Virginia General District Court

Loan Depot, Inc. and Cardinal Financial Corporation Face Class Action Disputes Over Deceptive Practices

Retrieved on: 
Wednesday, December 13, 2023

DALLAS, Dec. 13, 2023 /PRNewswire/ -- Noted trial attorney Rogge Dunn has filed two class action lawsuits in state court in Dallas County against Loan Depot, Inc., and Cardinal Financial Corporation alleging the companies violated the Texas Deceptive Trade Practices Act, as well as claims of negligent misrepresentation and gross negligence against Texas homeowners.

Key Points: 
  • The false statements were made to induce Plaintiffs and the other members of the class to induce them into entering the Transactions."
  • "Instead, Loan Depot and Cardinal Financial used their position to exploit homeowners to their own benefit."
  • Led by founding partner Rogge Dunn, the firm is well-known for successfully trying high-profile business, financial, and employment disputes.
  • Based in Dallas, the firm tries cases in state and federal courts in Texas and throughout the United States.

THE LAWFARE PROJECT APPEALS RULING BY DISTRICT COURT IN WARSAW AGAINST HOLOCAUST SURVIVORS

Retrieved on: 
Monday, December 11, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- On November 16, 2023 The Lawfare Project (LP) and counsel in Poland appealed the District Court in Warsaw's decision to dismiss the case of Krystyna Budnicka, Michał Głowiński and Leszek Żukowski (plaintiffs) against Andrzej Ryba (defendant). With LP's support, counsel in Poland represented the plaintiffs, two Holocaust survivors and a former Polish Underground Army fighter and prisoner of Nazi camps, against the defendant who published books by Nazi war criminal Leon Degrelle. The lawsuit, which was initially filed in 2018, sought to force the publisher to cease the sale and distribution of the offending material, to publish an apology, and to pay monetary compensation to charities of the plaintiffs' choosing. The broader goal of this action was to ensure that Polish law prohibiting Holocaust denial is enforced and that similar publications are blocked. The appeal was filed in Poland's Court of Appeals.

Key Points: 
  • The broader goal of this action was to ensure that Polish law prohibiting Holocaust denial is enforced and that similar publications are blocked.
  • The appeal was filed in Poland's Court of Appeals.
  • "The Court of first instance allowed Holocaust denial and Nazi propaganda books, presented as 'memoires' and 'historical sources,' to be legally published and sold in Poland," said attorney Michal Jablonski.
  • Moreover, such books cannot be marketed as historical books but rather, if anything, as memories of Leon Degrelle, who was a Nazi war criminal.

THE LAWFARE PROJECT APPEALS RULING BY DISTRICT COURT IN WARSAW AGAINST HOLOCAUST SURVIVORS

Retrieved on: 
Monday, December 11, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- On November 16, 2023 The Lawfare Project (LP) and counsel in Poland appealed the District Court in Warsaw's decision to dismiss the case of Krystyna Budnicka, Michał Głowiński and Leszek Żukowski (plaintiffs) against Andrzej Ryba (defendant). With LP's support, counsel in Poland represented the plaintiffs, two Holocaust survivors and a former Polish Underground Army fighter and prisoner of Nazi camps, against the defendant who published books by Nazi war criminal Leon Degrelle. The lawsuit, which was initially filed in 2018, sought to force the publisher to cease the sale and distribution of the offending material, to publish an apology, and to pay monetary compensation to charities of the plaintiffs' choosing. The broader goal of this action was to ensure that Polish law prohibiting Holocaust denial is enforced and that similar publications are blocked. The appeal was filed in Poland's Court of Appeals.

Key Points: 
  • The broader goal of this action was to ensure that Polish law prohibiting Holocaust denial is enforced and that similar publications are blocked.
  • The appeal was filed in Poland's Court of Appeals.
  • "The Court of first instance allowed Holocaust denial and Nazi propaganda books, presented as 'memoires' and 'historical sources,' to be legally published and sold in Poland," said attorney Michal Jablonski.
  • Moreover, such books cannot be marketed as historical books but rather, if anything, as memories of Leon Degrelle, who was a Nazi war criminal.

Envoy Medical Announces Settlement Contract

Retrieved on: 
Tuesday, October 10, 2023

WHITE BEAR LAKE, Minn., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (NASDAQ: COCH), a hearing health company, today announced the settlement of an outstanding lawsuit filed by certain former shareholders of Envoy Medical Corporation (“EMC”), which is now a wholly-owned subsidiary of Envoy Medical, Inc.

Key Points: 
  • WHITE BEAR LAKE, Minn., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (NASDAQ: COCH), a hearing health company, today announced the settlement of an outstanding lawsuit filed by certain former shareholders of Envoy Medical Corporation (“EMC”), which is now a wholly-owned subsidiary of Envoy Medical, Inc.
  • In January 2020, EMC and the members of the EMC board of directors were sued by certain EMC shareholders in the District Court of Ramsey County, Minnesota.
  • The claims and counterclaims were resolved pursuant to a confidential settlement agreed to in August 2023.
  • In connection with the settlement, the plaintiffs sold their EMC stock to an affiliate of Mr. Taylor.

Bailey Glasser Wins Summary Judgment for Texas Borrowers over Illegal "Pay-to-Pay" Junk Fees

Retrieved on: 
Thursday, September 28, 2023

WASHINGTON, Sept. 28, 2023 /PRNewswire/ -- Bailey & Glasser, LLP, on behalf of a class of consumers who were charged illegal fees just for paying their mortgages over the phone, won a significant summary judgment victory in a class action before a federal district court in Houston, Texas.

Key Points: 
  • WASHINGTON, Sept. 28, 2023 /PRNewswire/ -- Bailey & Glasser, LLP, on behalf of a class of consumers who were charged illegal fees just for paying their mortgages over the phone, won a significant summary judgment victory in a class action before a federal district court in Houston, Texas.
  • The lawsuit against Lakeview Loan Servicing and LoanCare, LLC alleges that they charged FHA mortgage borrowers illegal "Pay-to-Pay" fees, extra charges of up to $12 for processing monthly payments by phone.
  • The Bailey Glasser team, led by partners James Kauffman and Elizabeth Ryan, originally brought this case in May 2020, asserting that the collection of Pay-to-Pay junk fees violated the Texas Debt Collection Act (TDCA).
  • "This case is a big win for American consumers who struggle enough without being nickel-and-dimed by illegal junk fees," said lead counsel James Kauffman.

Scouting Settlement Trust Begins Payments to Compensate Survivors of Sexual Abuse in Boy Scouts of America

Retrieved on: 
Tuesday, September 19, 2023

SANTA FE, N.M., Sept. 19, 2023 /PRNewswire/ -- The Scouting Settlement Trust ("Trust"), the fund established to compensate Survivors of sexual abuse while in the Boy Scouts of America ("BSA"), announced today that it has begun distributing its first payments, the start of a multi-year process to provide an estimated $2.5 billion in compensation to more than 82,000 claimants.

Key Points: 
  • SANTA FE, N.M., Sept. 19, 2023 /PRNewswire/ -- The Scouting Settlement Trust ("Trust"), the fund established to compensate Survivors of sexual abuse while in the Boy Scouts of America ("BSA"), announced today that it has begun distributing its first payments, the start of a multi-year process to provide an estimated $2.5 billion in compensation to more than 82,000 claimants.
  • Approximately 60 payments totaling more than $150,000 were the first issued by the Trust since it was authorized to begin work in April.
  • Since that time, the Trust has established a comprehensive claims processing platform at www.scoutingsettlementtrust.com to receive, evaluate and resolve claims.
  • The Trust currently is gathering information from the remaining 75,000 Survivors in accordance with the trust distribution process outlined in BSA's plan of reorganization.

BURFORD CAPITAL STATEMENT ON YPF DAMAGES RULING

Retrieved on: 
Friday, September 8, 2023

NEW YORK, Sept. 8, 2023 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today releases the following statement in connection with the September 8, 2023 Findings of Fact and Conclusions of Law (the "Ruling") issued by the United States District Court for the Southern District of New York (the "Court") in connection with the Petersen and Eton Park cases against the Republic of Argentina and YPF (the "Case" or the "YPF Litigation").

Key Points: 
  • We discuss below the computation of potential damages but in round numbers the Court's Ruling implies a judgment against Argentina of approximately $16 billion.
  • In other words, the Ruling results in a complete win against Argentina at the high end of the possible range of damages.
  • The Ruling is a major milestone for Burford and we continue to see momentum in our overall portfolio and continued demand for our capital and services."
  • While Burford offers in this release its views and interpretation of the Ruling, those are qualified in their entirety by the actual text of the Ruling and we caution that investors cannot rely on Burford's statements in preference to the actual Ruling.

Scouting Settlement Trust Opens Claims Process to Compensate Survivors of Abuse in Boy Scouts of America

Retrieved on: 
Friday, August 18, 2023

SANTA FE, N.M., Aug. 18, 2023 /PRNewswire/ -- The Scouting Settlement Trust ("Trust"), the fund established to compensate survivors of sexual abuse while in the Boy Scouts of America ("BSA"), announced today that it is opening its online claims processing portal to all of the estimated 82,000 individuals who filed claims in the BSA bankruptcy cases.

Key Points: 
  • SANTA FE, N.M., Aug. 18, 2023 /PRNewswire/ -- The Scouting Settlement Trust ("Trust"), the fund established to compensate survivors of sexual abuse while in the Boy Scouts of America ("BSA"), announced today that it is opening its online claims processing portal to all of the estimated 82,000 individuals who filed claims in the BSA bankruptcy cases.
  • Opening the claims process to the remaining 75,000 survivors is the next step toward delivering compensation in accordance with the trust distribution process outlined in BSA's court-approved plan of reorganization.
  • "Survivors have waited a long time to be heard, recognized, and compensated," said the Hon.
  • Although speed is a priority, Houser said the Trust has a duty to treat all abuse claims consistently, with a guarantee of fairness and confidentiality.

CareDx Announces District Court Judge Bars Natera from Falsely Advertising and Overstating the Scientific Performance of its Prospera Transplant Test

Retrieved on: 
Monday, August 7, 2023

CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced that the United States District Court for the District of Delaware (the “District Court”) issued an injunction prohibiting Natera (Nasdaq: NTRA) from continuing to falsely advertise and overstate the scientific performance of its Prospera transplant test.

Key Points: 
  • CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced that the United States District Court for the District of Delaware (the “District Court”) issued an injunction prohibiting Natera (Nasdaq: NTRA) from continuing to falsely advertise and overstate the scientific performance of its Prospera transplant test.
  • The injunction follows the July 17, 2023, decision by the District Court to uphold and reaffirm the March 2022 jury verdict finding that Natera (Nasdaq: NTRA) violated the Lanham Act by falsely advertising the scientific performance of its Prospera transplant test.
  • On July 17, 2023, the District Court upheld the jury’s prior decision that Natera made nine false advertising claims about its Prospera kidney transplant test and false advertising comparisons to CareDx’s AlloSure® Kidney to the transplant community.
  • This injunction is a win for the transplant community because patient care and science won over false advertising.

CareDx Applauds District Court Decision to Uphold Jury Verdict that Natera Falsely Advertised its Prospera Transplant Test

Retrieved on: 
Tuesday, July 18, 2023

CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced that the United States District Court for the District of Delaware (the “District Court”) decision upheld and reaffirmed the March 2022 jury verdict finding that Natera (Nasdaq: NTRA) violated the Lanham Act by falsely advertising the scientific performance of its Prospera transplant test.

Key Points: 
  • CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced that the United States District Court for the District of Delaware (the “District Court”) decision upheld and reaffirmed the March 2022 jury verdict finding that Natera (Nasdaq: NTRA) violated the Lanham Act by falsely advertising the scientific performance of its Prospera transplant test.
  • On July 17, 2023, the District Court upheld the jury’s prior decision on all of the nine counts, and where the jury found that Natera made false advertising claims about its Prospera kidney transplant test and false advertising comparisons to CareDx’s AlloSure® Kidney.
  • While the District Court did not uphold the monetary damages awarded by the jury, which CareDx intends to appeal, the District Court reaffirmed that Natera falsely advertised its Prospera test to the transplant community.
  • CareDx is proud to be 100 percent committed to transplant patients and to being a leader in transplant innovation.