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News
April 30, 2014

In the News – April 30, 2014

The U.S. Supreme Court issued two separate rulings on Tuesday that could, “make it easier for judges to punish lawyers who bring frivolous patent cases.” The rulings make it, “easier for trial judges to force plaintiffs to pay the other side’s legal fees when they bring questionable cases, something that could raise the risk for firms filing suit.” (Wall Street Journal)

Crain’s New York Business reports that reforming the state’s harmful Scaffold Law isn’t among New York Governor Andrew Cuomo’s top five priorities this year. However, Ken Pokalsky, Vice President for Government Affairs at the Business Council of New York State, contends that reforming the 129-year old Scaffold Law is absolutely one of the organization’s top priorities. (Crain’s New York Business)

The amount of accounting-related securities class-action lawsuits filed in 2013 remained about the same as in 2012, but could increase in the coming year as, “U.S. Securities regulators ramp up their focus” on probing accounting fraud. (WSJ CFO Journal Blog)

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