Texas business litigation News: ATT infuriates iPhone customers!
Over 8,000 ATT iPhone users sign Twitter petition demanding fair business practices. Dallas, TX(JusticeNewsFlash.com)–Angry iPhone and AT&T subscribers have turned to internet social media giant, Twitter http://www.twitter.com, to express growing consumer resentment towards higher prices for current iPhone users to upgrade to the new iPhone 3G S, as reported by Information Week. Dallas based AT&T, […]
U.S. Supreme Court halts Chrysler sale!
Highest court in America stops sale of sinking Chrysler to Fiat! Washington, D.C.(JusticeNewsFlash.com)–The sale of Chrysler to Fiat was postponed as of Monday by the United States Supreme Court. The reason for the Supreme Court’s action is not certain. Despite the government’s efforts to expedite the sale last week, a federal judge decided to stay […]
New York judge rules against Chrysler car owners!
Fiat immune from American automobile consumers claims. New York, NY (JusticeNewsFlash.com)–In recent court proceedings, Judge Arthur J. Gonzales a United States Bankruptcy judge for the Southern District of New York, approved the sale of most of Chryslers’ assets to a new company operated by Fiat. The judge further granted Fiat’s request to be recused for […]
Feds indict Washington Mutual mortgage fraud perpetrators-New York business litigation lawyers
Federal attorneys filed charges against 9 people for $92 million WaMu mortgage fraud scheme. New York, NY(JusticeNewsFlash.com)–The U.S. Attorney’s Office in Brooklyn filed federal charges against, real estate developer Thomas Kontogiannis plus eight other defendants in U.S. District Court in Brooklyn, New York on Thursday. Reuters reported lawyers for the federal government charged nine persons […]
GM files Chapter 11 bankruptcy announces shuttering factories!
General Motors files Chapter 11 bankruptcy protection in court and will close 9 plants. New York, NY(JusticeNewsFlash.com)–The world’s second-largest auto maker, General Motors (GM), filed for Chapter 11 bankruptcy protection early Monday morning. Yahoo News reports that GM’s bankruptcy case is the largest U.S. industrial bankruptcy filing, with $82.29 billion in assets and $172.81 billion […]
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 […]
Merck appeals Vioxx lawsuit!
Merck appeals Vioxx drug safety suit with U.S. Supreme Court Washington, D.C.(JusticeNewsFlash.com)–Merck & Company, one of the largest pharmaceutical companies in the world, based in Whitehouse Station, New Jersey, will argue a lower court ruling before the U.S. Supreme Court. As reported by the Wall Street Journal (WSJ), the high court agreed to hear the […]
Facebook welcomes $200 million Russian investment
Digital Sky Technologies follows Microsoft and buys stake in Facebook.Los Angeles, CA(JusticeNewsFlash.com)–Facebook, a social networking website whose U.S. headquarters are located in Palo Alto, California, announced the acceptance of a $200 million investment from a Russian firm on Tuesday. The Los Angeles Times reports the Russian Internet investor, Digital Sky Technologies, will now have close […]
Intel fined $1.45 billion!
European Commission fined Intel record $1.45 billion for antitrust abuses. New York, NY(JusticeNewsFlash.com)–Intel, the world’s largest chip maker, was fined $1.45 billion by the European Commission, on Wednesday, for violating antitrust laws by skewing competition through deceptive business and marketing practices. As reported by the New York Times, Intel’s illegal anticompetitive business practices excluded it […]
Debt Settlement, Debt Consolidation Companies Under Investigation – New York Attorney General investigates 14 debt consolidation firms
NY Attorney General secures subpoenas for 14 debt consolidation firms. New York, NY(JusticeNewsFlash.com)–Lawyers for the New York State Attorney General’s (AG) office of Andrew Cuomo announced they have secured subpoenas, against 14 different national debt settlement companies, by a federal judge on Thursday. As reported by Reuters, legal officials are reviewing information and seeking access […]
Virginia police investigate Freddie Mac CFO hanging!
Fairfax County police find Freddie Mac’s CFO dead in his Vienna home. Washington, D.C.(JusticeNewsFlash.com)–Fairfax County police officers responded to a call, by an unnamed person in the home of acting Chief Financial Officer of the faultering mortagage giant Freddie Mac, at about 5 a.m. Wednesday morning. As reported by the Washington Post, 41 year-old, CFO […]
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 […]