Search Results for ‘coakley’

Massachusetts class-action bonanza

The Boston Globe reports that plaintiff’s securities law firms have become cash cows for Massachusetts Attorney General Martha Coakley and Treasurer Timothy Cahill, who oversee the pension funds that strike representation deals with the lawyers. “Spokeswomen for Cahill and Coakley said the contributions played no part in the selection of the law firms, which were chosen in a competitive process five years ago.”

Richard Blumenthal vs. Craigslist

The “grandstanding” Connecticut attorney general, notes Mike Masnick at TechDirt, is now publicly decrying Craigslist for turning a profit from sex ads. Why is it turning a profit? Well, the ads used to be free, but Craigslist started charging fees after Blumenthal himself (with fellow AGs) demanded that it do so, the idea being that a credit card trail would scare off some illegal users and make it easier for police to crack down on others.

Blumenthal, a longstanding bete noire of this site, is now running for the U.S. Senate seat held by the departing Chris Dodd. More: New York Times on his Senate bid (rough start, “Martha Coakley in pants”).

January 20 roundup

  • Renewed attention to Amirault case contributed to Coakley’s political nosedive [e.g., Jacob Weisberg of Slate via Kaus, earlier] First time a Massachusetts prosecutor has paid a political price over that episode?
  • Many, many Democratic elected officials call for rethinking/renegotiating Obamacare rather than trying to force it through [e.g. Barney Frank] Blue Mass blogger: talk radio fueled ire at Coakley, let’s have FCC shut it down [Graham]
  • “Big Brother and the Salt Shaker” [NY Times “Room for Debate”, Food Liability Law, earlier on NYC initiative and more] NYU’s Marion Nestle “loves” being called a nanny statist, so we’ll just go right on calling her that [Crispy on the Outside]
  • Terror suspects win right to seek compensation from UK government over restrictions on their activities [Canadian Press]
  • “Men Without Hats. Meaning no hard hats. Meaning The Safety Dance never met OSHA requirements. No wonder it was shut down.” [Tim Siedell a/k/a Bad Banana]
  • Italian judge orders father to go on paying $550/month living allowance to his student daughter, who is 32 [Guardian/SMH, earlier on laws mandating support of adult children]
  • Two informants vie for potential bonanza of whistleblower status against Johnson & Johnson [Frankel, AmLaw Litigation Daily]
  • “Polling Firm Says John Edwards Is Its Most Unpopular Person Ever” [Lowering the Bar]

January 18 roundup

AGs: Don’t count sale as class-action remedy

Retailer TJX (Marshall’s, Bob’s, TJ Maxx, etc.), facing lawsuits following its exposure of more than 45 million customer records in a gigantic credit-card security breach, has agreed with class-action lawyers to a settlement that includes, among other concessions, the holding of “Customer Appreciation” sale events at its stores. Ten state attorneys general have now objected to the deal, pointing out that store sale events can and routinely do work to the benefit of the retailer and not just the buyer. Massachusetts AG Martha Coakley’s “objection was not so much with the sale itself, but with having it included as a part of the official settlement. The difference? If it’s in the official settlement, it increases how much money the consumer lawyers involved in the case get for their fee.” (Evan Schuman, “Massachusetts AG Slams TJX Consumer Settlement Sale”, EWeek, Nov. 19; Mark Jewell, “Coakley not excited about TJX’s plan for repayment”, AP/Worcester Telegram, Nov. 21; John O’Brien, “Ten AGs don’t want class action attorneys fees boosted by sale”, LegalNewsLine, Nov. 20; Keith Regan, “TJX to Shell Out $41M in Data Breach Settlement”, E-Commerce Times, Nov. 30).