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Supreme Court says Manchester property tax data private
Topics in Legal News | 2011/12/24 16:29
The Vermont Supreme Court says information used by towns to calculate adjustments to residents' property taxes should remain private.

In an entry order published Friday, the court reversed a Bennington County Superior Court ruling that said the town of Manchester should provide the tax information to someone who requested it.

The issue involves the amount Vermont property tax payers may have deducted from their bills based on their income, school property tax burden and if they to use a portion of their tax refund to reduce property taxes.

The state Department of Taxes calculates that amount and sends it to towns to reduce a property owner's taxes.

The Supreme Court says the law governing the deductions is covered by the state's privacy laws. Property tax bills are, however, public.

The court decision is posted on the town website, http://www.manchester-vt.gov/



Pomerantz Law Firm Has Filed a Class Action
Topics in Legal News | 2011/12/19 11:26
Shareholders of Pain Therapeutics, Inc. are reminded of the securities class action lawsuit filed against Pain Therapeutics and certain of its officers. The class action (1-11-CV-1034), filed in the United States District Court, Western District of Texas, is on behalf of a class consisting of all persons or entities who purchased PTIE securities during the period from February 3, 2011 through June 23, 2011 (the "Class Period"). This class action is brought under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. Sections 78j(b) and 78t(a); and SEC Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. Section 240.10b-5.

If you are a shareholder who purchased PTIE securities during the Class Period, you have until January 31, 2012 to ask the Court to appoint you as lead plaintiff for the class. A copy of the complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Rachelle R. Boyle at rrboyle@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, x350. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.

The Complaint alleges that, during the Class Period, PTIE made false and/or misleading statements and/or failed to disclose material facts about a new drug, REMOXY. Specifically, PTIE failed to disclose that REMOXY was not approvable by the U.S. Food and Drug Administration due to chemistry, manufacturing, and control deficiencies that caused inconsistent results during laboratory tests.


German court: killer of US airmen mentally fit
Topics in Legal News | 2011/12/18 11:25
A psychologist says an alleged Islamic extremist who has admitted killing two U.S. airmen at the Frankfurt airport earlier this year is mentally fit and can be held criminally responsible for his actions.

Psychologist Norbert Leygraf testified Monday to a Frankfurt state court that 21-year-old Arid Uka, an ethnic Albanian from Kosovo, suffered from no mental illnesses at the time of the March killing and remained in fine mental health, the dapd news agency reported.

Uka faces a possible life sentence if convicted of two counts of murder and three counts of attempted murder.

Uka has confessed to the killings, saying he was trying to stop U.S. servicemen from going to Afghanistan. Under German law the court still has to review all the evidence.



Mass. court OKs release of Bishop inquest report
Topics in Legal News | 2011/12/13 10:45
The highest court in Massachusetts has sided with The Boston Globe in a battle to release a report and transcript of an inquest into the 1986 shooting death of the brother of an Alabama professor accused of killing three colleagues in a 2010 shooting rampage.

The Supreme Judicial Court ruled Tuesday that the inquest materials can be released, but said Amy Bishop, her family, prosecutors and others can still argue to show "good cause" why the materials should remain sealed.

After Bishop was charged in Alabama, a Massachusetts judge conducted an inquest into her brother's death. A grand jury later indicted Bishop for murder.

The high court outlined new rules for the release of inquest materials, saying they should become public after prosecutors decide whether to bring criminal charges.



Lower bond for lawman in Colo. meth-for-sex case
Topics in Legal News | 2011/12/05 10:21
A former Colorado lawman once hailed as a hero for a daring rescue of two of his deputies and known for his crusade against youth drug use had his bond reduced Monday on drug charges from $500,000 to $50,000.

Prosecutors have charged Patrick Sullivan, 68, with felony distribution and possession of meth as well as a misdemeanor charge of soliciting prostitution.

Authorities said he offered methamphetamine to a man in exchange for sex in a sting set up last week by a drug task force.

His hearing Monday in Arapahoe County Court was a procedural one in which prosecutors advised a judge what charges they have filed. Citing Sullivan's clean criminal record, the judge lowered Sullivan's bond.

He has been in an isolation cell at the Patrick J. Sullivan Jr. Detention Facility, a suburban Denver jail named in his honor. Standard procedure for current or former law enforcement officials is that they be kept from the general inmate population for their safety.

Sullivan also is charged with attempting to influence a public servant following a Sept. 20 report of an "old man" inside a home that the caller said he wanted to leave.


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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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