Goldman Sachs Tentatively Agrees to $270 Million Settlement as Mortgage Security Litigation Winds Down

Another domino has reportedly fallen in the aftermath of the mortgage-backed securities (MBS) meltdown that was mostly responsible for the worst economic downturn since the Great Depression. Multiple media outlets are reporting that Goldman Sachs will settle a class-action lawsuit led by the NECA-IBEW’s Health and Welfare Pension Fund of Illinois, among other investors, to




Fiat-Chrysler Issues Recalls for Dodge Charger, Ram for Faulty Airbag Sensors

August is beginning to look like a continuation of July for embattled automaker Fiat-Chrysler, as the company announced on Saturday that it is recalling 322,000 Dodge Chargers from model years 2011-2014. The recall comes after the company received 25 complaints of unintended side-curtain airbag deployments when the doors had been kicked or slammed forcefully. According


Legal Facts: Plaintiff Negligence and Strict liability

Strict liability generally holds all persons in the chain of distribution for component parts or final products strictly liable to any consumer or ultimate user of the product for any harm caused by their defectively designed or manufactured products. There is an exception to this rule if a product has been substantially changed; for a


In Memoriam: Labor Health Crusader Dr. Donald L. Rasmussen

The New York Times paid tribute yesterday to a man whose death nearly went unnoticed in a national sense, but whose life needs to be celebrated. Dr. Donald L. Rasmussen died on July 23rd in Beckley, West Virginia at the age of 87. According to his stepdaughter, Julia Holliday, Dr. Rasmussen died from complications following




TPP Trade Talks hit Major Snags

Although the 12 countries involved in the Trans-Pacific Partnership (TPP) nearly wrapped up the final negotiations of the agreement this week in Hawaii, a few major roadblocks have caused the countries to leave empty-handed. The Hawaii round was expected to be the final negotiating session after nearly five years of talks between the U.S., Japan,