Carrier IQ, a California company that’s recently come under fire over concerns about tracking software installed on 140 million smartphones, now faces 51 proposed class actions in state and federal courts.
Greenberg Traurig shareholder Leslie Corwin’s ethics are under fire in a pending lawsuit in which a hedge fund manager accuses Corwin and Greenberg of helping to cover up a client’s efforts to first forge and then tamper with a key document at the heart of a separate suit.
The administrator of the $20 billion fund for Gulf oil spill victims, under fire for red tape and delays, has been told by BP that his formula for determining final payments is too generous.
A judge’s order that defendants in a civil insider trading case turn over to the Securities and Exchange Commission wiretaps they obtained in discovery in their criminal case came under fire Thursday at the 2nd Circuit. A lawyer for Raj Rajaratnam and Danielle Chiesi, central figures in a wide-ranging insider trading prosecution that has already netted 11 guilty pleas, asked a three-judge panel to reverse New York federal Judge Jed Rakoff’s February order compelling production of the wiretaps.
The trustee charged with liquidating the estate of Bernard L.