PLP News

PLP News

GE to Pay $40M in Suit Over Crisis Era Disclosures

General Electric has agreed to pay shareholder groups $40 million to settle one of the few shareholder lawsuits over 2008-financial-crisis disclosures to survive motions to dismiss, Reuters reports.

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Plaintiff Firms Ordered to Detail Political Contributions

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A federal judge last week ordered two law firms that represent the Mississippi Public Employees' Retirement System (MissPERS) in a securities class action lawsuit against Diamond Foods to provide details of their political contributions.

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Ex-Prosecutor Jailed for Hiding Evidence to Convict Innocent Man

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A specially convened court in Texas found probable cause to believe that a former Williamson County district attorney broke two state laws and committed criminal contempt of court for lying to the trial judge of Michael Morton, a man who was convicted in 1987 for murdering his first wife, according to American-Statesman.

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