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Part 7: Securities Fraud: When "good" Investments Disappear The nest egg stories Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.
Latest Lawsuit News & Legal Information
Terminations Main Reason for COVID-19 Workplace-Related LawsuitsSanta Clara, CA Of about 1,500 workplace lawsuits filed in 2020 fueled by COVID-19, more than half involved layoffs and firings while only 200 were related to workplace safety, according to the Seyfarth Report. An uptick in workplace lawsuits is to be expected in a fallout from an economic downtown –unfortunately it has left a lot of people out of work, and more layoffs are expected this year— 2021.
Whittling Down PPI Cases for Bellwether TrialsNew Jersey If all goes according to Judge Cecchi’s plan, the pool of Proton Pump Inhibitor drugs (PPI) cases will have whittled down to six only – from a total of 32 potential bellwether cases by the end of January.
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PFAS Mesh Talc Breast Explant Zantac CA Labor? California Poultry Processor Slapped with TROMerced County, CA On December 23, the Superior Court of California, Merced County ordered Foster Poultry Farms, a chicken processing plant, to comply with federal and California workplace safety protocols at its Livingston facility. The California labor lawsuit, brought by the United Farm Workers and two workers at the plant, details a persistent pattern of reckless disregard for worker safety that had continued even after Merced County shut the plant down as a “public nuisance,” the infection rate in the county spiked and workers died.
“Do I Have a Firefighting Foam or Contaminated Water Lawsuit?” PFAS Contamination Lawyer Weighs InHouston, TX PFAS contamination lawyer Bill Barfield, with McDonald Worley law firm, says the number of calls they receive about PFAS exposure is on the rise, from individuals worrying that their drinking water is contaminated to first responders exposed to firefighting foam at vehicle accident scenes. “Their first question is, ‘Do I have a claim?’ and their second question is, ‘Where can I get PFAS testing?’” says Barfield.
Motion Picture Industry ERISA Plan under the Bright, Hot LightsLos Angeles, CA On October 7, Patricia Klawonn filed an ERISA lawsuit against the Board of Directors for the Motion Picture Industry Pension Plans in the District Court for the Central District of California. The lawsuit alleges that The Board breached its fiduciary duty under ERISA, citing as evidence “abysmal returns [that] are the product of a fundamentally flawed investment strategy.” The Board has moved to dismiss the lawsuit, citing fundamental flaws, including a statute of limitations problem.
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