http://www.law360.com/ Latest articles for organization: Coughlin Stoia Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135381 Spanish banking giant Banco Santander SA has asked a federal judge in Florida to toss a class action alleging that it was negligent in investing over $3 billion in Bernard L. Madoff’s $65 billion Ponzi scheme, saying that the bank monitored the fraudster as closely as anyone. http://www.law360.com/articles/135381 http://www.law360.com/articles/135566 JPMorgan Chase & Co. is the first defendant to reach a settlement in a class action accusing it and other credit card companies of conspiring to force cardholders into arbitration to settle disputes, according to representatives for the plaintiff. http://www.law360.com/articles/135566 http://www.law360.com/articles/135088 The Operating Engineers Pension Trust's board of trustees has launched a putative class action against JPMorgan Chase Bank NA for allegedly violating the Employment Retirement Income Security Act by taking undue risks with the collateral posted for a securities lending program that borrowed securities in the trust's retirement funds. http://www.law360.com/articles/135088 http://www.law360.com/articles/134530 A federal judge has paved the way for a Texas pension fund to arbitrate employment, breach of contract and other claims asserted against KeyCorp’s investment management unit instead of having the case proceed as part of multidistrict litigation that accuses the company of channeling $186 million into Madoff feeder funds. http://www.law360.com/articles/134530 http://www.law360.com/articles/134324 Organic food seller SunOpta Inc. has agreed to pay $11.25 million to settle a putative class action over a precipitous drop in stock prices that came after the company allegedly misrepresented its financial well-being. http://www.law360.com/articles/134324 http://www.law360.com/articles/134411 Florida health care providers have asked a federal judge to certify a class of plaintiffs in their lawsuit accusing State Farm Mutual Automobile Insurance Co. of improperly using a Medicare capping schedule to shortchange doctors on reimbursements for magnetic resonance imaging. http://www.law360.com/articles/134411 http://www.law360.com/articles/133948 Microsoft Corp. has cut a deal in Digital Reg of Texas LLC’s suit alleging the software giant and other companies have infringed its patent by making and selling digital content that incorporates Digital Rights Management technology. http://www.law360.com/articles/133948 http://www.law360.com/articles/133999 Shareholders have filed another proposed class action challenging Berkshire Hathaway Inc.'s proposed $34 billion cash-and-stock acquisition of Burlington Northern Santa Fe Corp., saying the railroad's board failed to ensure that shareholders received the maximum value for their shares. http://www.law360.com/articles/133999 http://www.law360.com/articles/133645 A shareholder of Landry’s Restaurants Inc. has brought a proposed class action alleging a planned $238 million buyout deal for the national restaurant and entertainment company by its CEO and other company directors is “grossly inadequate.” http://www.law360.com/articles/133645 http://www.law360.com/articles/133290 Threshold Pharmaceuticals Inc. has agreed to pay $10 million to settle a securities fraud action that alleged the biotechnology company and its top executive misled investors ahead of its initial public offering. http://www.law360.com/articles/133290 http://www.law360.com/articles/133016 Shareholders have filed three more putative class actions over Berkshire Hathaway Inc.'s proposed $34 billion cash and stock acquisition of Burlington Northern Santa Fe Corp., claiming the deal significantly undervalues the railroad operator. http://www.law360.com/articles/133016 http://www.law360.com/articles/132757 A judge has tossed all claims against Constar International Inc., citing its filing for Chapter 11 protection, in a consolidated securities fraud class action alleging the plastic container maker and several financial firms made misleading statements to investors about Constar's 2002 initial public offering. http://www.law360.com/articles/132757 http://www.law360.com/articles/132806 Citing critical differences among the plaintiff blocs, a group of pension funds has urged a federal judge to reconsider a recent decision to consolidate actions accusing KeyCorp.’s investment management unit of channeling $186 million into Madoff feeder funds. http://www.law360.com/articles/132806 http://www.law360.com/articles/132660 A pension fund that sued VeriFone Holdings Inc. for allegedly overstating its income for three 2007 quarters by more than $37 million is opposing the U.S. Securities and Exchange Commission’s proposed settlement related to the alleged fraud. http://www.law360.com/articles/132660 http://www.law360.com/articles/132475 Hansen Medical Inc. has been hit with a putative class action alleging the company issued materially false and misleading statements to shareholders regarding its financial results and compliance with generally accepted accounting principles. http://www.law360.com/articles/132475 http://www.law360.com/articles/132326 Wachovia Corp. and the underwriters and auditor of 30 of the company's public offerings have denounced a consolidated class action alleging they downplayed Wachovia’s parlous subprime exposure when selling some $35 billion bond class securities. http://www.law360.com/articles/132326 http://www.law360.com/articles/131984 Two insurance companies seeking to rescind defense coverage to Milberg LLP and several former partners caught up in an alleged kickback scheme have appealed their claims to the U.S. Court of Appeals for the Second Circuit following a district judge's ruling that they waited too long to act. http://www.law360.com/articles/131984 http://www.law360.com/articles/132075 A federal judge has denied a request to dismiss a proposed securities class action accusing mortgage insurer PMI Group Inc. and its leaders of misleading investors about losses in the housing market downturn. http://www.law360.com/articles/132075 http://www.law360.com/articles/131409 A federal appeals court has upheld the certification of a securities class action claiming that Constar International Inc. and several financial firms misled investors about the plastic container manufacturer’s 2002 initial public offering by touting the company as strong and competitive when its business was allegedly deteriorating. http://www.law360.com/articles/131409 http://www.law360.com/articles/131228 Direct mail marketing products company Advo Inc. and some of its directors and officers have reached a $12.5 million settlement in a securities class action alleging that they issued false and misleading information in relation to a new operating system and a merger with Valassis Communications Inc. http://www.law360.com/articles/131228