W.R. Grace & Co goes for settlement in asbestos lawsuit

December 4th, 2008

Insulation Company W.R. Grace & Co. agrees to go to settlement in a $140 million asbestos related lawsuit.

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Lawsuit against drug maker KV Pharmaceutical and subsidiary

December 4th, 2008

An investor class action lawsuit was filed against the KV Pharmaceutical Company, the the parent company of Ethex Corp. The lawsuit was filed on December 2, 2008, in the United States District Court for the Eastern District of Missouri on behalf of investors who purchased Class A Common Stock (NYSE: KV-A), Class B Common Stock (NYSE: KV-B) and 7% cumulative convertible Preferred Stock (Symbol: KVPHP) between February 15, 2008 and November 12, 2008.

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Embarq and Sprint to face lawsuit for violating federal retirement law

December 4th, 2008

U.S. District Judge Kathryn H. Vratil has allowed a class-action lawsuit accusing telecommunications company Embarq Corp. of age discrimination and illegally canceling retirement benefits to move forward.

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KV Pharmaceutical faces lawsuit

December 4th, 2008

KV Pharmaceutical Co. faces class action lawsuit from its own shareholders. The lawsuit charges the company’s compliance with federal regulations concerning the manufacture and marketing of generic drug products as well as the company’s current and future financial prospects.

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South Carolina Consumer warned not to go for lawsuit

December 4th, 2008

The South Carolina Department of Consumer Affairs is warning consumers not to fall for a class action lawsuit scam involving some unknown person or persons.

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Cadence Design Systems faces lawsuit for securities fraud

December 3rd, 2008

Hagens Berman Sobol Shapiro LLP filed alwsuit against Cadence Design Systems (NASDAQ:CDNS) for alleged securities fraud. The lawsuit represents those who purchased Cadence stock from April 23, 2008 until Oct. 22, 2008. If you invested in Cadence stock and would like more information, you may contact HBSS counsel at cdns@hbsslaw.com or 510-725-3000.

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Atlantic Canadians joins lawsuit against Canada Lottery Corporation

December 3rd, 2008

Atlantic Canadians now qualify to join a class action lawsuit filed by the Merchant Law Group against the Western Canada Lottery Corporation.
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Britannia Bulk Holdings faces class action lawsuit

December 3rd, 2008

Purchasers of common stock of Britannia Bulk Holdings have filed a class action lawsuit. Spector Roseman Kodroff & Willis, P.C. announced to file the lawsuit in the United States District Court for the Southern District of New York.

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Fish and Wildlife Service agrees settlement with environmental groups in lynx lawsuit

December 2nd, 2008

As part of the settlement between several environmental groups and the Fish and Wildlife Service, the later will issue a finding in two weeks on a petition by environmental groups to protect the lynx in New Mexico.

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NJ Governer to offer settlement than fruitless legal battle

December 2nd, 2008

Gov. Jon S. Corzine prefers to pay $362,500 to his ex-girlfriend’s brother-in-law to fight lawsuit which he thinks ‘fruitless’. Union leader Carla Katz, dated Corzine when he was a U.S. senator. He paid Rocco Riccio in September to settle a dispute over whether the governor reneged on a promise to help Riccio get a private-sector job. The settlement, confirmed by Corzine, was first reported on the newspaper’s Web site Saturday night.

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