A Pennsylvania federal judge on Monday said Omega Advisors Inc. founder Leon Cooperman can still be liable for trading on nonpublic information from a pipeline company executive even if he didn’t pledge not to trade until after the exec passed the tip, denying Cooperman’s motion to dismiss the U.S. Securities and Exchange Commission’s suit.
An Urban Outfitters Inc. shareholder has lodged a derivative suit in Pennsylvania state court accusing top brass of painting an artificially rosy picture of the company’s financial health to keep stock prices high while selling off tens of millions of dollars worth of personally held shares.
A divided Pennsylvania appeals court ruled Friday that the new owners of a 32-acre Venango County property, which was carved out and sold from a larger property under lease for oil and gas drilling, had an independent right to file suit seeking to eject a drilling company from their land.
Ballard Spahr LLP has further expanded its Philadelphia securities litigation group with a former senior regional trial attorney at the U.S. Securities and Exchange Commission, the firm announced Monday.
The U.S. Supreme Court on Monday dealt a blow to U.S. Sen. Bob Menendez, D-N.J., when the justices refused to review a Third Circuit decision upholding his corruption charges based on an inquiry into the senator's motives to determine whether legislative acts are constitutionally protected.
The shuttered Trump Taj Mahal said Friday in an amended New Jersey federal court lawsuit that letters spelling out President Donald Trump's name belonged to the casino and were meant to be destroyed, claiming a Pennsylvania salvage company unlawfully took the signage after it was stripped from the property.
A class member unhappy with a $9.6 million settlement of a settlement in a criminal New Jersey tax lien bid-rigging scandal filed an appeal in the Third Circuit on Wednesday, claiming the prediscovery deal represents a pittance in comparison to hundreds of millions in alleged damages.
A Pennsylvania appeals court affirmed Friday the dismissal of a suit accusing St. Vincent Health Center of medical negligence in connection with a patient's death, saying a previous settlement between the patient's estate and a different hospital included broad terms releasing St. Vincent from liability.
Sheller PC has asked the U.S. Supreme Court to declare it has standing to sue the FDA, arguing it was injured when the agency denied a citizen petition aimed at forcing a Johnson & Johnson unit to publicize documents about its antipsychotic drug Risperdal, in a related suit over side effects in adolescent boys.
As he prepares to go to trial this week on charges stemming from the Jerry Sandusky sex abuse scandal, ex-Penn State University president Graham Spanier faces a new challenge from freshly inked plea deals that could send two of his erstwhile co-defendants to the stand against him.
The U.S. Federal Trade Commission's attempt to do away with a suit challenging its authority to bring litigation in federal court is based on a misreading of the facts and should be disregarded, Watson Laboratories Inc. told a Pennsylvania federal court Thursday.
The U.S. Securities and Exchange Commission lost a senior regional trial attorney this month, according to court papers.
IMS Health Inc. on Friday settled a long-running Pennsylvania state court suit against Zurich American Insurance Co. over coverage against a rival pharmaceutical and health care data provider’s accusations of market monopolization.
Pennsylvania’s auditor general on Thursday lashed out at an organization with a $30 million state contract to provide abortion alternative services after the group filed a petition in state court arguing that he lacks authority over a portion of the grant money that it receives back after paying vendors.
The Third Circuit affirmed Thursday that a Philadelphia City Council member did not violate a property developer’s constitutional rights when the politician pushed for the sale of city property to friends and political contributors rather than relying on a competitive bidding process.
A Pennsylvania federal judge on Thursday trimmed to $651,000 from $1 million the attorneys’ fees awarded in a Telephone Consumer Protection Act class action suit brought against Rita’s Water Ice Franchise Co. LLC, an amount the judge determined after performing an analysis of class counsel's fee request.
A man from Afghanistan who once provided aid to U.S. armed forces and saw his visa canceled after arriving in the United States will not be deported after a Third Circuit judge on Thursday granted an 11th-hour order allowing him to stay in the country while immigration activists fight his removal.
A Pennsylvania federal judge on Wednesday accepted a U.S. Department of Labor-endorsed method of distributing the assets of employee retirement trusts in a long-running suit against a disbarred Philadelphia attorney accused of diverting $34 million from 400 plans nationwide.
A New York federal judge on Thursday ruled Constitution Pipeline Co. LLC can't challenge a state regulator's decision to hold off ruling on certain water quality permits for the company’s proposed $683 million natural gas pipeline while an appeal about another permit is pending, saying the pipeline maker hasn’t experienced an injury or imminent threat of harm as a result of the delay.
A Pennsylvania jury was urged during closing arguments on Thursday to reject charges that the CEO of a drug refund company concocted a scheme to bilk customers, including the U.S. Department of Defense, out of $116 million they should have received for their unwanted medications.
For decades, law firms have taken on considerable expense to acquire or rent opulent office space, often with the intention of signaling seriousness and reliability to their clients. But more recently, solo practitioners and established firms alike have started breaking tradition, says Philippe Houdard, co-founder of Pipeline Workspaces.
If today’s law firms are willing to rethink their perceptions of millennials, they may see greater success in attracting and retaining new talent by giving the younger generation the kind of retirement planning benefits they want and need, says Nathan Fisher of Fisher Investments.
Presidential adviser Kellyanne Conway's TV appearances provide some examples of what lawyers should and shouldn't do when speaking to the media, says Michelle Samuels, a vice president of public relations at Jaffe.
Some state banking regulators see the Office of the Comptroller of the Currency's plan to create a new charter for financial technology companies as a direct threat to their existing authority. Litigation challenging the preemptive effect of the fintech charter would likely involve an interpretation of the limitations on the OCC’s statutory preemptive power, say attorneys with Eversheds Sutherland (US) LLP.
We all recognize that cutting or copying text from earlier works and pasting it into new documents saves attorneys time. However, with this increase in speed comes an increased risk of making, or not catching, errors, says Robert Lang of D’Amato & Lynch LLP.
Detractors of litigation funding have strained to characterize a recent decision from a California federal court as significant headway in their crusade against the litigation funding industry. However, in truth, this is a victory for both the industry and those in need of capital to bring meritorious claims against wrongdoers in an often prohibitively expensive legal system, say Matthew Harrison and Priya G. Pai of Bentham IMF.
Marijuana cultivation suffers from the same pest and disease pressure as any large commercial greenhouse operation. However, the circumstance unique to this setting is that any use of a pesticide in the cultivation of marijuana is a violation of federal law, says Telisport Putsavage of Putsavage PLLC.
Many posit a material decline in environmental enforcement and a retrenchment or reversal of environmental regulatory initiatives in the new Trump administration. We expect three concrete areas where activism and activity will be on the rise during this time, targeting a variety of environmental, public health and liability issues of considerable potential consequences, say Lester Sotsky and Andy Wang of Arnold & Porter Kaye Scholer LLP.
The Pennsylvania federal court's recent Google decision may give companies emboldened by the Second Circuit's Microsoft decision pause in deciding whether to resist compliance with what they view as overly broad requests for customer data. However, the different results in the cases may serve as useful guidance for securing data abroad, say Philip Bezanson and Laura Prebeck Hang of Bracewell LLP.
Fred Korematsu’s U.S. Supreme Court case challenging President Franklin Roosevelt’s executive order that led to the incarceration of approximately 120,000 people of Japanese ancestry may sound like ancient history. However, Feb. 19 marks the 75th anniversary of the order's signing, and that it’s celebrating its diamond anniversary now is breathtaking timing, says Randy Maniloff of White and Williams LLP.