Employment Law  |  Expert Legal Commentary

Genesis Healthcare Corp. v. Symczyk: Divided Supreme Court Rules Against FLSA Plaintiff Seeking Class Status

By Jeremy Gray of Zuber Lawler & Del Duca

The Supreme Court recently held that a plaintiff had no “continuing interest” in her FLSA case, and thus could not go forward representing similarly situated, unnamed claimants. In Genesis Healthcare Corp. v. Symczyk, 11-1059 (U.S. Apr. 16, 2013), a 5-4 Supreme Court found that once a FLSA plaintiff’s individual case… More...

Expert Legal Commentaries

Patent Law

Gunn, et al., v. Minton: Supreme Court Denies Federal Jurisdiction for Patent-Related Malpractice Suit

May 13, 2013

A unanimous Supreme Court held that a state legal malpractice claim involving a patent issue did not “arise under” federal patent law, and thus did not belong in federal court.… More...

Patent Law

Hall v. Bed Bath & Beyond: Federal Circuit Rejects District Court’s Pleading Standards for Design Patent Infringement

May 8, 2013

The Federal Circuit recently allowed several design patent infringement-related claims to go forward after reversing a district court’s complete dismissal. In Hall v. Bed Bath & Beyond Procurement Co. Inc.,… More...

Patent Law

Arkema v. Honeywell Intl.: Federal Circuit Explains MedImmune Standard for Declaratory Judgment Jurisdiction Involving Indirect Patent Infringement

May 1, 2013

The Federal Circuit recently interpreted the Supreme Court’s MedImmune standard for declaratory judgment jurisdiction involving alleged indirect patent infringement. In Arkema, Inc. v. Honeywell Intl., Inc., 2012-1308 (Fed. Cir. Feb.… More...

Securities Law

Amgen Inc. v. Connecticut Retirement Plans & Trust Funds: Supreme Court Sides with Investors in Securities Fraud Class Action

April 17, 2013

In a 6-3 decision, the Supreme Court recently held that plaintiffs alleging § 10(b) securities fraud do not need to prove the materiality of a defendant’s alleged fraudulent statements and… More...

Securities Law

Gabelli v. SEC: Unanimous Supreme Court Rejects Extending Statute of Limitations in SEC Enforcement Actions

April 8, 2013

The Supreme Court recently upheld the five-year statute of limitations for SEC enforcement actions. In Gabelli v. SEC, No. 11-1274, (U.S. Feb. 27, 2013), the Court unanimously rejected the use… More...

Legal Technology News

India Has Potential to Lead the World in the Nexus of Social, Mobile, Cloud and Information But May Waste this Opportunity, Gartner Says

May 16, 2013

India has the potential to lead the world in the adoption of the Nexus of Forces, which is the convergence and mutual reinforcement of social interaction, mobility, cloud and information,… More...

Government Policy-Makers Need to Create a Level Playing Field for Cloud Services Procurement – Analyst

May 17, 2013

Cloud services policies are being developed and iterated in all jurisdictions. More...

More Legal Technology News...

 

Legal Industry News

Generics Drug Manufacturer to Pay $500 Million as Part of Largest Drug Safety Settlement to Date with Feds

May 16, 2013

In the largest drug safety settlement to date with a generic drug manufacturer, Ranbaxy USA Inc. , a subsidiary of Indian generic pharmaceutical manufacturer Ranbaxy Laboratories Limited, has pleaded guilty… More...

The American Lawyer Reports 2012 Growth of Am Law 100 Firms Modest, Spotty

May 15, 2013

The nation’s 100 largest law firms achieved modest cumulative growth in 2012, gaining 3.4% in total gross revenue over the prior year to $73.4 billion, 2.6% in average revenue per… More...

More Legal Industry News...

 

New Statutes, Regulations, and Rules

Employment Law

US Labor Department Seeks Input on Regulations Regarding Lifetime Income Illustrations

May 8, 2013

The U.S. Department of Labor's Employee Benefits Security Administration has issued an advance notice of proposed rulemaking focusing on lifetime income illustrations given to participants in… More...

Securities Law

SEC Seeks to Halt Scheme Raising Investor Funds Under Guise of JOBS Act

April 26, 2013

The Securities and Exchange Commission has filed fraud charges against a Spokane Valley, Wash., company and its owner for misleading investors with claims to raise billions… More...

Securities Law

Ralph Lauren Corporation Resolves Foreign Corrupt Practices Act Investigation Conducted by SEC and DOJ

April 23, 2013

Ralph Lauren Corporation (RLC), a New York based apparel company, has agreed to pay an $882,000 penalty to resolve allegations that it violated the Foreign Corrupt… More...

Other Federal Law Updates

Securities Law
New Proposed Legislation

House Committee Passes Bill Fast-Tracking Exemptions to Securities Registrations to Small Businesses

May 16, 2013

The House Committee on Financial Services has passed on voice vote a bipartisan bill providing the U.S. Securities and Exchange Commission (SEC) with an October 31st… More...

Securities Law
New Releases/No Action Letters

Traders Charged in Massive Kickback Scheme Involving Venezuelan Official

May 9, 2013

The Securities and Exchange Commission has charged four individuals with ties to a New York City brokerage firm in a scheme involving millions of dollars in… More...

Securities Law
New Releases/No Action Letters

SEC Charges Gatekeepers of Two Mutual Fund Trusts for Inaccurate Disclosures about Decisions on Behalf of Shareholders

May 2, 2013

The Securities and Exchange Commission has charged the gatekeepers of a pair of mutual fund trusts with causing untrue or misleading disclosures about the factors they… More...

Securities Law
New Releases/No Action Letters

Investors to Receive Their Entire Investments Back after SEC Halted Scheme Exploiting Immigration Program

April 25, 2013

The Securities and Exchange Commission has announced that investors in a fraudulent investment scheme that offered foreign investors a path to citizenship will get their money… More...

Securities Law
New Releases/No Action Letters

FINRA Fines Merrill Lynch $1 Million and Orders Restitution of More Than $320,000 for Failing to Provide Customers Best Execution in Non-Convertible Preferred Securities Transactions

April 24, 2013

The Financial Industry Regulatory Authority (FINRA) has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $1.05 million for failing to provide best execution in certain customer… More...

Securities Law
New Releases/No Action Letters

NFL & NBA Players among 58 Victims of Fraudulent Sales of Promissory Notes by Success Trade Securities

April 22, 2013

The Financial Industry Regulatory Authority (FINRA) has filed a Temporary Cease-and-Desist Order (TCDO) to halt further fraudulent activities by Washington, D.C.-based Success Trade Securities, Inc. and… More...

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Tips for In-House Counsel

Waging a Privacy War In The Global Marketplace: How Are Targeted Advertising Business Models At Risk?

By David F. Michail of Zuber Lawler & Del Duca

Trillions of bits of data are being transmitted all over the world every second. Sequences… More...

In re Taylor: Attorneys May Not Rely Solely on “Default Management” Databases to Prepare Mortgage Bankruptcy Pleadings

By Andrew Erskine of Zuber Lawler & Del Duca

Attorneys and law firms handling mortgage foreclosure-related matters cannot rely solely on factual information contained… More...