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Business Law

No Securities Fraud Claims Against Online Company (access required)

An Alexandria U.S. District Court dismisses this securities fraud class action filed by a firefighters’ pension fund against defendant K12 Inc., a provider of online classroom services, whose stock price declined by nearly 40 percent on Oct. 9, 2013, following ...

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Company Suit Waived Forum-Selection Clause (access required)

A Norfolk U.S. District Court will hear a declaratory judgment action filed by plaintiff Kettler International against Starbucks Corporation, which alleges defects in Kettler’s “Carlo” patio chairs Starbucks bought for its Arizona and California stores, which caused injury to a ...

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Company Claims Research Contract Fraud (access required)

In this dispute over a company’s contract with a university research fund, the contractor states a counterclaim for fraud with allegations that plaintiff university misrepresented whether its process for converting vegetable oils into biodiesel was ready for commercialization, but the ...

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Court Sees ‘Judicial Admission’ in Pleadings, Brief (access required)

In a contract for plaintiff VIA design firm to perform architectural services for development of a historical building in downtown Norfolk, defendant U.S. Development Company cannot now deny it was a party to the contract; the Norfolk U.S. District Court ...

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Arbitrator Can Decide ‘Arbitrability’ (access required)

In plaintiff’s suit seeking to terminate its requirements contract with defendant Ethyl Corporation for a lead-based fuel additive, the Richmond U.S. District Court says the contract’s arbitration clause commits questions of arbitrability to the arbitrator, and the court dismisses plaintiff’s ...

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