In the Courtroom

RBS to Pay $1.1 Billion in Settlement Agreement, Total NCUA Claims to Exceed $4.3 Billion

The National Credit Union Administration, as liquidating agent (NCUA) and the Royal Bank of Scotland-RBS Securities, Inc. (RBS) have reached a settlement agreement associated with claims arising from the bank’s sale of mortgage-backed securities to two corporate credit unions, the NCUA announced yesterday.

The NCUA brought claims against various banks in 2011, retaining the law firm Korein Tillery and its co-counsel. Lead counsel members at Korein Tillery …

Continue reading RBS to Pay $1.1 Billion in Settlement Agreement, Total NCUA Claims to Exceed $4.3 Billion…

Tags: , , , , ,

Hawaii Councilman Speaks at Syngenta Meeting with Humanitarian Plea to Cease and Desist

In 2013, the county of Kauai in the state of Hawaii did something pretty impressive. The residents banded together and passed legislation regulating the use of pesticides and genetically modified (GMO) crops on their island in what is now referred to as Bill 960. Five giant chemical companies– Syngenta, Monsanto, Dow, BASF and Pioneer/DuPont– were using an estimated 60,000 acres of land throughout Hawaii to test …

Continue reading Hawaii Councilman Speaks at Syngenta Meeting with Humanitarian Plea to Cease and Desist…

Tags: , , , , , , , , , , , , , , ,

Investor-State Dispute Settlements: New Tool to Circumvent the Courts

We’ve discussed forced arbitration issues a lot on our blog. It’s been a favorite topic of late because it is so relevant to today’s legal environment. We’ve explored the ways in which mandatory arbitration violates the rights of average citizens who have been harmed by large corporations. Barred from having their day in a traditional, public court with an unbiased jury determining the outcome of their …

Continue reading Investor-State Dispute Settlements: New Tool to Circumvent the Courts…

Tags: , , , , , , , , ,

H.R. 1927: The Bill that Further Destroys Accountability for Big Business

Let’s be honest. Class action lawsuits get a bad rap, plain and simple. Over the years and increasingly more so in the recent past, journalists and bloggers have written pieces against these types of cases–cases that afford large numbers of people who have been defrauded, injured or harmed to be represented in civil lawsuits against large companies they would not otherwise be able to bring.

Paul Bland, …

Continue reading H.R. 1927: The Bill that Further Destroys Accountability for Big Business…

Tags: , , , , , , , ,

Korein Tillery Celebrating Give STL Day with Corporate Giving to Meds & Food for Kids

At Korein Tillery, corporate giving is a fundamental component of our core values. Since our founding, we have strived to affect our local and international communities as responsible citizens of the world. It is with that in mind that we are proud to announce our involvement with Meds & Food for Kids (MFK), a non-profit organization dedicated to ending hunger and re-building the economic infrastructure in …

Continue reading Korein Tillery Celebrating Give STL Day with Corporate Giving to Meds & Food for Kids…

Tags: , , , , , , , , ,

Deutsche Bank and their Failure to Comply with Basic Trustee Duties

RMBS2-thumb-142x142-45378

Last week, the legal team at Korein Tillery as well as Kellogg, Huber, Hansen, Todd, Evans & Figel and Wollmuth Maher & Deutsch filed a complaint in federal court against Deutsche Bank National Trust Company. The complaint states that Deutsche Bank National Trust Company failed to comply with its basic duties as trustee of 121 trusts that …

Continue reading Deutsche Bank and their Failure to Comply with Basic Trustee Duties…

Tags: , , , , , ,

Poisoning our Kids by Dumping Dangerous Chemicals In the Environment

Poison2In February 2014, researchers from the Harvard School of Public Health and the Icahn School of Medicine at Mount Sinai published a report in the journal Lancet Neurology linking children’s exposure to chemicals to a range of disorders including dyslexia, attention-deficit hyperactivity disorder (ADHD), autism spectrum disorders, and a host of others. The study focused primarily on …

Continue reading Poisoning our Kids by Dumping Dangerous Chemicals In the Environment…

Tags: , , , , , , ,

It’s Time to End Forced Arbitration

ForceArbIn 2002, the Motor Vehicle Franchise Contract Arbitration Fairness Act was signed into law by President Bush. The Act was touted as the biggest win for the National Automobile Dealers Association (NADA) in at least 50 years because it put an end to forced arbitration between the members of NADA and auto manufacturers. The car dealers were …

Continue reading It’s Time to End Forced Arbitration…

Tags: , , , ,

UPDATE: Foreign Currency Exchange Class Action Lawsuit Gains Ground

World-thumb-178x178-34092Last Monday, a group of investors filed a consolidated complaint in a class action that accuses 12 big banks of manipulating the foreign currency exchange market.

As we reported previously, plaintiffs are suing Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, …

Continue reading UPDATE: Foreign Currency Exchange Class Action Lawsuit Gains Ground…

Tags: , , , , , , , , , , , , , , , , , ,

Justices Consider Overturning Landmark Securities Ruling

fraudonthemarketLast week, the Supreme Court heard oral arguments in Halliburton Co. v. Erica P. John Fund, Inc. In the class action suit, Halliburton shareholders allege that the company falsified its financial records and misled investors about its exposure to asbestos claims, among other charges. And once the facts came to light, investors allege, the value of their …

Continue reading Justices Consider Overturning Landmark Securities Ruling…

Tags: , , , , , , , ,