Trial of Class-Action Law Firm Is Set for 2008
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Milberg Weiss Bershad & Schulman and two of its named partners, accused of making secret payments to entice people to be plaintiffs in lawsuits, will be tried in January 2008.
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Wall Street brokerage house Lehman Brothers Holdings Inc. is close to reaching a deal to pay about $220 million to settle a class-action lawsuit alleging that it and other big brokerage firms participated in a scheme with Enron Corp.
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(InfoWorld) - Oracle's lawsuit against rival SAP will move finally to trial on February 9, 2009 -- almost two years after the suit was initially filed, SAP said Tuesday. After a case management conference with the two sides that had been postponed from September 4, Judge Martin Jenkins of the Northern District Court in San Francisco set the date for the four-week trial, along with a deadline for motions of November 13, 2008. A further case management conference will be held February 12, 2009. Jenkins is expected to issue a more detailed order, with limits on discovery and the possible use of mediation toÂ resolve the dispute, SAP said. In March,Â Oracle sued SAPÂ for illegally downloading customer support materials from an Oracle Web site, via its TomorrowNow subsidiary. SAP acquired TomorrowNow, which provides support for products from Oracle acquisitions PeopleSoft and J.D. Edwards, in January 2005. TomorrowNow may use some materials from Oracle's Customer Connection Web site, but only for certain customers covered under particular agreements.Â SAP admittedÂ that TomorrowNow did make some "inappropriate" downloads, but maintains that the information was not passed to the parent company, nor did it approve such downloads. Both companies maintain Web sites relating to the case. Oracle's can be found here, and SAP's here. Oracle had not issued a statement on the case management conference at time of writing. Â
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The first criminal trial against any former Enron Corp. employees is scheduled to begin today in Houston. The case is against two ex-Enron workers and four former Merrill Lynch &amp; Co.
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The trial of a lawsuit by Walt Disney Co. shareholders who accuse the board of directors of rubberstamping a deal to hire Michael Ovitz
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Washington State's highest court has given the green light for a class-action lawsuit.
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Oracle's lawsuit against rival SAP will move finally to trial on February 9, 2009 -- almost two years after the suit was initially filed, SAP said Tuesday.
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Plaintiffs say they expect to appeal to the U.S. Supreme Court a case that exonerated the I.B.M. CorporationÂs cash-balance pension plan.
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A $200 billion U.S. lawsuit filed by  "light" cigarette smokers gained class action status on Monday,  hammering shares of U.S. tobacco companies.
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San Francisco, September 2: A group of Oracle Corp shareholders can pursue a class action lawsuit that accuses the business software maker and Chief Executive Larry Ellison of covering up losses, a US appeals court said on Wednesday.
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Oracle Corp.'s lawsuit against rival SAP will move finally to trial on Feb. 9, 2009 --  almost two years after the suit was initially filed.
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William S. Lerach is expected to plead guilty to a criminal conspiracy charge in connection with a class-action scheme involving his former firm.
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Lehman Brothers Holdings Inc. is close to settling a class action lawsuit for $220 million stemming from allegations that it colluded with other brokerages to mislead Enron Corp.
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A class-action lawsuit was filed yesterday in King County Superior Court on behalf of people who have used the anti-arthritis drug Vioxx.
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Nearly three years to the day of the 9/11 terrorist attacks, lawyers for more than 800 "Ground Zero" rescue and clean-up workers announced Monday a billion-dollar class-action lawsuit against owners of the World Trade Center for exposing the workers to allegedly toxic conditions.
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A lawsuit alleging that Microsoft Windows Vista Capable users were misled about the capabilities of the operating system will go to trial Oct. 28, 2008.
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WASHINGTON, Sept. 26  Â The New York Stock ExchangeÂs regulatory unit said Tuesday that it expected to refer 140 potential insider trading cases to the Securities and Exchange Commission this year, up 26 percent from 2005.