
News Roundup (2398)
BoA to Pay Mortgage Investors Record $500M Settlement
- News Roundup
- Written by PLP News

Photo of Bank of America ATM Machine by Brian Katt, Framingham Rest Stop, Massachusetts. (Photo credit: Wikipedia)
Bank of America last week agreed to pay investors who claim they were misled into buying risky mortgage debt $500 million—the most ever paid to settle a federal class action over mortgage-backed securities, Reuters reports.
Read more...‘Gay Conversion’ Therapy Ban Hits Appeals Court
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- Written by PLP News
A federal appeals court in San Francisco last week heard arguments over the constitutionality of a California law barring therapists from trying to change the sexual orientation of people younger than 18, the New York Times reports.
Read more...Securities Class Actions at Lowest Levels Since 2009
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- Written by PLP News
A report by PricewaterhouseCoopers shows that in 2012 there were only 172 securities class actions filed, the fewest filed in any year since 2009.
Read more...Lawyer Lands $130M Verdict After Rejecting $8M Offer
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- Written by PLP News
A New York litigation attorney was criticized for advising his client to turn down an $8 million offer to settle a medical malpractice case filed on behalf of a girl with cerebral palsy.
Read more...States Lacking Lawyers in Rural Areas Offer Subsidies
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- Written by PLP News
Whole sections of states like South Dakota—where 65% of the lawyers live in four urban areas—are in danger of not having access to legal services, reports the New York Times.
Read more...NY Bar Exam Not Among Top 10 Most Difficult: Report
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- Written by PLP News
A professor at Pepperdine School of Law has ranked state bar exams by difficulty using an algorithm that takes into account not just passage rates, like most rankings do, but also the LSAT scores of the law students who took the exams, according to an article in Above the Law.
Read more...Jury Rejects Actress’s Claim Against IMDb for Printing Her Age
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- Written by PLP News
A jury in Seattle refused to award any money to a little-known actress claiming she lost work as a result Internet Movie Database (IMDb) printing her real age, according to the Associated Press.
Read more...Jury Slams UnitedHealth for Not Monitoring Hepatitis Doctor
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- Written by PLP News
Jurors in Las Vegas ordered two UnitedHealth Group units to pay $524 million in compensatory and punitive damages for failing to oversee a doctor who was a member of the insurer’s HMO network, Bloomberg reports.
Where Does Your City Rank in Lawyer Pay?
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- Written by PLP News
The ABA Journal has published a comprehensive report on lawyer salaries, showing where the jobs are and what they pay.
Read more...Court: Re-Sellers of Digital Content Need Permission from Copyrighters
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- Written by PLP News
In a case watched closely by many members of the music and movie industries, a federal district court on March 30 held that the “first sale doctrine,” which allows consumers to legally resell CDs and DVDs, doesn’t apply to digital media.
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Apr 07 2013
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Mar 31 2013
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Feb 08 2014
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Written by Administrator
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Jan 26 2014
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Written by PLP News
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