Word: lawsuits
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Dates: during 2000-2009
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...Mozilo may have led Countrywide over the subprime cliff, but he also constructed a formidable mortgage machine - 1,000 offices in 49 states responsible for 9 million loans worth about $1.5 trillion. Lewis had to figure out whether acquiring it would be worth the legal heartburn, including a shareholders' lawsuit accusing Countrywide's board of improperly helping company executives buy stock. (The Securities and Exchange Commission is investigating Mozilo's trading activity in Countrywide stock.) In California, some borrowers allege that Countrywide lenders steered them into subprime loans even though they could have qualified for better terms. And the city...
...dramatic challenge to the constitutionality of the VA's claims system. Judge Samuel Conti of the Northern District of California ruled that the administrative system is not "adequate" for reviewing claims of organizations suing on behalf of a broad class of veterans (the class-action lawsuit was filed in July by two veterans organizations). Nor is that bureaucratic process empowered to grant the kind of relief sought by the veterans groups: systemic changes in the VA's processing of disability claims, strengthened rights of individual veterans to press their claims and immediate medical and psychological help for returning troops complaining...
...committed crimes—that a conventional police department would not. But the fact remains that any consideration for these other roles and their sensitivity is vastly outweighed by the need for public oversight over HUPD’s potent police powers. Though The Crimson’s 2003 lawsuit was ultimately defeated in the Commonwealth’s highest court, the door was left open for the Legislature to modify state law so that all campus police departments in Massachusetts would have to comply with existing freedom of information standards. Thus far, the Legislature has largely remained stalemated...
...think if you look at how Think Secret defended the lawsuit when it was filed,” Ciarelli said, “that reflects very positively on the ability of online journalists to assert their First Amendment rights...
...despite the lawsuit, when asked whether he still likes Apple products, Ciarelli responded, “Absolutely. I’m calling from my iPhone right...