A federal appeals court has revived a federal lawsuit accusing Bollinger Shipyards of lying about the strength of eight patrol boats it lengthened for the Coast Guard.
The 5th U.S. Circuit Court of Appeals ruled Tuesday that a district judge was wrong to dismiss the suit against the Lockport shipyard, a subcontractor on a project to lengthen eight patrol boats from 110 to 123 feet.
Lawyers for Bollinger did not immediately respond to a request for comment Wednesday from The Associated Press.The government wants Bollinger to repay $78 million, NOLA.com 'The Times-Picayune reports.
Four of the boats were delivered in 2004. The hull of the first, the Matagorda, began to buckle at sea in September 2004. The Coast Guard accepted the other four after modifications to boost their hull strength, but it wasn't enough, according to the ruling.
The Coast Guard revoked its acceptance of all eight in 2007; the Justice Department sued in 2011.
Tuesday, December 30, 2014
US Supreme Court takes case, but plaintiff missing
When the U.S. Supreme Court agreed to take Bobby Chen's case involving a run-down Baltimore row house razed by the city, it looked past the fact he was too poor to pay the court's filing fee and had no attorney. But now Chen can't be found, something unheard of at the nation's highest court.
The Supreme Court agrees to take less than 1 percent of the roughly 10,000 petitions it receives every year, but it was even rarer for the court to take a case like Chen's. On average, the court takes just 10 petitions a year like his, in which the party making the request is too poor to pay the court's $300 filing fee.
But since the court agreed to take Chen's case in November, he hasn't surfaced. Dec. 22 was Chen's deadline to mail his main legal brief in the case. The court hadn't heard from him as of Tuesday, said Supreme Court spokeswoman Kathy Arberg.
The court's Clerk's Office, which corresponds with parties who have a case before the court, has tried to reach Chen by letter and email. But it's not clear he got the messages, Arberg said. And he didn't list a phone number when he asked the court to take his case. The Associated Press also tried to reach Chen by email, but the message bounced back as undeliverable. Efforts to find a telephone number were also unsuccessful.
The Supreme Court agrees to take less than 1 percent of the roughly 10,000 petitions it receives every year, but it was even rarer for the court to take a case like Chen's. On average, the court takes just 10 petitions a year like his, in which the party making the request is too poor to pay the court's $300 filing fee.
But since the court agreed to take Chen's case in November, he hasn't surfaced. Dec. 22 was Chen's deadline to mail his main legal brief in the case. The court hadn't heard from him as of Tuesday, said Supreme Court spokeswoman Kathy Arberg.
The court's Clerk's Office, which corresponds with parties who have a case before the court, has tried to reach Chen by letter and email. But it's not clear he got the messages, Arberg said. And he didn't list a phone number when he asked the court to take his case. The Associated Press also tried to reach Chen by email, but the message bounced back as undeliverable. Efforts to find a telephone number were also unsuccessful.
Wednesday, September 3, 2014
Court halts ridesharing service Uber in Germany
A court has barred ridesharing service Uber from operating in Germany, the latest shot in the popular app's fight with taxi drivers worldwide.
Frankfurt state court spokesman Arne Hasse said Tuesday the decision that Uber can't offer its services without a specific permit under German transport laws applies nationwide.
The injunction applies pending a full hearing of a suit brought against Uber by Taxi Deutschland, a German cab association that also offers its own taxi-ordering app. The suit is being heard in Frankfurt because it is one of the several German cities in which Uber operates.
San Francisco-based Uber said in a statement it would use "all legal means" to fight the case.
"It's never a good idea to limit people's choices," Uber said. "We believe that innovation and competition is good for everyone — it profits both drivers and passengers."
The ruling comes after Berlin authorities last month barred Uber from operating in the capital because of safety concerns.
The Law Offices of Place and Hanley, LLC
The Law Offices of Place & Hanley, LLC (Securities Arbitration Lawyers Florida) is a nationally recognized securities and commodities arbitration law firm which represents investors nationwide. At Place & Hanley we represent investors in claims against their brokers, broker dealers, investment advisors, financial advisors and insurance companies. Our securities lawyers represent investors who have lost their savings when their brokerage accounts were mishandled. Our attorneys are experienced in providing focused and aggressive representation for investors who have been the victims of financial fraud, negligence and unsuitable investments. Our firm has experience in prosecuting claims against the major Wall Street firms, including Morgan Stanley Smith Barney, Merrill Lynch, Wells Fargo, UBS, Oppenheimer as well as many mid-sized broker dealers.
Our attorneys have recovered millions of dollars for individual investors. Our firm has experience handling group arbitration claims and class action litigation involving securities related matters. We have successfully recovered punitive damages and attorneys’ fees for our clients. The attorneys and staff at the Law Offices of Place & Hanley are committed to representing aggrieved investors who have lost money because of the negligent or willful acts of the clients once trusted financial advisor, broker and brokerage firm.
Our attorneys have represented thousands of clients nationwide who were victims of misrepresentations, commission churning, unsuitable investments, unauthorized transactions, execution failures, excessive mark-ups, disappearing funds, botched transfers, "selling away" from firms, unregistered brokers, unregistered securities, improper margin liquidations, broker bribes, fraudulent research, "boiler room" sales practices and other wrongful acts. Place & Hanley has prosecuted cases involving stocks, bonds, "penny" stocks, "junk" bonds, options, commodities, mutual funds, REIT's, limited partnerships, derivative securities, collateralized debt obligations “CDO”, auction rate securities and other investments.
Attorneys for the firm practice before the Financial Industry Regulatory Authority (FINRA) which was created in 2007 through the consolidation of the National Association of Securities Dealers (NASD) and New York Stock Exchange (NYSE) enforcement and arbitration divisions. The firm also represents clients in state and federal courts to resolve financial disputes between customers, brokerage firms and other financial institutions.
Our firm has been successful not only in recovering our client’s out of pocket losses, but in multiple cases our clients have received punitive damages and reimbursement of their attorneys’ fees. Please visit the verdicts and settlements page for examples of the securities & stockbroker fraud cases we have handled for our clients. Our success is attributable to hard work, client dedication and an in-depth knowledge of the securities industry.
Our attorneys have recovered millions of dollars for individual investors. Our firm has experience handling group arbitration claims and class action litigation involving securities related matters. We have successfully recovered punitive damages and attorneys’ fees for our clients. The attorneys and staff at the Law Offices of Place & Hanley are committed to representing aggrieved investors who have lost money because of the negligent or willful acts of the clients once trusted financial advisor, broker and brokerage firm.
Our attorneys have represented thousands of clients nationwide who were victims of misrepresentations, commission churning, unsuitable investments, unauthorized transactions, execution failures, excessive mark-ups, disappearing funds, botched transfers, "selling away" from firms, unregistered brokers, unregistered securities, improper margin liquidations, broker bribes, fraudulent research, "boiler room" sales practices and other wrongful acts. Place & Hanley has prosecuted cases involving stocks, bonds, "penny" stocks, "junk" bonds, options, commodities, mutual funds, REIT's, limited partnerships, derivative securities, collateralized debt obligations “CDO”, auction rate securities and other investments.
Attorneys for the firm practice before the Financial Industry Regulatory Authority (FINRA) which was created in 2007 through the consolidation of the National Association of Securities Dealers (NASD) and New York Stock Exchange (NYSE) enforcement and arbitration divisions. The firm also represents clients in state and federal courts to resolve financial disputes between customers, brokerage firms and other financial institutions.
Our firm has been successful not only in recovering our client’s out of pocket losses, but in multiple cases our clients have received punitive damages and reimbursement of their attorneys’ fees. Please visit the verdicts and settlements page for examples of the securities & stockbroker fraud cases we have handled for our clients. Our success is attributable to hard work, client dedication and an in-depth knowledge of the securities industry.
Tuesday, August 19, 2014
Colorado high court won't hear pension lawsuit
The Colorado Supreme Court has decided not to hear a lawsuit from state Treasurer Walker Stapleton seeking information about employee benefits in the state's pension system.
The court issued its decision Monday. Stapleton had appealed to the state's highest court after two lower courts ruled against him.
Stapleton, a Republican, has sought non-identifying information about the top 20 percent of the pension's beneficiaries and their annual retirement benefit. He says the information would help him to assess the health of the state pension's program and how to keep it solvent.
The pension board that manages the Public Employees Retirement Association has maintained that the information is confidential.
Wednesday, July 9, 2014
The Salazar Law Firm - Houston Car Accident Lawyers Services
The Salazar Law Firm, PLLC understands the burdens auto accidents and injuries place on an individual. Our goal is to lessen our client's stress and burden by managing the complex relationships with insurance companies, medical facilities, government agencies, and other insurance defense lawyers.
If you've been injured in an accident, don't let your claim get weakened by not taking the right steps. Get medical treatment for your injuries as soon as possible. Insurance companies pay close attention to "laspes in treatment" and whether or not treatment was sought immediately after the accident.
Insurance companies are in the business of making money. If the insurance company is giving you the run-around, contact our houston car accident lawyers at the Salazar Law Firm today.
If you've been injured in an accident, don't let your claim get weakened by not taking the right steps. Get medical treatment for your injuries as soon as possible. Insurance companies pay close attention to "laspes in treatment" and whether or not treatment was sought immediately after the accident.
Insurance companies are in the business of making money. If the insurance company is giving you the run-around, contact our houston car accident lawyers at the Salazar Law Firm today.
Wednesday, June 4, 2014
Place & Hanley - Securities Attorneys Florida Services
The Law Offices of Place & Hanley represents individual and institutional investors in stock broker & securities fraud. Our attorneys have filed claims against major Wall Street institutions and the nation's most prestigious brokerage firms. Most securities disputes are resolved in arbitration before the New York Stock Exchange or the Financial Industry Regulatory Authority.Our firm also represents investors in arbitration and mediation as well as clients in the North Carolina and Florida state courts where they resolve financial disputes among brokerage firms, customers, and other financial institutions. Our Securities Attorneys have experience in all the following cases: stocks, bonds, "penny" stocks, "junk" bonds, commodities, mutual funds and other investments.
The Law Offices of Place & Hanley have been successful in recovering our client's out of pocket losses and our client's have even received punitive damages and the reimbursement of their attorneys' fees in multiple cases.
Hard work, client dedication, and in-depth knowledge of the securities industry are the secrets to our success. At Place & Hanley our primary goal is to represent investors who have had their brokerage accounts mishandled. We would love the opportunity to put our knowledge and skill to work for you. If you're in need of Securities Attorneys in Florida or have any questions related to securities or commodities fraud, contact our office today.
The Law Offices of Place & Hanley have been successful in recovering our client's out of pocket losses and our client's have even received punitive damages and the reimbursement of their attorneys' fees in multiple cases.
Hard work, client dedication, and in-depth knowledge of the securities industry are the secrets to our success. At Place & Hanley our primary goal is to represent investors who have had their brokerage accounts mishandled. We would love the opportunity to put our knowledge and skill to work for you. If you're in need of Securities Attorneys in Florida or have any questions related to securities or commodities fraud, contact our office today.
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