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Tag Archives: U.S. District Court – Eastern District

Company’s Contract Hopes Were ‘Puffery’ (access required)

Institutional investors in Neustar stock have failed to state securities fraud claims based on Neustar’s statements in press releases and in an investor conference call about Neustar’s chances of winning renewal of a lucrative government contract for a central data ...

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Spoliation Sanctions Urged in Chair Defect Case (access required)

Starbucks, which claims plaintiff distributor sold it defective “Carlo” design chairs for its California stores, was on notice to preserve allegedly defective chairs in October 2013, after customer complaints of chair failures prompted Starbucks to remove the chairs, and the ...

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Securities Case Stayed for MDL Action (access required)

In this suit alleging misrepresentations in offerings of mortgage-backed securities (MBSs) or residential mortgage-backed securities (RMBSs) by defendant Countrywide Securities Corporation, the Richmond U.S. District Court grants defendant’s motion to stay pending possible action by the Judicial Panel on Multidistrict ...

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