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Artists sue auction houses over royalties law
Topics in Legal News | 2011/10/21 09:34
Famed New York painter Chuck Close and other artists are suing Sotheby's, Christie's and eBay, contending the auctioneers willfully violated a California law requiring royalty payments on sales of their works.

The three federal suits filed Tuesday seek class-action status to represent many other artists and demand unspecified royalties and damages — which could total hundreds of thousands of dollars given current art prices.

The suits were filed on behalf of Close — best known for his enormous photorealistic paintings — along with Los Angeles artist Laddie John Dill, and the estate of late sculptor Robert Graham. Graham's works include the ceremonial gate for the Los Angeles Memorial Coliseum that was commissioned for the 1984 Olympics and features nude statues modeled on some of the athletes.

A foundation of late California painter Sam Francis also is named as a plaintiff in the suits against Christie's and eBay Inc.


Chopper that crashed in NYC had just been in shop
Topics in Legal News | 2011/10/12 03:04

A helicopter that crashed in New York City's East River with five people onboard had been in the shop just two days before the fatal flight, accident investigators said in a report released Wednesday.

Mechanics had just wrapped up their annual inspection of the Bell 206 helicopter on Oct. 2, the National Transportation Safety Board said in the preliminary report.

During an annual inspection mechanics take much of an aircraft apart and put it together again. The work can take several weeks.

Pilot Paul Dudley told the NTSB he had just taken off from the East 34th Street Heliport and was 30 to 50 feet above the river when the nose of the helicopter swung unexpectedly to the left.

When he tried to turn right to return to the heliport, the aircraft went out of control, Dudley told investigators.

Three-fourths of one main rotor blade broke off when the helicopter hit the water, the report said.

Investigators had previously said they were unsure if the blade broke before or after the impact. They have not found the missing piece, according to the report.



Kentucky man sues Facebook over tracking cookie
Topics in Legal News | 2011/10/11 09:38
A Facebook user in western Kentucky has filed a federal lawsuit against the social networking giant, accusing it of violating wiretap laws with a tracking cookie recording web browsing history after logging off of Facebook.

The plaintiff, David Hoffman of Paducah, is asking a judge to grant class-action status to represent the roughly 150 million
Facebook users in the United States. Hoffman's lawsuit seeks a preliminary and temporary injunction restraining Facebook from intercepting electronic information when they are not logged in and from disclosing any of the information already acquired.

It also seeks damages of $100 per day for each of the class members or $10,000 per violation. The Kentucky lawsuit, filed Friday in U.S. District Court, is similar to cases filed in recent weeks in California, Kansas and Louisiana.


Court refuses to hear Maryland gun case
Topics in Legal News | 2011/10/03 11:27
The Supreme Court won't hear a Maryland man's argument that the Second Amendment allows him to carry a gun outside of his home for self-defense.

The high court on Monday refused to hear an appeal from Charles F. Williams Jr., who was arrested in 2007 for having his legally-purchased handgun outside his home without a state permit.

The high court has ruled there is a right to keep a gun in the home for protection. But gun advocates say people also have the constitutional right to carry their guns outside the house for self-protection.

Maryland courts say if the Supreme Court agrees with that theory "it will need to say so more plainly." The high court refused the opportunity on Monday.



Obama sells jobs plan in Silicon Valley
Topics in Legal News | 2011/09/26 04:43
President Barack Obama is on the road selling his jobs plan — and his re-election hopes — to plugged-in networkers in Silicon Valley and around the country.

He was to appear Monday at a town hall-style event hosted by the career-focused social networking site LinkedIn to pitch his nearly $450 billion jobs proposal as he travels through California scooping up campaign cash.

The town hall, the White House's latest attempt to meld old-school campaigning with new media capabilities, will allow Obama to take questions from LinkedIn users online as well as a live audience at the Computer History Museum near the company's headquarters in Mountain View, Calif.

It comes midway through a three-day West Coast swing that includes seven fundraisers. Obama is racing to collect cash ahead of an important Friday quarterly fundraising deadline that will provide a snapshot of the president's strength against the gelling GOP field.

Obama has been using the events to try out his newly aggressive tone with supporters who have been disappointed with the president's compromises with the GOP. The president is mixing frontal attacks on Republicans with words of encouragement intended to buck up the faithful as the 2012 campaign revs up.


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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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