In the News Today – March 30, 2015
The Wall Street Journal editorial board writes that U.S. Attorney for the Southern District of New York, Preet Bharara, is being sued by financier David Ganek “for destroying his business and depriving him of due process and other constitutional rights.” Writing that Bharara isn’t the “first ambitious prosecutor to abuse his discretion,” the editorial board hopefully notes the case could become “a referendum on Mr. Bharara’s methods and ethics in his campaign against alleged insider trading.” (Wall Street Journal)
At least three Canadian law firms have filed class-action lawsuits against Takata Corporation. One of the suits seeks $1.0 billion USD for “personal injuries, car repairs and an expected loss of value of the vehicles” following Takata’s global air bag safety recall. (TechieNews)
