Connecticut Grapples with Declining Vehicle Valuations and Enforcement Challenges Amid New Tax Laws

Vernon, Conn. – A recent change in Connecticut’s vehicle taxation laws has led to a notable decline in municipal grand lists’ values, leaving authorities grappling with enforcement challenges. Under the new statute, vehicles are now assessed differently, which some argue diminishes the tax base essential for local funding. Local discussions and frustrations have surfaced concerning lax enforcement against those who register their vehicles out of state to sidestep Connecticut’s higher registration fees and taxes. This practice, although illegal, appears to be overlooked by enforcement agencies, according to recent complaints. The Connecticut Department of Motor Vehicles … Read more

Deadline Approaching for Investors to Join Transocean Ltd. Securities Class Action Lawsuit, Allegations of Overstated Asset Valuations Surface

SAN DIEGO — A significant legal development has surfaced as Robbins Geller Rudman & Dowd LLP announces a deadline for the investors of Transocean Ltd. to assume a lead plaintiff role in a class-action lawsuit. The lawsuit, targeting the offshore drilling giant and several of its top executives, alleges violations of securities law spanning nearly a year, from October 31, 2023, to September 2, 2024. Investors who have suffered considerable losses during this specified period, formally known as the “Class Period”, are being urged to step forward by February 24, 2025, to potentially lead the … Read more