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W.Va. lawyer nominated to federal appeals court
Attorney News |
2011/09/09 08:51
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President Barack Obama has nominated Hamlin native Stephanie Dawn Thacker as a judge on the 4th U.S. Circuit Court of Appeals.
Thacker has been a partner in the Charleston law firm of Guthrie & Thomas since 2006.
Before that she spent seven years with the U.S. Department of Justice. Her work as a trial attorney there focused on prosecution and training in connection with child pornography and sexual exploitation, sex trafficking, obscenity and other offenses.
She also served as an assistant federal prosecutor and worked for the state attorney general's office.
The U.S. Senate must now consider Thacker's nomination to the Richmond, Va.-based court. The seat became vacant after the March death of Judge Blane Michael.
The 15-member court covers North Carolina, South Carolina, Maryland, Virginia and West Virginia.
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Court: Samsung can't sell tablet in Germany
Headline Legal News |
2011/09/09 06:51
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A German court rules that Samsung Electronics's Galaxy Tab cannot be sold in Germany because it violated patents of rival Apple's iPad2.
A Duesseldorf state court said Friday it would not allow Samsung, based in Seoul, South Korea, to market its Galaxy Tab 10.1 in Germany because it too closely resembles the iPad2.
Already in August, the court had ruled in favor of Apple, based in Cupertino, California, forcing Samsung to withdraw its tablet from the market.
Samsung challenged the ban. The companies are involved in a series of legal disputes in countries around the world over allegations that each copies the other's technology.
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Google buys Zagat in local push; vies with Yelp
Topics in Legal News |
2011/09/08 09:21
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Google Inc has bought Zagat, the popular restaurant recommendations and ratings authority, to expand its local content in the niche marketplace that includes Yelp and Yahoo Inc.
Google said the 32-year-old Zagat, which polls consumers and compiles reviews on restaurants around the world, will become a cornerstone of its "local offering" and work in tandem with its mapping services and core search engine.
Founded by Tim and Nina Zagat, their eponymous service provides pocket-sized guides to restaurants in more than 100 cities. It may be one of the earliest forms of user-generated content, Google Vice President Marissa Mayer said in a blogpost on Thursday.
"We are thrilled to see our baby placed in such good hands and to start today as official 'Googlers,'" the founders said in a joint statement.
Zagat will go up against competing services popular with users on the Internet, including Yelp.
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Stocks rise ahead of Bernanke, Obama speeches
Stock Market News |
2011/09/08 09:20
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Stocks are gaining steam ahead of speeches on the economy by Federal Reserve Chairman Ben Bernanke and President Barack Obama.
Bernanke will detail his outlook for the economy Thursday afternoon. Obama will lay out his jobs plan at a joint session of Congress tonight.
Stocks drifted between gains and losses in early trading after mixed signs on the economy. New applications for unemployment benefits rose last week. At the same time, U.S. exports rose to an all-time high. That could be a sign the economy is growing.
At 11:45 a.m., the Dow Jones industrial average was up 37 points, or 0.3 percent, to 11,453. The S&P 500 rose 3, or 0.3 percent, to 1,201. The Nasdaq gained 13, or 0.5 percent, to 2,562.
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Wal-Mart Uses Class Action Against Netflix
Court News |
2011/09/08 09:20
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Wal-Mart is using its failed class action lawsuit with Netflix to attract new users to its video streaming service, Vudu.
A federal court in California agreed late last week to allow Wal-Mart to pay $27.5 million to 40 million Netflix subscribers. The kicker? They can make the payment in the form of gift cards for Walmart.com. As a result, this also gives Wal-Mart access to Netflix's customer database.
The class action suit came in response to a dinner meeting in 2005, where the CEOs of Netflix and Wal-Mart allegedly agreed to share the DVD market. According to consumer advocates, under the pact, Wal-Mart agreed not to rent DVDs if Netflix promised not to sell them. Class action suits were filed against both companies in 2009, claiming that this agreement violated antitrust laws.
While Wal-Mart decided to settle the case, Netflix is still fighting the allegations, claiming the suit "has no merit."
Wal-Mart's settlement, which still has to be finalized in February 2012, comes as the discount giant is in the process of aggressively promoting its Vudu service, which it acquired in February 2010. At the same time, Netflix is in dire need of an image cleanup, following several unfriendly consumer moves, including a recent price hike and the falling out of its Liberty Starz deal.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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