http://www.law360.com/ Latest articles for organization: Squitieri & Fearon Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/133319 Two former assistant store managers have asked a federal judge for class certification in a suit accusing Home Depot USA Inc. of deliberately misclassifying them as exempt from California labor law in order to avoid paying a premium rate for overtime hours. http://www.law360.com/articles/133319 http://www.law360.com/articles/133072 Amid a profusion of lawsuits — many of them lodged in Southern California — accusing Guitar Center Inc., the National Association of Music Merchants Inc. and others of fixing prices for musical gear, a Nov. 19 hearing is set on dueling filings over where any multidistrict litigation should be based. http://www.law360.com/articles/133072 http://www.law360.com/articles/132514 RadioShack Corp. has reached a settlement in a proposed class action brought by members of a company 401(k) plan who accused the electronics retailer of funneling their investments into an underperforming mutual fund. http://www.law360.com/articles/132514 http://www.law360.com/articles/124812 A putative class of U.S. Sugar Corp. employee shareholders is seeking court approval of a settlement of up to $15.9 million with the company and its executives over allegations that the agricultural giant rejected a lucrative buyout offer and kept it secret from the shareholders. http://www.law360.com/articles/124812 http://www.law360.com/articles/119540 A federal judge has ruled that assistant managers at Home Depot USA Inc.'s New Jersey stores have not proved they were uniformly miscategorized and denied overtime pay for nonmanagerial tasks, nixing their request for class certification in a suit against the retail giant. http://www.law360.com/articles/119540 http://www.law360.com/articles/113880 A former employee of BankAtlantic Bancorp Inc. has lost her bid for class certification in a suit accusing the financial services holding company of failing to inform retirement plan participants of the true value of the company's stock. http://www.law360.com/articles/113880 http://www.law360.com/articles/109496 A federal judge has divided 30 pending cases accusing Bank of America Corp. of misleading investors into signing off on its $50 billion acquisition of Merrill Lynch & Co. into three major groups — securities, derivatives and 401(k) plan claimants — and picked interim leads for the putative classes. http://www.law360.com/articles/109496 http://www.law360.com/articles/98803 A judge has dismissed a lawsuit accusing Clear Channel Communications Inc., Live Nation Inc. and the law firm Cowan Liebowitz & Latman PC of scheming to misappropriate a confidential business model and use it to lock out rivals, ruling the plaintiff failed to state an antitrust claim. http://www.law360.com/articles/98803 http://www.law360.com/articles/95005 A federal judge has dismissed a lawsuit brought by former shareholders in Bioenvision Inc., ruling that because the plaintiffs relied on secondhand knowledge from an anonymous source in a separate lawsuit for their allegations that the company fraudulently deflated its stock price prior to a 2007 merger with Genzyme Corp., their claims could not stand. http://www.law360.com/articles/95005 http://www.law360.com/articles/94649 Beauty supplier Avon Products Inc. has won dismissal of a case brought by shareholders under the Employee Retirement Income Security Act in multidistrict litigation that accuses the company of breaching its fiduciary duties by issuing misleading statements about the company’s finances. http://www.law360.com/articles/94649 http://www.law360.com/articles/92784 A federal judge has consolidated a series of proposed class actions filed against American International Group Inc., all of which allege Employee Retirement Income Security Act violations and claim the insurer's pension plan invested in its own poorly performing stock, causing millions of dollars in losses. http://www.law360.com/articles/92784 http://www.law360.com/articles/92467 A federal judge has dismissed claims against Clear Channel Communications Inc. and Live Nation Inc. alleging that the companies were part of a scheme to misappropriate a confidential business model and use it to lock out rivals. http://www.law360.com/articles/92467 http://www.law360.com/articles/90808 Plaintiffs and class members in numerous securities lawsuits against Indian outsourcing company Satyam Computer Services Ltd. filed motions on Monday seeking to consolidate the cases and vying for lead plaintiff. http://www.law360.com/articles/90808 http://www.law360.com/articles/87384 A judge has dismissed the last remaining claims in a class action case brought by employees of a computer consulting company who claimed that HSBC Bank failed to pay them wages and pension plan contributions for two years after it took over the company. http://www.law360.com/articles/87384 http://www.law360.com/articles/80858 A Pilgrim's Pride Corp. worker has filed a proposed class action alleging that the bankrupt company's board of directors and compensation committee have violated the Employee Retirement Income Security Act by mishandling pension plans. http://www.law360.com/articles/80858 http://www.law360.com/articles/77926 Semiconductor maker Anadigics Inc. has been slapped with a second putative class action accusing the company of fraudulently representing its financial woes and its executives of participating in a multimillion-dollar insider trading scheme. http://www.law360.com/articles/77926 http://www.law360.com/articles/72157 After more than three years of litigation and multiple mediation sessions, an Employee Retirement Income Security Act class action against American International Group Inc. in New York has come to a close, and plaintiffs' counsel will split almost $7.3 million in fees, after spending more that 18,900 hours achieving the settlement. http://www.law360.com/articles/72157 http://www.law360.com/articles/61421 A federal appeals court has upheld the dismissal of a consolidated class action securities lawsuit charging that Savient Pharmaceuticals Inc. and three of its former officers defrauded investors by overstating both the company’s financial results and the appeal of its weight-gain drug Oxandrin. http://www.law360.com/articles/61421 http://www.law360.com/articles/61353 A judge has tentatively approved American International Group Inc.'s $24.2 million offer to settle employees' charges that the insurance giant's kickback and bid-rigging schemes caused pensions to lose value. http://www.law360.com/articles/61353 http://www.law360.com/articles/60928 The lead plaintiffs in a shareholder lawsuit over Merck & Co. Inc.'s shelved Vioxx painkiller have asked to assume the role of lead plaintiff in a new proposed multidistrict litigation over allegations that the company covered up evidence that its cholesterol drug Vytorin was less effective than advertised. http://www.law360.com/articles/60928