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Goldman Sachs Backs Off Blogger
Legal Blog News |
2009/07/16 11:17
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In an article for a href=http://www.law.com/jsp/article.jsp?id=1202432304181amp;Goldman_Sachs_Backs_Down_in_Legal_Battle_With_BloggerThe American Lawyer/a, Brian Baxter reports that investment bank firm Goldman Sachs has cooled off on legal battles with Florida-based blogger Mike Morgan. The company quietly agreed to stipulations with Morgan last month.
Morgan agreed to a disclaimer on his page denying any affiliation with Goldman. In return, they will not interfere with his use of the name on the site.
A recent Rolling Stone a href=http://zerohedge.blogspot.com/2009/06/goldman-sachs-engineering-every-major.htmlarticle/a by Matt Taibbi has brought more attention to the controversial issues Morgan discusses on the website. In the article Taibbi calls the firm a vampire squid wrapped around the face of humanity.
Goldman Sachs has responded by saying the article is full of conspiracy theories and, We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance of being a force of good.
The firm recently reported $3.4 billion in second quarter profits, exceeding all expectations. |
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PA Club Accused Of Discrimination
Attorney Blog News |
2009/07/10 10:35
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pa href=http://news.findlaw.com/ap/other/1110/07-10-2009/20090710005007_01.htmlThe Associated Press/a is reporting that the Pennsylvania Human Relations Commission is investigating a swim club outside of Philadelphia on accusations of racial discrimination.
The Valley Club allegedly told a group of visiting minority children to get out of the pool and not to return. They are denying this claim and saying that overcrowding was the problem.
The Creative Steps camp is from northeast Pennsylvania and had planned to come to The Valley Club every Monday this summer. The alleged incident occured on June 29. Some of the children claim they heard racial comments.
One 9-year-old member, who was upset about the incident, was asked if she would return if allowed. I don't want to swim here anymore, she responded.
Senator Arlen Specter called the sitution extemely disturbing and is also investigating the matter./p |
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Gay Marriage Battle In Maine
Attorney Blog News |
2009/06/20 10:15
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According to a href=http://news.findlaw.com/ap/other/1110/06-18-2009/20090618075001_18.htmlThe Associated Press/a, the same public relations firm used to successfully overturn Prop 8 in California has been commissioned to assist gay marriage opponents in Maine.
The California-based Schubert Flint Public Affairs will help campaign to repeal Maine's gay marriage law. More than 55,000 signatures are necessary to get the issue on the ballot in November.
On the other side, Maine's gay marriage proponents have formed a political action committee.
Jesse Connolly, who successfully led the 2005 campaign to keep the state's gay right laws, has been hired by Maine Freedom To Marry to campaign against they gay marriage gainsayers. |
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Levi Korsinsky Announce Class Action
Attorney Blog News |
2009/06/17 09:51
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Levi Korsinsky announces that a class action lawsuit has been filed in the Superior Court of the State of California challenging the proposed acquisition of Data Domain, Inc. (Data Domain or the Company) (Nasdaq:DDUP).
The Complaint arises out of the announcement by Data Domain stating that it had entered into a definitive merger agreement with NetApp, Inc. Under the terms of the proposal, Data Domain's shareholders would receive $30.00 to be paid in a combination of cash and NetApp stock. In addition, NetApp offered positions on its board to certain Data Domain officers and there are rumors that the Data Domain CEO Slootman could be the next CEO of NetApp. This raises questions as to whether the sales process conducted by the Board was fair and open. If you own common stock in Data Domain and wish to obtain additional information, please contact us at the number listed below or visit www.zlk.com/ddup1.html
Levi Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. |
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Sotomayor nominated to high court
Legal Blog News |
2009/05/26 09:23
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President Barack Obama chose federal appeals judge Sonia Sotomayor to become the nation's first Hispanic Supreme Court justice on Tuesday, praising her as an inspiring woman with both the intellect and compassion to interpret the Constitution wisely.
p
Obama said Sotomayor has more experience as a judge than any current member of the high court had when nominated, adding she has earned the respect of colleagues on the bench, the admiration of many lawyers who argue cases in her court and the adoration of her clerks, who look to her as a mentor./ppStanding next to Obama at the White House, Sotomayor recalled a childhood spent in a housing project in the Bronx as well as her upper-echelon legal career: I strive never to forget the real world consequences of my decisions on individuals, businesses and government./ppBarring the unexpected, Senate confirmation seems likely, given the large Democratic majority. If approved, she would join Justice Ruth Bader Ginsburg as the second woman on the current court, the third in history. She would succeed retiring Justice David Souter./ppSenate Majority Leader Harry Reid, D-Nev., issued a statement saying he looked forward to working with both Democrats and Republicans on the Judiciary Committee to confirm Judge Sotomayor as the first Hispanic and the third woman to sit on the court./p |
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