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Part 7: Securities Fraud: When "good" Investments Disappear
The nest egg stories
Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.
Latest Lawsuit News & Legal Information
Ninth Circuit Confirms Death of “De Minimus” Rule in California Wage and Hour LawsuitsSan Francisco, CA
On June 28, the Ninth Circuit confirmed that, in lawsuits brought under the California Labor Code, even very small amounts of work time – measured in seconds, not minutes – must be counted and compensated. The opinion
in Rodriguez v. Nike
should put an end to latest employer-driven campaign to revive the federal de minimus
standard in California labor lawsuits.
Comcast and O.C. Communications California Wage and Hour Settlement Finally ReachedSan Francisco, CA:
After two years of litigation, a California labor lawsuit involving about 4,500 technicians has finally settled for $7.5 million, after legal fees. The federal class action alleged that O.C. Communications Inc., a tech talent supplier, and Comcast Corp. violated state and federal laws, including not paying the workers for all the hours worked and failure to compensate the techs for piecework, overtime or minimum wages.
Another Victory for J&J Talc Lawsuit PlaintiffAlameda, CA:
Patricia Schmitz, age 61, a mother of two with grandchildren and former school teacher, was diagnosed with mesothelioma last year and her doctors say she has little chance to survive. Her asbestos talc case states that J&J products caused the disease; J&J’s attorneys and expert witness argued her cancer was “spontaneous in nature”. The jury awarded Schmitz $12 million in damages.
Too Hard to Eat Lunch? – That Cost Wal-Mart $6 MillionLos Angeles, CA
Chelsea Hamilton and Alyssa Hernandez brought a class action California labor lawsuit against Wal-Mart, claiming that going through the mandatory security check took so much time and was so intrusive that they were left with less than their legally protected
half-hour meal break. Taking feminine hygiene stuff out of their purses was embarrassing. Ms. Hernandez also said the break room was crowded and noisy. They were not prevented from taking the break, but they were discouraged out of it. In April, they won a $6.1 million jury award on behalf of Wal-Mart workers.
MRI with Gadolinium – Better to be Safe than Sorry?Washington, DC:
The FDA in December 2017 recommended that repeated use of MRIs with gadolinium contrast dye be minimized wherever possible, and when MRIs are taken closely together in particular. It’s like a Catch-22: an MRI can detect cancer but it can also pose certain risks -- is it better to be safe than sorry?
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