Secrets on Fracking May Be Revealed Under New Disclosure Law of Texas
2/27/2012 Jane Lynn, a resident of Arlington in Texas, is worried about what is in the air that she is breathing the moment she steps out her front door. This is due to the presence of a natural gas drill site operating a mere 1500 feet away from her home. Lynn said, “I think […]
State Legislators Drop California Pollution Bill
2/27/2012 State legislators, under extreme pressure from architect, construction and many other industry groups, killed a bill which would have closed the loophole often used by businesses to escape from pollution lawsuits. AB 1207 was sponsored by Assemblyman Warren Furutani, a Democrat from Long Beach. The bill came into being because of a lawsuit […]
Securities Arbitration Claims against UBS Financial Services Pursued By Klaman & Toskes
2/25/2012 Klayman & Toskes, a Securities Arbitration law firm, today announced that it will continue to pursue securities arbitrations claims against UBS Financial Services with the Office of Dispute Resolution of the Financial Industry Regulatory Authority, or FINRA, on behalf investors who suffered losses in Lehman Brothers 100% Principal Protection Notes. These Notes have […]
Internet Gaming Being Pondered Over By Senate Committee on Indian Affairs
2/25/2012 In the wake of the DOJ opinion regarding Internet gaming, the Senate Committee on Indian Affairs has conducted a hearing Thursday, deliberating on how the tribes would be impacted by the looming Internet gaming industry. The issue was given a serious boost by the Department of Justice when it released a legal opinion […]
Ohio Attorney General Mike DeWine Says State Fracking Regulations are ‘Not Adequate’
2/24/2012 The top law enforcer of the state of Ohio says that stricter environmental penalties on polluters in the oil and gas industry and necessary disclosure of the chemicals that are used in the drilling method referred to as fracking are needed to sufficiently protect residents as shale exploration flourishes in the state. During an […]
Breeders Say that Plan of Gov. Tom Corbett to Raid Racehorse Fund Could Kill Industry
2/24/2012 Tom McClay, a horse breeder in Pennsylvania, said that he has invested around $3 million in the state in the span of two years because it is one of the places with some of the best breeder incentives and purses in the racehorse industry. At present, however, he says that he is moving […]
Faulty Mortgage and Sloppy Foreclosure Costs Top $72 Billion
2/23/2012 Flawed mortgages and careless foreclosure costs reached $72 billion at the major U.S. banks as the settlement of a 50-state investigation into the practices of the industry nears. JPMorgan Chase & Co., Ally Financial Inc., Wells Fargo & Co., Citigroup Inc. and Bank of America Corp., the five biggest home lenders during the […]
Auto Industry Getting Nervous Over Verdict on Honda Civic Mileage Case
2/23/2012 Honda is now bracing for a likely avalanche of legal challenges should the courts in California decide to uphold a recent verdict which awarded almost $10,000 to a woman who claimed that her 2006 Civic Hybrid did not perform exactly as promised by the maker. She found out that her Civic delivered lower […]
Music Industry Starting to Feel Chirpy with Cricket Wireless
2/22/2012 The hope of the beleaguered music industry may be lying within the confines of a small corner store located in the City Heights section of San Diego. In an area crowded by Mexican, Somalian and Vietnamese restaurants, 40-year-old unemployed laboratory technician Larry Woelfel waited with a number of customers to purchase cellular phones […]
Environmentalists Calling for the Repeal of Louisiana Law against TED Enforcement
2/22/2012 Twenty-six conservation groups are calling for the repeal of a 24-year-old law in Louisiana which prohibits state wildlife agents to implement a federal law that require trap-doors for turtles in shrimp net. The law, which was passed in 1987, states that Louisiana will not enforce the federal law until a thorough and scientific […]