Goldman Sachs Tentatively Agrees to $270 Million Settlement as Mortgage Security Litigation Winds Down

Another domino has reportedly fallen in the aftermath of the mortgage-backed securities (MBS) meltdown that was mostly responsible for the worst economic downturn since the Great Depression. Multiple media outlets are reporting that Goldman Sachs will settle a class-action lawsuit led by the NECA-IBEW’s Health and Welfare Pension Fund of Illinois, among other investors, to


Judge Ordered Remi Walden $150M Award Reduced

Judge J. Kevin Chason in Georgia’s Decatur County Superior Court is my new hero! He told Fiat Chrysler to suck it regarding their request for a new trial in the tragic fire death of little Remi Walden. In his opinion, the evidence against Fiat was “overwhelming.” The judge also ordered the Walden $150M award reduced




U.S. Prosecutors Ask Supreme Court to Review Newman Insider Trading Ruling

New York-based U.S. Attorney Preet Bharara may be the greatest prosecutor who ever lived. From the Bernie Madoff scandal to Toyota, to a large portion of the New York state legislature; he has left a historic level of convictions and penalty awards. This includes a remarkable streak of 85 consecutive insider trading convictions before losing


Tom Brady Files Federal Lawsuit, NFL Pre-empts Venue Choice

7/30/2015 Superstar quarterback Tom Brady made good on his threat to file a federal lawsuit if NFL Commissioner Roger Goodell did not overturn his four-game suspension over Brady’s supposed knowledge of wrongdoing in the “Deflategate” scandal. Goodell, who also served as the arbitrator in Brady’s June 23rd appeal in New York, upheld the suspension on


Herbalife Wins another Dismissal in “Pyramid Scheme” Lawsuit

7/30/2015 In Los Angeles Federal Court on Tuesday, District Judge Dale Fischer dismissed another lawsuit against nutritional products producer, Herbalife, which was accused of being a “pyramid scheme.” The suit was filed against the company by the Oklahoma Firefighters Pension and Retirement System accusing Herbalife of lying to investors about the legitimacy of its business operations.


‘Slaughter Pen’ Lawsuit Aims to Re-Evaluate Ballpark Safety

7/29/2015 Longtime Oakland Athletics season-ticket holder Gail Payne has filed a lawsuit against Major League Baseball (MLB) asking the organization to make drastic changes in the netting that protects fans along the foul lines. The suit, filed July 13th in the U.S. District Court of Northern California lists MLB Commissioner Rob Manfred as the defendant.


Cipro May Cause Stevens Johnson Syndrome

7/27/2015 Yet another drug has been linked to the painful and sometimes fatal skin condition Stevens Johnson Syndrome. This time, it’s the fluoroquinolone family, also known as quinolones. These are some of the most prescribed antibiotics in the country and the star of the group is on the hot seat. Cipro may cause Stevens Johnson