Interest

Court Orders Additional $2 Million in Pre-Judgment Interest to Victim Awarded $10 Million in Carnival Miracle Assault Case

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Miami, FL – In a significant legal ruling, a trial court recently awarded an additional $2 million in pre-judgment interest to a victim who was awarded $10 million in damages last month for a rape incident that occurred aboard the Carnival Miracle cruise ship. This decision marks a crucial development in a case that has captured national attention and highlighted issues of safety and security on cruise vessels. The incident, which took place several years ago, involves a female passenger who was attacked and raped by a crew member during a voyage. The jury’s substantial … Read more

Trump Campaign Criticizes Kamala Harris Over Alleged Connections with Google Attorney, Alleges Conflict of Interest

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Washington, D.C. — Tensions are rising in political circles as former President Donald Trump’s campaign has launched a fierce critique of Vice President Kamala Harris’ connections to a prominent Google attorney, Karen Dunn. The campaign argues that these ties represent a concerning conflict of interest that could influence tech policy decisions favorably towards the tech giant. At the center of the controversy is Dunn’s historical role as counsel in antitrust matters for Google, coupled with her close professional relationships within the Biden administration where she has served as a consultant. Critics from the Trump camp … Read more

JPMorgan Hit with Class-Action Lawsuit Over Low Interest on Uninvested Client Cash

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New York — JPMorgan Chase, along with its subsidiary J.P. Morgan Securities, finds itself at the center of a burgeoning legal storm as it faces a proposed class-action lawsuit. The litigation accuses the financial giant of shortchanging clients by paying minimal interest rates on uninvested cash, while purportedly reaping substantial profits from these low-cost funds. Filed by Illinois resident Dan Bodea, the lawsuit claims that J.P. Morgan Securities routinely transferred client cash into low-yield accounts at its parent bank. This practice, according to the complaint, allowed the company to benefit from favorable borrowing terms at … Read more

Plaintiffs Seek Judge’s Recusal in Philadelphia Zantac Case Over Alleged Conflict of Interest

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Philadelphia, PA — A push for judicial recusal has emerged in a Philadelphia court as plaintiffs in the high-profile mass tort against antacid manufacturer Zantac claim potential bias due to the overseeing judge’s familial connection to the drugmaker’s legal representation. The plaintiffs argue this connection might affect the fairness of the proceedings. Judge Joshua Roberts of the Philadelphia Court of Common Pleas is at the center of the controversy after disclosures revealed that his wife, Shannon McClure, is a partner at Reed Smith, a firm involved in representing Zantac manufacturer GlaxoSmithKline in connected litigations. Though … Read more