A seven-year New Jersey gun-possession sentence gets coverage in the Philadelphia Daily News [via TigerHawk; earlier here and here]
Plus: David Rittgers, Cato at Liberty (urging pardon by Gov. Chris Christie).
Archive for December, 2010
Employers and the newly expanded ADA
In the ADA Amendments Act, signed by then-President George W. Bush in 2008 and taking effect the next year, Congress drastically expanded the scope of disabled-rights law, to cover, for example, persons “regarded as” disabled, as well as other formerly uncovered categories. According to one attorney advisor, employers from here out should basically assume everyone in their workforce is going to qualify as “disabled” if push comes to shove: “Challenging the employee’s ‘disability’ status is a waste of time with the new expanded definition of ‘disability’.” [Robin Shea, Employment and Labor Insider]
“Securities Class Actions Mostly Punish Shareholders, Study Finds”
“A new study in the Financial Analysts Journal casts serious doubt on the premise [of litigation social efficiency], at least when it comes to shareholder class actions. In most cases, the authors found, the litigation mainly serves to punish shareholders who have already suffered from a downturn in their stock. Only suits targeting illegal insider trading, and to a lesser extent, accounting fraud were associated with subsequent higher long-term returns.” [Dan Fisher, Forbes; Rob Bauer and Robin Braun, “Misdeeds Matter: Long-Term Stock Performance after the Filing of Class-Action Lawsuits”] More: Coyote.