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* Securities Fraud Suits Up 43% to 166 in 2007 Standford Says
The number of companies sued in securities fraud class action litigation rose 43 percent between 2006 and 2007, from 116 to 166. Although litigation activity for 2007 as a whole was 14 percent below the ten-year historical average (covering 1997- 2006)...
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APPLE INC: Faces Antitrust Suit in Cal. Over Operability of iPod
Apple Inc. is facing a class-action complaint filed Dec. 31 in the U.S. District Court for the Northern District of California accusing it of making digitally recorded music sold through its online stores inoperable with operating systems other than...
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CAREMARK RX: Pharmacies File Suit Over Delayed Reimbursements
Caremark RX, LLC d/b/a Caremark RX, Inc. and Caremark, Inc. are facing a class-action complaint filed Dec. 26 in the U.S. District Court for the Northern District of Illinois accusing it of defrauding thousands of independently owned pharmacies and...
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FORD MOTOR: Ill. Judge Decertifies Lawsuit Over Flaky Paints
Madison County Associate Judge Richard Tognarelli decertified on Dec. 20 a lawsuit over flaky paint on vehicles that Ford Motor Co. built from 1989 to 1996, Steve Korris of Madison County Record reports...
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INTEL CORP: Faces Antitrust Lawsuit Over X86 Microprocessors
Intel Corp. is facing an antitrust class-action complaint in the U.S. District Court for the District of Nebraska, the CourtHouse News Service reports...
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INTERNET GAMING: IGE Hong Kong Dropped from "Gold Farming" Suit
The U.S. District Court in Florida granted a motion to dismiss Internet Gaming Entertainment, Ltd.'s Hong Kong branch from a class action over the World of Warcraft EULA, Earnest Cavalli of stated at http://blog.wired.com/games/2008/01/class-action-...
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LBO GIANTS: Sued for Allegedly Fixing Prices of LBO Services
A class-action complaint filed in the U.S. District Court for the District of Massachusetts accuses:...
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NORTHWEST AIRLINES: Former Workers File $75M Suit for CBA Breach
Laid-off customer service workers demand $75 million from Northwest Airlines and the International Association of Machinists & Aerospace Workers in a class-action complaint filed Dec. 28 in the U.S. District Court for the Western District of Tennessee,...
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