News

Supreme Court To Reconsider Theory Underlying Modern Securities Class Actions

By EsqSocial Corporation 06/01/14

Last month, the Supreme Court agreed to reconsider the “fraud-on-the-market” presumption, an underpinning of class-action securities litigation for the last 25 years. The Court’s decision to grant certiorari in Halliburton Co. et al v. Erica P. John...

West Virginia Court Dismisses Lawsuits Challenging Life Insurers’ Unclaimed Death Benefits Practices

By EsqSocial Corporation 06/01/14

On December 27, 2013, a West Virginia court dismissed 63 separate lawsuits brought by the Treasurer of the State of West Virginia ("Treasurer") against life insurance companies doing business in West Virginia. The court upheld longstanding industry...

CFPB Issues Report To Congress

By EsqSocial Corporation 06/01/14

The CFPB has issued a report pursuant to Section 1017(e)(4) of the Dodd-Frank Act to the Committees on Appropriations of the United States Senate and House of Representatives. The report covers the time period from August 1, 2012 through September...

How Do I Find Out Whether A Product Is Dangerous?

By EsqSocial Corporation 06/01/14

When you spend your hard-earned money on a product, you are hoping it works as promised, stands up to its expected use and generally provides you with some kind of convenience or enjoyment. You are probably not thinking about whether buying it would...

U.P. Power Crisis

By EsqSocial Corporation 06/01/14

In November 2013 Michigan Gov. Rick Snyder announced with great fanfare that the coal-fired Presque Isle Power Plant in the Upper Peninsula was going to be refurbished. We Energies and Wolverine Power Cooperative had just announced the two companies...

Trade & Manufacturing Alert - January 2014

By EsqSocial Corporation 06/01/14

In This Issue: - The Sanctions Divide: The White House Pushes to Ease Trade Restrictions on Iran While Congress Contemplates a New Round of Sanctions Legislation - Energy Industry Helps U.S. Set Exports Record - China Challenges Numerous...

Silicon Boricua – What if Silicon Valley Moved to Puerto Rico?

By EsqSocial Corporation 06/01/14

Overview - I have been writing over the last year on the benefits of Puerto Rican (PR”) residency. The tax benefits of Puerto Rican residency gained some attention and notoriety when hedge fund billionaire John Paulsen went to Puerto Rico to “kick...

Debunking Myths: Tort Reform

By EsqSocial Corporation 06/01/14

Many industries have perpetuated the notion that lawsuits are out of control and responsible for many of America’s ills. Unfortunately, public policy decisions and personal decisions are often made based on these myths......

Changes Ahead for Laboratories Doing Business in Pennsylvania

By EsqSocial Corporation 06/01/14

New legislation enacted last month will change the way many laboratories do business in Pennsylvania. Senate Bill 1042 (SB 1042), which amends Pennsylvania’s Clinical Laboratory Act (the Act), now prohibits several practices that are common across...

FDA Proposes Food Defense Rule to Protect Against Intentional Adulteration

By EsqSocial Corporation 06/01/14

New mandate would apply to major U.S. and international food processors and handlers. On December 24, the U.S. Food and Drug Administration (FDA or the Agency) issued a proposed rule, Focused Mitigation Strategies to Protect Food Against...

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