Power.com counter sues Facebook
Legal news for California business litigation lawyers. Power.com counter sues Facebook claiming anti-competitive business practices. San Francisco, CA–Facebook, a popular online social network, is a named defendant in a countersuit filed business litigation attorneys for Power.com, as reported by the Washington Post. San-Francisco based Power, or Power Ventures Inc., filed a lawsuit against Facebook in […]
New York business litigation lawyers news: New York federal court approves GM bankruptcy
New York federal bankruptcy court approves restructuring of General Motors. New York, NY (JusticeNewsFlash.com)–The New York Times reported a federal judge, residing in the United States Bankruptcy Court in Manhattan, approved a restructuring plan of General Motors (GM) on Sunday. The plan, which was approved on July 5, will allow GM to sell its most […]
GM demands $30 billion more!
Detroit automaker to file for Chapter 11 bankruptcy. Detroit, MI(JusticeNewsFlash.com)–General Motor Corporation (GM) is expected to file for Chapter 11 bankruptcy protection in federal court on Monday, reported the Detroit Free Press on Friday. The American automaker headquartered in Detroit will attempt to restructure itself with even more federal government financing. The new GM will […]
Feds shutter Florida’s BankUnited!
Federal regulators closed BankUnited of Coral Gables-2009’s largest bank failure. Miami, FL(JusticeNewsFlash.com)–United States federal regulators closed failed BankUnited of Coral Gables, Florida. BankUnited, the biggest bank headquartered in Florida, was closed by the Federal Deposit Insurance Corporation (FDIC) regulators after faltering from loans made in the housing boom as reported by the Sun Sentinel. BankUnited’s […]
Dallas court documents reveal Houston billionaire hires civil trial lawyer
Stanford fights $8 billion federal fraud allegations in Dallas District Court. Dallas, TX (JusticeNewsFlash.com)–The U.S. Securities and Exchange Commission (SEC) www.sec.gov have filed criminal allegations in federal court against Allen Stanford (Texas billionaire), tow of his top executives and three of his companies. Court documents reveal lawyers for the government had filed an $8 billion […]
Los Angeles Superior Court receives AIG shareholder lawsuit
Southern California based AIG executives named in legal action by shareholders. Los Angeles, CA (JusticeNewsFlash.com)–As reported by the Associated Press (AP), a lawsuit was filed on Wednesday in Los Angeles Superior Court against American International Group, Inc. (AIG) www.AIG.com. Lawyers, specializing in business litigation and fraud, filed the legal action on behalf of the major […]
Suzuki car owners sue American Suzuki Motor Corp PLUS Alabama auto dealer
Japanese car company plus Alabama auto dealer sued over warranties Huntsville, AL (JusticeNewsFlash.com)–American Suzuki Motor Corporation and the owner/operator of two closed Suzuki car dealerships in Huntsville and Sheffield, Alabama have been sued by two local residents. According to the Huntsville Times, lawyers for two plaintiffs have filed lawsuits in Lauderdale County Circuit Court alleging […]
Austin surgical spine medical device CEO resigns
Texas’ ArthroCare medical device company CEO and two other executives resign. West Palm Beach, FL (JusticeNewsFlash.com)–ArthroCare Corp., a medical device company, specializing in products for doctors and surgeons, received the resignations of Mike Baker, CEO and two other top company executives on Thursday. The Austin American-Statesman reported the medical device company, who is famous for […]
Virginia peanut company files bankruptcy amidst salmonella outbreak!
Peanut Corp. of America files Chapter 7 after closing Georgia and Texas plants. West Palm Beach, FL (JusticeNewsFlash.com)–Peanut Corporation of America (PCA), the Lynchburg, Virginia based peanut processing company, filed for Chapter 7 bankruptcy as reported by Virginia Business on Monday. The U.S. Food and Drug Administration (FDA) www.fda.gov linked a nationwide salmonella outbreak to […]
SEC fails Madoff securities investors-How do I protect from being ponzi’d?
SEC regulators may have failed innocent Madoff ponzi scheme investors. New York business lawyers educate Americans-How do I protect myself from being ponzi’d? December 15, 2008, New York, NY (JusticeNewsFlash.com)–New York business litigation lawyers and securities fraud legal experts with JusticeNewsFlash.com (JNF) say the U.S. government’s Securities and Exchange Commission (SEC) http://www.sec.gov/ regulators may have […]
$141 million jury fraud verdict against Bank of America
Bank of America lost a $141 million lawsuit for defrauding innocent investors. Federal court jurors in Manhattan ruled in favor of investors last Friday. December 10, 2008, West Palm Beach, FL (JusticeNewsFlash.com)– Bank of America Corp., the largest U.S. consumer bank, lost a $141 million jury verdict last Friday. The lawsuit, filed on behalf of […]