This week the United States Supreme Court issued an opinion which affirms the heightened standards that shareholders must meet in order to prove securities fraud against a publicly held corporation or its officers in the sale of its securities. Investors that want to sue companies like Enron, Worldcom, Tyco and others who have left investors high and dry after making false and misleading...
The US Supreme Court had yet another opportunity to show its Bush-based republicanism today when it refused to allow taxpayers to challenge the use of federal funds to support religous organizations and charities. A group of eight individuals brought the action hoping to reestablish the separation of church and state by preventing religious organizations from applying from federal money. To...
In a painful example of the pro-business, anti-consumer attitude of the current US Supreme Court, the Court ruled that investors who want to sue companies and executives for fraud have a higher burden to meet to get their case to court.The court on Thursday waded into the debate on the defendants' side. By a vote of 8 to 1, it said that investors must show "cogent and compelling" evidence of...
On June 11, the Federal Court of Claims will hear a case on which looks to establish a clear link between childhood vaccinations, specifically vaccinations which contain thimerosal, a mercury-based preservative, and autism. If the court makes the connection, it will prove what many parents of autistic children have already believed to be true: that their child's autism is from the injection...
Today's New York Times reports that in a 5-4 decision yesterday, the Supreme Court held that employees may not bring suit under the principal federal anti-discrimination law unless they have filed a formal complaint with a federal agency within 180 days after their pay was set. This decision, which does not provide for an extension of the time frame if the worker is unaware of discriminatory...
The pyschiatric unit of University Hospitals of Cleveland was placed on probation by the Ohio Department of Mental Health after a grand jury indicted Herman Brown, a UH employee since April of this year, on multiple counts of rape, kidnapping, gross sexual imposition and sexual battery. "The hospital on May 18 acknowledged the rape of one patient after Brown's arrest. But the Ohio Department of...
As summer approaches remember that with increased outside activity comes the risk of skin cancer as a result of too much sun. Failure to diagnose skin cancer can lead too serious health problems and ultimately result in death. Recently a jury in California, found a dermatologist negligent for failing to biopsy a cyst. The patient's cyst later metastasized into cancer resulting in numerous...
As most employees know, if you are injured while in the course and scope of your employment you are entitled to workers compensation benefits. These benefits cover your medical bills, lost wages and sometimes provide compensation for future losses, depending on the nature of the injuries. What employees should also be aware of, is if the injury incurred at work, was caused by the negligence of...
Justice was served in the Cleveland Justice Center when a local judge put a piece of paper with a seven figure dollar amount on it in two envelopes and presented it to the lawyers involved in the case with the option of accepting the figure and settling the case or go to trial. The case involved a serious car accident which led to an 18 yeaar old college student losing his eye sight. The young...
On Wednesday Tom Gasper, the former top financial officer at the Ohio Bureau of Workers' Compensation was sentenced to more than five years in prison for Racketeering. Gasper accepted bribes, including cash and the use of a Florida condominium, in return for steering BWC investments to friends. Gasper served as chief financial officer between 1995 and 2004, managing a $19 billion portfolio. He...
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