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April 8, 2020
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Part 7: Securities Fraud: When "good" Investments Disappear
Part 7: Securities Fraud: When "good" Investments Disappear
The nest egg stories Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.

Latest Lawsuit News & Legal Information

Government Preemption Doesn’t Apply to 3M Earplugs
Government Preemption Doesn’t Apply to 3M Earplugs
Florida In a Florida federal court last week, a group of military plaintiffs said that 3M can't argue that a government contract preemption gives it clearance to exit its 3M earplug lawsuit, which alleges the Combat Arms Earplug v2 made for the military is defective, because the earplugs were also advertised for civilian use.

Papa John’s to Settle California Wage Theft Lawsuit for $3.4 Million
Papa John’s to Settle California Wage Theft Lawsuit for $3.4 Million
Santa Ana, CA Papa John’s International has asked the Central District of California to approve a $3.4 million settlement to end a lawsuit that claimed the pizza chain failed to pay workers for required training time. The conduct described violates the Fair Labor Standards Act as well as wage requirements of New York and California labor law.

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BOEING DEFENDANTS IN STOCK DROP LAWSUIT CLAIM THEY WERE NOT FIDUCIARIES
BOEING DEFENDANTS IN STOCK DROP LAWSUIT CLAIM THEY WERE NOT FIDUCIARIES
Chicago, IL On March 2 attorneys for Boeing, its 401k retirement plan and the plan’s investment committee asked the District Court for the Northern District of Illinois to dismiss Burke v. The Boeing Co. The defendants claim that Newport Trust Co., the plan’s investment manager, was solely responsible for any losses incurred by participants in the Boeing Voluntary Investment Plan (VIP) when the value of Boeing’s stock dropped in the aftermath of the 737 MAX 8 aircraft disasters. Newport was not named as a defendant in the ERISA lawsuit.

Can Coronavirus and Lawsuits Vaporize E-cigarettes?
Can Coronavirus and Lawsuits Vaporize E-cigarettes?
Santa Clara, CA Coronavirus and e-cigarette use have one thing in common: they harm the lungs. And as of March 2020, hundreds of Juul e-cigarette lawsuits have been combined in a California federal court, with many more complaints expected.

Zantac Cancer Lawsuits Move to MDL Phase
Zantac Cancer Lawsuits Move to MDL Phase
West Palm Beach, FL Zantac cancer lawsuits will be consolidated in multidistrict litigation in the U.S. District Court for the Southern District of Florida. At the time of its formation on February 6, the MDL included 15 cases. An additional 126 cases were pending in 21 districts nationwide, and more plaintiffs are expected to join. The consolidated lawsuit will include cancer injury claims and consumer class actions against defendants who manufactured, sold or distributed Zantac and other ranitidine medications.

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