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Xerox Spinoff Reaches $32M Deal In Securities Class Suit

A Xerox spinoff has agreed to pay $32 million to resolve securities class claims alleging it misled shareholders about the company's progress in making information technology upgrades related to its electronic toll collection business, investors told a New Jersey federal court Friday in seeking preliminary approval of the deal.

New-jersey , United-states , Bill-wichert ,

Ex-NJ Workers' Comp Judge's Suit Poised For Appeals Court

A New Jersey state judge indicated Friday that a former workers' compensation judge could not pursue a lawsuit in the state's Law Division over her firing, suggesting the matter belonged in the Appellate Division since Gov. Phil Murphy made the ultimate call to remove her from the bench over misconduct charges.

Phil-murphy , Law-division , Appellate-division , Bill-wichert , New-jersey ,

NJ Bar's 'Quota System' Of Reserved Seats Deemed Unlawful

A New Jersey state judge declared Wednesday that the New Jersey State Bar Association is running an unlawful "quota system" by setting aside seats on its board of trustees and two committees for members of certain underrepresented groups, handing a victory to a lawyer who sued over the practice.

Jersey , Jersey-state-bar-association , Bill-wichert , New-jersey , New-jersey-state-bar-association ,

Menendez Probe To Face Pressure After Last Case Fell Short

The failed corruption case against U.S. Sen. Bob Menendez several years ago will cast a shadow over an apparently new investigation into the senator as the government comes under pressure to build a potentially airtight case, former prosecutors said.

Bob-menendez , Bill-wichert ,

Law Firm Must Face Malpractice Suit Over NJ Land Appraisal

A New Jersey state judge on Friday nixed an attempt by an attorney and her boutique law firm to escape a malpractice action alleging she overbilled a pair of sibling clients and botched the defense against their brother's suit over the potential development of a parcel of land and its appraised value.

Bill-wichert , New-jersey ,

NJ Health System Loses Verdict To Recoup $15M Deal Fee

A New Jersey federal jury determined Friday that Cooper Health System could not recoup a $15 million deposit it paid before terminating its proposed acquisition of two hospitals from a Trinity Health subsidiary because it had failed to notify that entity about alleged problems with the deal.

Cooper-health-system , Trinity-health , Bill-wichert , New-jersey ,

Princeton Wants To Ax Bias Suit Over COVID Policies

Princeton University said Tuesday that it properly fired a budget analyst for not complying with COVID-19 safety measures, telling a New Jersey federal court that she didn't back up her claims that the Ivy League school discriminated and retaliated against her due to her religion.

New-jersey , United-states , Princeton-university , Ivy-league , Bill-wichert ,

Silence Dooms Rise In Post-Judgment Interest, 3rd Circ. Says

A split Third Circuit panel said Thursday that a New Jersey federal court properly tallied post-judgment interest in a dispute between a bank and a residential mortgage lender at the federal statutory rate since a consent judgment did not reflect a previously agreed-upon higher rate.

New-jersey , United-states , Bill-wichert , Third-circuit ,

Locke Lord Accused Of Malpractice Over Oil Project Deal

An oil business has dragged Locke Lord LLP and a former firm attorney into New Jersey state court with a lawsuit alleging they took part in losing the company's $2.5 million escrow payment for a construction project financing deal after a Pennsylvania state court tossed similar claims.

Pennsylvania , United-states , New-jersey , Christopherg-hayes , Jeffryl-hardin , Locke-lord , Dakota-oil-processing , Bill-wichert ,

NJ Justices Toss Punitive Claims Over FDA Device Warning

The New Jersey Supreme Court on Thursday threw out punitive damages claims against Valley Health System and others for using a power morcellator during a patient's hysterectomy after the U.S. Food and Drug Administration warned about such devices, citing the "purely advisory nature" of the agency's communication.

Viviana-ruscitto , Valley-health-system , Jersey-supreme-court-on , Drug-administration , Bill-wichert , New-jersey-supreme-court ,