A federal judge on Wednesday ruled that most claims in a lawsuit against former Lehman Brothers Holdings officials could proceed. The plaintiffs, a group of investors, contend that Lehman's former officers, directors, and auditors, as well as security underwriters acted in violation of the Securities Act of 1933 and the Securities Exchange Act of 1934 …
The Supreme Court of Canada issued rulings in two major tobacco products cases Friday relieving the federal government of liability for tobacco-related health problems and allowing the provinces to sue the tobacco industry for damages for tobacco-related health care costs. The court ruled unanimously on Friday in R. v. Imperial Tobacco Canada Ltd. that the …
Pakistani national Mohammad Ajmal Amir Kasab, convicted in May 2010 for murder and waging war against India for his role in the November 2008 Mumbai terrorist attacks that killed 166, filed an appeal Friday challenging his death sentence. Prosecutors had accused Kasab of being one of the gunmen photographed during …
The North Carolina Senate Thursday voted 29-19 to override a veto by Governor Beverly Perdue on legislation that would require a 24-hour waiting period before receiving an abortion. The vote means the legislation will become North Carolina law as the House of Representatives also …
The New Mexico Supreme Court ruled unanimously Wednesday that environmental groups may intervene in state administrative hearings over greenhouse gas emissions standards. New Energy Economy (NEE), a non-profit organization working to reduce greenhouse gas emissions, sought to intervene in a hearing before the New Mexico Environmental Improvement Board (EIB) to defend regulations limiting …
Attorneys argued before the US Court of Appeals for the First Circuit Thursday that Rhode Island is not obligated to turn over alleged murderer Jason Pleau to federal prosecutors in an effort to prevent him from facing the death penalty in federal court. Rhode Island has had a longstanding rejection of the …