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William "Bill" Shannon Lerach (born March 14, 1946, [1] Ohio River Valley, [2] Midwestern United States) is an American disbarred lawyer who specialized in private Securities Class Action lawsuits. The $7.12 billion he obtained as the lead plaintiff's attorney in the case against Enron is currently the largest sum ever recovered in a group of ...
In 1995, Congress passed the Private Securities Litigation Reform Act (PSLRA), claiming that the class action device was being used to injure "the entire U.S. economy" through nuisance filings, targeting of deep-pocket defendants, vexatious discovery requests, and "manipulation by class action lawyers of the clients whom they purportedly represent."
The Private Securities Litigation Reform Act of 1995, Pub. L. 104–67 (text), 109 Stat. 737 (codified as amended in scattered sections of 15 U.S.C.) ("PSLRA") implemented several substantive changes in the United States that have affected certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation, and awards fees ...
California’s Private Attorneys General Act (PAGA) was originally passed to help workers file claims for labor law violations. Unfortunately, the law is being grossly manipulated, with attorneys ...
Nvidia, the AI-chip giant, petitioned the nation's highest court after a lower court permitted a 2018 class action lawsuit to move ahead.
DirecTV#California class action lawsuit; Dow Chemical Company#Nuclear weapons; E18 error#Consumer response and class action; Ed Fagan#2002 Slavery class action lawsuit; Education Management Corporation#Securities fraud class action lawsuit dismissal; Envision EMI, LLC#Lawsuit filed; EverBank#Lawsuit; Fastenal#Employee class-action controversy ...
The Fresno restaurant closed in 2021, and they also sold their Madera location. Bo had had a heart attack, and the family agreed it was time for a break. Crafting sushi also wasn’t the same ...
A securities class action (SCA), or securities fraud class action, is a lawsuit filed by investors who bought or sold a company's publicly traded securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws.