$25 BILLION MORTGAGE SETTLEMENT WITH BANK OF AMERICA, CHASE, CITIGROUP, WELLS FARGO, AND ALLY FINANCIAL

The announcement today that 49 states and the federal government had agreed to a $25 billion settlement with banks over mortgage servicing and foreclosure abuses meant a sleepless night for many of the attorneys involved in the historic deal. The Justice Department's Thomas Perrelli, a lead negotiator for the federal government, called the negotiations the [...]

CLASS ACTION LAWSUIT FILED OVER STRATFOR DATA BREACH – THOUSANDS OF CREDIT CARD NUMBERS STOLEN

Geopolitical analysis company Stratfor has been hit with a lawsuit this week after a computer hacker stole information on thousands of the company's customers. The lawsuit, filed by Stratfor users, claims that information on 90,000 credit card accounts were stolen, as well as 75,000 people's personal information. The lawsuit is seeking more than $50 million in [...]

Fishermen and Environmentalist File Lawsuit Against US Dept of Interior

A group of fishermen and environmentalists along the Gulf of Mexico coast have filed a lawsuit against the U.S. Department of Interior's Minerals Management Service over lax regulations that allegedly contributed to the April 20 explosion and oil spill. The lawsuit claims that the MMS issued notices to British Petroleum saying they did not have [...]

BP Oil Spill May Devastate Alabama Gulf Coast

We are investigating the impact of the BP (British Petroleum) Oil spill may have on the Alabama Gulf Coast.  The amount of environmental, commercial, and property damage from the Deepwater Horizon oil spill is yet to be determined. The oil platform Deepwater Horizon exploded and sank in the Gulf of Mexico on April 20, 2010.  As a result, the oil [...]

Airlines Sued for Price Fixing

Consumers have filed a class action lawsuit against major airlines, AirTran Airways and Delta Airlines, for fixing prices for first bag fees.  The lawsuit alleges the airlines agreed to coordinate capacity cuts in Atlanta and raise prices together.   The consumers are seeking treble (triple) damages, plus interest. FULL STORY