Quick Hits
Quick hits from around the web:
- Best Buy may be in a heap of trouble after one of its outside lawyers acknowledged that he falsified two e-mails and one memo before turning them over to plaintiffs in a nationwide class-action lawsuit.
- A big law firm has found perhaps the ultimate pro bono case: teaming up with the Humane Society of the United States to file what they believe to be the first class action lawsuit against a U.S. puppy dealer, alleging that the company sold sick and dying puppies with genetic defects and contagious parasitic infections.
- Just one week after it launched, this website that attempts to rate lawyers on a scale of 1-10 was hit with a class action lawsuit alleging that the ratings were not reliable. Ominously for the website, its ranking for the lawyer that filed the case against it is "superb."
- The SEC in Thailand filed a rare insider trading case, fining entertainment tycoon Paiboon Damrongchaitham 31.77 million baht (just over $1 million) for alleged criminal insider trading in shares of the publisher Matichon Plc.
- In the US, proclaiming your innocence following the settlement of an insider trading case against you will quickly get you back in trouble with the SEC. Judging from this article out of New Zealand, however, things may not work the same way there.
