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Class action lawsuit against Plains All American expanding

By   /  Wednesday, April 18th, 2018  /  Central Coast, Energy, Latest news, Law & Goverment, South Coast  /  Comments Off on Class action lawsuit against Plains All American expanding

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Workers who lost jobs join lawsuit against Plains

By   /  Friday, February 23rd, 2018  /  Energy, Latest news, Law & Goverment, South Coast  /  Comments Off on Workers who lost jobs join lawsuit against Plains

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Court certifies class-action suit over Santa Barbara insurance scam

By   /  Friday, May 9th, 2014  /  Law & Goverment, South Coast, Tri-County Economy  /  Comments Off on Court certifies class-action suit over Santa Barbara insurance scam

A class-action lawsuit over whether a Santa Barbara insurance agent’s employers knew about the “churning” scam he was running and let it continue because it boosted profits is headed to trial after its class certification was upheld at the California Supreme Court in March.

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Amgen loses case before U.S. Supreme Court

By   /  Wednesday, February 27th, 2013  /  Latest news, Law & Goverment  /  Comments Off on Amgen loses case before U.S. Supreme Court

Thousand Oaks-based Amgen has lost a case before the U.S. Supreme Court that would have made it much more difficult for shareholders of public companies to band together and sue firms when their leaders make false or misleading statements. In Amgen v. Connecticut Retirement Plans and Trust Funds, the biotech giant sought to tighten the Read More →

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Amgen case before SCOTUS could stymie new class-action suits

By   /  Friday, November 9th, 2012  /  Columns, Law & Goverment, Tri-County Public Companies  /  Comments Off on Amgen case before SCOTUS could stymie new class-action suits

On Nov. 5, Thousand Oaks-based Amgen argued a case before the U.S. Supreme Court that could make it much harder for shareholders to form a class when suing a company for making misleading statements that distort its stock price. The outcome, which is likely to be decided by the politics of the individual justices, could Read More →

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Amgen case puts class action rules to test

By   /  Friday, June 15th, 2012  /  Banking & Finance, Law & Goverment, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen case puts class action rules to test

Thousand Oaks-based Amgen is set to argue a case before the U.S. Supreme Court that could make it harder for shareholders to band together and sue publicly traded companies over public comments made by top officials. The court agreed to hear a stock-fraud case this fall between Amgen and Connecticut Retirement Plans and Trust Funds, Read More →

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Finding cures for the corporate class-action lawsuit epidemic

By   /  Friday, June 8th, 2012  /  Columns, Opinion  /  Comments Off on Finding cures for the corporate class-action lawsuit epidemic

The plague of class-action lawsuits afflicting corporate America is spreading across the Tri-Counties. A stock-price drop. Bam. A merger announcement. Bam. Trying to take a company private. Bam. For journalists, the announcement of a class-action lawsuit typically comes in the form of a press release that gets wide dissemination on BusinessWire and on Yahoo Finance. Read More →