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Judge OKs class-action settlement over Skechers
Legal News |
2013/05/23 20:18
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A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc. and consumers who bought toning shoes after ads made unfounded claims that the footwear would help people lose weight and strengthen muscles.
U.S. District Judge Thomas B. Russell in Louisville approved the deal, which covers more than 520,000 claims. About 1,000 people eligible for coverage by the settlement opted not to take part.
Those with approved claims will be able to get a maximum repayment for their purchase _ up to $80 per pair of Shape-Ups; $84 per pair of Resistance Runner shoes; up to $54 per pair of Podded Sole Shoes; and $40 per pair of Tone-Ups.
Russell also awarded $5 million for the attorneys in the case to split. Russell ordered that the money cannot come from the $40 million settlement fund set aside for consumers.
Two people that served as the lead plaintiffs in the case will receive payments of $2,500 each.
Russell considered multiple factors in deciding to approve the settlement and found it provides just compensation to the plaintiffs. |
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Appeals court allows capital retrial of Wolfe
Legal News |
2013/05/21 20:17
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A federal appeals court will allow a capital murder case to proceed against an accused drug kingpin from northern Virginia.
In a 2-1 ruling, the 4th U.S. Circuit Court of Appeals in Richmond overturned a federal judge in Norfolk who had ordered a halt to the prosecution of Justin Wolfe and his immediate release.
That judge said misconduct by prosecutors in Prince William County made it impossible for Wolfe to get a fair trial.
But a majority on the appellate court disagreed. The judges ruled that a new trial can be done fairly. A dissenting judge said the misconduct was so bad that freeing Wolfe was the only proper outcome.
Wolfe was sent to death row in 2002 for a drug-related murder, but his original conviction and sentence were overturned. |
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Los Angeles jeweler pleads guilty in KPMG case
Attorney News |
2013/05/20 20:17
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The owner of a Los Angeles jewelry store pleaded guilty Monday for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.
Bryan Shaw, 52, pleaded guilty to one count of conspiracy and was scheduled to be sentenced Sept. 16 when he faces a maximum of five years in prison.
"In this guilty plea, Mr. Shaw continued his path to fully accepting responsibility for his actions and doing the right thing," said Shaw's attorney Nathan Hochman.
Authorities said Shaw made more than $1 million in illicit profits by trading in advance of company announcements on earnings results or mergers for KPMG LLC clients, including Herbalife Lt., Skechers USA Inc. and Uggs maker Deckers Outdoor Corp.
In exchange, Shaw gave former KPMG accountant Scott London bags filled with cash, along with a $12,000 Rolex watch and jewelry for his wife, among other items, prosecutors said. The Securities and Exchange Commission, which filed civil charges in the case, estimates London received at least $50,000.
London, 50, who was fired from KPMG, also is charged with conspiracy and is scheduled to be arraigned next week. |
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High court rules for Monsanto in patent case
Attorney News |
2013/05/15 07:24
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The Supreme Court said Monday that an Indiana farmer violated Monsanto Co.'s patents on soybean seeds resistant to its weed-killer by growing the beans without buying new seeds from the corporation.
The justices unanimously rejected the farmer's argument that cheap soybeans he bought from a grain elevator are not covered by the Monsanto patents, even though most of them also were genetically modified to resist the company's Roundup herbicide.
While Monsanto won this case, the court refused to make a sweeping decision that would cover other self-replicating technologies like DNA molecules and nanotechnologies, leaving that for another day. Businesses and researchers had been closely watching this case in hopes of getting guidance on patents, but Justice Elena Kagan said the court's holding Monday only "addresses the situation before us."
In a statement, Monsanto officials said they were pleased with the court's ruling. |
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Court: Iowa must recognize both lesbian parents
Court Line |
2013/05/09 06:14
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An Iowa agency's refusal to list both spouses in a lesbian marriage as parents on their children's birth certificates is a violation of their constitutional rights and must stop, the Iowa Supreme Court ruled Friday.
The court, which made history by legalizing gay marriage in 2009, ordered the Iowa Department of Public Health to start listing the names of both female spouses on the birth certificates of their children. The ruling was backed by all six justices who participated.
Iowa had been the only state in the nation that allowed marriage or civil unions for same-sex couples, but refused to list both spouses on birth certificates of their children, according to Camilla Taylor, an attorney for Lambda Legal, a gay rights group involved in the case.
Justice David Wiggins said the state government "has been unable to identify a constitutionally adequate justification" for treating lesbian parents differently than parents of opposite sex. He said the only explanation for doing so was "stereotype or prejudice" that violated their rights to be treated equally under the Iowa Constitution. |
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