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Supreme Court Clarifies Basic Presumption Burden and Holds Courts Should Consider All Price Impact Evidence | Skadden, Arps, Slate, Meagher & Flom LLP

On June 21, 2021, the U.S. Supreme Court held in
Goldman Sachs Group Inc. v. Arkansas Teacher Retirement System, No. 20-222 (2021), that courts may consider at the class certification stage the generic nature of alleged misrepresentations as evidence of the lack of price impact in determining whether a defendant has rebutted the presumption of classwide reliance recognized in
Basic Inc. v. Levinson, even though this may entail overlap with the merits question of materiality. The Court further held that defendants seeking to rebut the
Basic presumption bear not only the burden of production, but also the ultimate burden of persuasion to prove lack of price impact by a preponderance of the evidence. ....

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A decade ago he went to prison for bullying customers. Is he back at it?

A decade ago he went to prison for bullying customers. Is he back at it?
3 May, 2021 03:34 AM
11 minutes to read
Outraged customers of sound like the victims of a man who already spent years in prison for terrorising consumers. Photo / Getty Images
Outraged customers of sound like the victims of a man who already spent years in prison for terrorising consumers. Photo / Getty Images
New York Times
By: David Segal
Outraged customers of Eyeglassesdepot sound like the victims of a man who s already spent years in prison for terrorising consumers.
The worst online shopping experience of Samin Beringer s life started with a Google search last ....

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A decade ago he went to prison for bullying customers. Is he back at it?

A decade ago he went to prison for bullying customers. Is he back at it?
David Segal, New York Times
May 1, 2021
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FILE Members of the United States Postal Inspection Service escort Vitaly Borker from his home after serving a warrant for his arrest in New York, on Dec. 6, 2010. Outraged customers of Eyeglassesdepot.com sound like the victims of a man who’s already spent years in prison for terrorizing consumers. (Robert Stolarik/The New York Times)ROBERT STOLARIK/NYT
The worst online shopping experience of Samin Beringer’s life started with a Google search last fall for a pair of Chanel sunglasses. One of her top results was a site called Eyeglassesdepot, which promised to beat the price of any competitor. On Nov. 2, she placed an order with the company for $322. ....

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Oil companies defeat New York City appeal over global warming

Oil companies defeat New York City appeal over global warming
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

New York , United States , John Keenan , Hewitt Pate , Nick Paolucci , Richard Sullivan , Robert Percival , Thomson Reuters Trust Principles , Bp Plc , Exxon Mobil Corp , Us Circuit Court , University Of Maryland , Royal Dutch Shell Plc Rdsa , Chevron Corp , City Of New Yorkv Chevron Corp , New York City , Royal Dutch Shell Plc , Clean Air , Judge Richard Sullivan , Clean Air Act , General Counsel Hewitt Pate , Judge John Keenan , Thomson Reuters Trust , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஜான் கீநெந் ,

Ghislaine Maxwell Brings Bail Fight to Second Circuit

The appeals panel appeared likely to order an independent psychiatric review, at Maxwell’s expense, to assess whether she is at risk of suicide.
A U.S. attorney points to a photo of Jeffrey Epstein and Ghislaine Maxwell during a news conference in New York on July 2, 2020. (AP Photo/John Minchillo, File)
MANHATTAN (CN) Citing invasive nightly suicide risk checkups at Brooklyn’s Metropolitan Detention Center, Ghislaine Maxwell’s lawyers urged a panel of appeals judges on Monday to release her on bail ahead of her upcoming sex trafficking trial.
The 59-year-old Briton faces eight criminal counts in the Southern District of New York, including allegations that she groomed teenage victims as young as 14 years old for abuse by her close friend, financier Jeffrey Epstein. Her attorneys say she is being mishandled on account of Epstein’s 2019 jailhouse suicide. ....

United States , Sunset Park , New York , United Kingdom , David Oscar Markus , John Minchillo , Donald Trump , Pierre Leval , Jeffrey Epstein , Hannibal Lecter , Laura Pomerantz , Ghislaine Maxwell , Richard Sullivan , Alison Nathan , Raymond Lohier , Brooklyn Metropolitan Detention Center , Bureau Of Prisons , Epstein Associate , Metropolitan Detention Center , Southern District , Judge Alison Nathan , Second Circuit , Judge Richard Sullivan , Judge Pierre Leval , Judge Level , Judges Leval ,