LightSquared Inc. Won Approval to Marginalize $1 Billion Debt Claim by Dish Network
Philip Falcone's LightSquared Inc. won approval for the disclosure statement of its reorganization plan. According to Reuters, Dish Network Corp…
Legal News
Illinois Appellate Court “State Farm Not Responsible for $4.9 Million TCPA Judgment
On May 2, 2014, the Second District Appellate Court in Illinois issued a unanimous opinion in favor of Dykema client…
The Bubble for Lawyers in the Country Has Popped
It's not just law schools that are facing a downturn with reduced applicants, but the legal industry is facing the…
Samuel Israel Seeks Prison Release
Samuel Israel, Bayou Group LLC co-founder who faked his suicide and fled after pleading guilty to a $400 million fraud,…
New England Compounding Pharmacy Inc. Agreed to Settlement
The owners of New England Compounding Pharmacy Inc., the drug supplier blamed for a nationwide meningitis outbreak that killed 64,…
New York Jets Sued by Former Cheerleader Over Low Wages
A fourth team in the National Football League, the New York Jets, has been sued and accused of paying cheerleaders…
SEC Charges Five for Scheming to Make Chinese Companies Public in U.S.
A Toronto-based consultant and four associates were charged this week by the U.S. Securities and Exchange Commission with engaging in…
U.S. Attorney General Eric Holder, No Company “Too Big to Jail”
The United States Justice Department is pursuing criminal investigations of financial institutions that could result in action in the coming…
Credit Suisse Group Close to Resolving U.S. Tax Evasion Probe
Credit Suisse Group AG is close to resolving a U.S. tax-evasion probe with an agreement that might include a penalty…
Federal Investigators Probe Herbalife
The U.S. Federal Trade Commission is investigating Herbalife Ltd., according to a report by Bloomberg News, to answer the question…
Man Taken to Prison After 13-Year Prison Sentence Ends
Cornealious Anderson was convicted of first-degree robbery and armed criminal action in 2000. He was charged following the robbery of…
Target Chief Executive Officer Gregg Steinhafel to Step Down
After last year’s attack by hacker's compromised the personal data of millions of Target stores shoppers and added to the…