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On June 30, 2014, General Motors unveiled a settlement protocol that would compensate persons injured and families of loved ones killed in accidents triggered by the defective ignition switch in millions of its cars. The defect caused the cars to suddenly lose power, often resulting in the driver losing control of the vehicles, as well as disabling the airbags. It has been estimated that over 300 persons may have died in crashes linked to the defective ignition switch.
For the fourth consecutive year, the Daily Journal has named Lieff Cabraser partner Kelly M. Dermody to its annual list of the 75 Top Labor and Employment Lawyers in California.
As part of its "Legal 500 Awards," the UK-based publication Legal 500 recently named Lieff Cabraser Heimann & Bernstein, LLP, as its U.S. Mass Torts and Class Action Plaintiffs' Law Firm of the Year for 2014. The Legal 500 awards honor the best practice teams in the U.S., as determined by Legal 500 from thousands of lawyer interviews.
SUVs typically have a significantly higher center of gravity than other passenger vehicles. This feature, combined with a lack of electronic stability control, makes older model SUVs prone to rolling over should the driver need to make a sudden turn or swerve to avoid an obstacle in the road.
In a significant ruling defining the scope of U.S. antitrust laws in our global economy, the Ninth Circuit Court of Appeals upheld the criminal convictions of AU Optronics ("AUO"), one of the world's leading manufacturers of Thin Film Transistor Liquid Crystal Displays ("TFT-LCDs"), and its wholly-owned subsidiary AU Optronics Corporation of America ("AUOA") for fixing the prices of TFT-LCDs imported and sold in the U.S. in violation of the Sherman Act. TFT-LCDs are used in flat-panel televisions as well as computer monitors, laptop computers, mobile phones, personal digital assistants, and other devices.
"The greatest living American jurist isn't on the Supreme Court," replied Justice Cardozo when asked which of his colleagues on the court was the greatest. Cardozo was referring to Learned Hand, but his remark might apply today to another judge who has professed admiration for Hand: Frank Easterbrook of the Seventh Circuit Court of Appeals.
General Motors announced on June 30, 2014 the recall of another 8.4 million automobiles, bringing the total number of vehicles recalled by GM this year to over 29 million worldwide. Out of the total number of vehicles recalled, 8.2 million are linked to the faulty key ignition system that causes vehicles to lose power.
In its annual survey of Northern California attorneys who have obtained a high degree of peer recognition and professional achievement, Super Lawyers, a Thomson Reuters publication, has selected 22 Lieff Cabraser attorneys as 2014 Super Lawyers or Rising Stars.
Michael Miarmi participated today in a panel discussion entitled "Securities Law in 2014: Fraud-on-the-Market Theory Demystified." Securities litigators from plaintiffs and defense law firms discussed the application of the fraud-on-the-market resumption in securities cases following the U.S. Supreme Court's recent decision in Halliburton II.
Today, General Motors, through Ken Feinberg, a compensation expert hired by GM, announced a plan that sets a $1 million starting point for each death in accidents caused by a defective ignition switch in GM cars. The plan envisions compensation for a much greater number of victims and families whose loved ones died than the 13 deaths that GM has publicly linked to the defect. There is no cap on the amount of money GM has agreed to spend on victims' payments, and the company will not seek to assert protection from liability involving incidents before its July 10, 2009, bankruptcy restructuring agreement.
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"One of the nation's premier plaintiffs' firms." American Lawyer
"Representing the best qualities of the plaintiffs' bar." The National Law Journal
"No matter the transgression, Lieff Cabraser will avenge it." The Daily Journal
