Bond Investors File Lawsuit Over Washington Office Park
- Heritage Bondholders' Lawsuit Gets Class Action Status. Shields, Yvette // Bond Buyer;7/13/2004, Vol. 349 Issue 31924, p3
Reports on the decision of a federal judge to grant a class action status to a lawsuit filed on behalf of investors who hold multimillion-dollar bonds issued for projects of the now-defunct Heritage Healthcare in the U.S. Effect of the decision on various settlements funds; Statement of Brian...
- Touting tort reform before business. Kitchenman, Andrew // njbiz;2/27/2012, Vol. 25 Issue 9, p1
This article reports that bills which seek to reform New Jersey's laws governing class action and consumer fraud cases were introduced in the state's legislature. These bills provide, among others, to limit the cost to post bonds for corporations that are appealing judgments. Marcus Rayner, who...
- Wells Fargo Picks to Pay. Bernstein, Jake // Pro Publica;8/ 7/2011, p2
The article reports that Wells Fargo & Co. has disclosed in August 2011 that it had agreed to pay 590 million dollars to settle class-action lawsuits brought by investors concerning bonds sold by Wachovia Corp., which Wells Fargo acquired in October 2008. In the lawsuit, investors alleged that...
- Heritage Bondholders Have Until Friday to Submit Claims to $28M Settlement. Shields, Yvette // Bond Buyer;8/8/2005, Vol. 353 Issue 32191, p48
Announces the deadline for the submission of claims by bondholders to a global settlement reached between Heritage Healthcare and the plaintiffs in a class action lawsuit. Requirement for bondholders to submit claim forms; Appeal of Miller & Schroeder broker Bruce Talley, whose firm underwrote...
- S&P: Engle Ruling Will Not Affect Tobacco Bond Ratings. Albanese, Elizabeth // Bond Buyer;7/10/2006, Vol. 357 Issue 34219, p4
The article reports that a long-anticipated ruling in the Engle class action lawsuit that favored the tobacco industry will not affect tobacco bond ratings according to Standard & Poor's Corp. The outlook for tobacco bonds will remain negative. The Florida Supreme Court reversed a 145 billion...
- Furnace makers target plastic vent pipe failures. Mader, Robert P. // Contractor Magazine;Jun97, Vol. 44 Issue 6, p1
Reports on a lawsuit filed in Massachusetts against several manufacturers of plastic vent pipes by a number of furnace makers. Furnace manufacturers' claims against the manufacturers of these pipes; Charges of the lawsuit.
- Courts Challenged On Approval Of Class Action Suit Certifications Despite Geographic Diversities. // Insurance Advocate;3/31/2003, Vol. 114 Issue 13, p20
Reports on the efforts of Washington Legal Foundation to induce the Oklahoma Supreme Court to limit the certification of class action lawsuits despite geographic diversities. Application of the Michigan Law; Avoidance of the trial judge in unmanageability problem.
- `Sprawling' asbestos class loses certification. Goodman III, William F. // Defense Counsel Journal;Oct97, Vol. 64 Issue 4, p633
Discusses class actions on asbestos litigation under Rule 23. Requisites of Rule 23; Implications of the over-all tone of Justice Ginsburg's opinion; Heightening of the settlements standard.
- Tide turning for medical monitoring class actions? // Defense Counsel Journal;Jan1998, Vol. 65 Issue 1, p154
Discusses a case which demonstrated the unsettled nature of the law governing certification of medical monitoring class actions. Article written by D. Jeffrey Campbell and Anne K. No in the newsletter of the Toxic and Hazardous Substances Litigation; Details of the `Arch versus American Tobacco...