer and calls it something like robbery./ppWe still go ahead, Ho says when Oldham asks him what to do if the two families don't reply to requests to return the stake./ppHo is currently hospitalized for what Oldham said was a procedure involving a tube in his throat that allows him to breathe. Oldham said he planned to see Ho later Monday evening./ppHo also denies that the transfer of ownership of a holding company named Lanceford — which indirectly owns the stake in SJM and represents the bulk of his assets — to the two families was part of succession plans put in place in December./p |
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