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Levi Korsinsky Announce Class Action
Legal World News |
2009/06/17 09:51
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Levi Korsinsky announces that a class action lawsuit has been filed in the Superior Court of the State of California challenging the proposed acquisition of Data Domain, Inc. (Data Domain or the Company) (Nasdaq:DDUP).
The Complaint arises out of the announcement by Data Domain stating that it had entered into a definitive merger agreement with NetApp, Inc. Under the terms of the proposal, Data Domain's shareholders would receive $30.00 to be paid in a combination of cash and NetApp stock. In addition, NetApp offered positions on its board to certain Data Domain officers and there are rumors that the Data Domain CEO Slootman could be the next CEO of NetApp. This raises questions as to whether the sales process conducted by the Board was fair and open. If you own common stock in Data Domain and wish to obtain additional information, please contact us at the number listed below or visit www.zlk.com/ddup1.html
Levi Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. |
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Former Sen. Stevens paid lawyers at least $1M
Legal World News |
2009/05/15 10:04
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New financial disclosures show that former Alaska Sen. Ted Stevens spent at least $1 million on legal bills defending himself against charges that he failed to report gifts as required.
A report filed this week with the Senate shows that Stevens owes between $1 million and $5 million to the Washington law firm Williams and Connolly for defending him in his corruption trial last year.pA jury found the longtime Republican lawmaker guilty in October on seven counts of lying on financial disclosure forms about gifts, including renovations that doubled the size of his home in Girdwood, Alaska. A judge dismissed the case in April, saying prosecutors withheld evidence that might have been favorable to Stevens at trial./ppThe disclosures filed this week are the same type of annual reports used against Stevens in his corruption case. The forms, which cover 2008, show that Stevens also owes $50,000 to $100,000 to another Washington law firm, Utrecht and Phillips./p |
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Discrimination claim appears to divide high court
Legal World News |
2009/04/23 09:32
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A divided Supreme Court took up its first examination of race in the Obama era Wednesday, wrestling with claims of job discrimination by white firefighters in a case that could force changes in employment practices nationwide.
p
The case from New Haven, Conn., pits white firefighters, who showed up at the court Wednesday in their dress uniforms, against the city over its decision to scrap a promotion exam because no African-Americans and only two Hispanic firefighters were likely to be made lieutenants or captains based on the results./ppAs is often the case with closely fought social issues at the court, Justice Anthony Kennedy appeared to hold the key to the outcome. He seemed concerned that New Haven scuttled the test without determining that there were flaws that might have led to the racially disproportionate results./ppSo shouldn't there be some standard that there has to be a significant, a strong showing after the test has been taken that it's deficient? Before it can be set aside? he said./ppKennedy often frowns on racial classifications, yet he is not as opposed to drawing distinctions on the basis of race as his more conservative colleagues./ppBut where Kennedy saw shades of gray, the rest of the court seemed to view the case clearly in terms of black and white./p |
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Man jailed for dodging child support for 14 kids
Legal World News |
2009/04/12 09:31
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Authorities in Michigan say a man fathered 14 children with 13 different women and owes more than $530,000 in unpaid child support.
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The Flint Journal reports 42-year-old Thomas Frazier was jailed Thursday. Court records say he hasn't made a support payment in six years./ppThe newspaper says the unemployed man could be held for 90 days if he doesn't pay $27,900./ppFrazier says he thinks he fathered only three of the children and that it's unrealistic for authorities to expect him to pay child support that was $3,000 a month at one point./ppFrazier remains held at the Genesee County Jail. It wasn't immediately clear if he had a lawyer who could speak for him./p |
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