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News
April 22, 2015

In the News Today – April 22, 2015

Class action plaintiffs’ firm Robbins Geller Rudman & Dowd has added new challenges to its lawsuit against Imperial Holdings over the life insurance settlement company’s adoption of a “minimum-stake-to-sue” bylaw. That bylaw requires “shareholders to amass written consent from a minimum percentage of their fellow investors in order to sue the board.” (Reuters)

Asbestos.com is a website that “offers free services to victims of asbestos exposure and their families.” It also is owned by Asbestos.com, LLC, based in Orlando, FL, and “sponsored by The Peterson Firm”, which is a Washington, D.C.-based plaintiffs’ firm specializing in asbestos litigation. (Washington Examiner)

A Florida jury this week slapped R.J. Reynolds Tobacco Co. with a $25 million punitive damage verdict, adding to a $21.5 million compensatory verdict it awarded days earlier in a suit “brought by an ex-smoker” with respiratory disease. (Law360)

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