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Case activity for Trustees of Teamsters Union Local No. 115 Health & Welfare Fund vs First Transit Inc. on May 28

The U.S. District Court for the Eastern District of Pennsylvania reported the following activities in the suit brought by Trustees of Teamsters Union Local No. 115 Health & Welfare Fund and Trustees of Teamsters Union Local No. 115 Legal Fund against First Transit Inc. on May 28. ....

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U.S. District Court for the Eastern District of Pennsylvania: Actions Taken on April 27

Marissa Postiglione and
Sandy Demuro: Complaint Against D narpo Electric, Llc, Domenic Demuro, Sandy Demuro, Justin Postiglione, Marissa Postiglione ( Filing Fee $ 402 Receipt Number 0313-15081290.), Filed By International Brotherhood Of Electrical Workers Local Union No. 98 Profit Sharing Plan, International Brotherhood Of Electrical Workers Local Union No. 98 Pension Plan, International Brotherhood Of Electrical Workers Local Union No. 98 Health & Welfare Fund, International Brotherhood Of Electrical Workers Local Union No. 98 Joint Apprenticeship And Training Plan, Labor Management Cooperative Committee, Local Union 98 Of The International Brotherhood Of Electrical Workers. (attachments: # 1 Civil Cover Sheet, # 2 Designation Form, # 3 Exhibit A, # 4 Exhibit B, # 5 Exhibit C, # 6 Exhibit D, # 7 Exhibit E, # 8 Exhibit F, # 9 Exhibit G, # 10 Exhibit H, # 11 Exhibit I)(sweeney, Ryan) Modified On 4/27/2021 (tjd). ....

New York , United States , Evelyn Scott Davis , Rebecca Lafond , Constancea Thompson , Calvinj Thompson , Domenic Demuro , Sandy Demuro , Justin Postiglione , Diane Cappo , Google Re , Susan Littlejohn , Thomas Cappo , Marissa Postiglione , Health Welfare Fund , Merck Co , Us District Court , Electrical Workers Local Union No , Dnarpo Electric , Wollard International , Labor Management Cooperative Committee , Hertz Global Holdings Inc , Merck Sharp Dohme Corp , Hertz Equipment Rental Corp , Hertz Vehicles , International Brotherhood ,

Securities Litigation Update: Southern District Of New York Dismisses Putative Securities Class Action Alleging Sale Of Unregistered Cryptocurrency, But Risk Remains For Crypto-Issuers And Exchanges - Technology

Securities Litigation Update: Southern District Of New York Dismisses Putative Securities Class Action Alleging Sale Of Unregistered Cryptocurrency, But Risk Remains For Crypto-Issuers And Exchanges - Technology
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SDNY Dismisses Putative Securities Class Action Alleging Sale of Unregistered Cryptocurrency

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Securities Litigation Update: Southern District of New York Dismisses Putative Securities Class Action Alleging Sale of Unregistered Cryptocurrency, But Risk Remains for Crypto-Issuers and Exchanges
Friday, April 23, 2021
In re Bibox Group Holdings Ltd. Securities Litigation,
1 Judge Denise Cote of the U.S. District Court for the Southern District of New York dismissed a putative class action alleging registration violations under securities laws against a cryptocurrency issuer and exchange, holding that the plaintiff lacked standing to assert class claims based on crypto-assets he did not purchase and did not timely file suit. While a win for the defendants, the decision serves as a reminder that the securities laws apply in full force to cryptocurrencies that qualify as securities, and the failure to register cryptocurrencies, as with any other security, may expose crypto-issuers and exchanges to class action claims. ....

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