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General Electric Co. and CEO H. Lawrence Culp Jr. failed to promptly disclose the full extent of an investigation into the energy giant’s 2015 acquisition of French multinational company Alstom Energy, an investor said Friday in a stock-drop suit filed in New York federal court.
The City of Rochester is joining a class action lawsuit against drug manufacturers for their role in the nation’s opioid epidemic.
The city council approved without comment Monday a motion to retain the law firm of Chicago-based Keller Lenkner to handle litigation against Purdue Pharma, the maker of OxyContin, along with other drugmakers. Hundreds of cities, counties and states are suing the pharmaceutical companies for pushing the use of opioids despite being aware of the high risks of abuse.
The Duluth and Superior city councils have both unanimously voted to file lawsuits against opioid manufacturers and distributors.
The two cities will file separate lawsuits but are working together and sharing information and resources. Both will hire an outside law firm, Keller Lenkner out of Chicago, to represent them in the lawsuits.
Seth Meyer, an attorney with Keller Lenkner, explained that there are two objectives to the lawsuit: monetary damages and injunctive relief, which would aim to prevent opioid manufacturers and distributors from continuing to do the things that led to the opioid epidemic.
Duluth and Superior will join in the legal battle against the makers and distributors of opioid drugs.
The city councils for both jurisdictions voted Monday night to hire the same law firm, Keller Lenkner LLC, to represent them in the suit, seeking damages for a wave of addiction that has swept through the nation, saddling cities, counties and states with hefty response costs.
“These are people who served our country honorably in very dangerous conditions and are suffering life-changing injuries as a result of the company’s misconduct,” said Travis Lenkner of Chicago’s Keller Lenkner, who has filed nine lawsuits so far and has 1,000 clients. “And the nature and extent of the injuries bears that out.”
Even if the mass arbitration strategy is successful, it may be hard to replicate.
Coordinating dozens, let alone hundreds or thousands, of arbitration proceedings is a daunting task. Law Firm Keller Lenkner LLC is behind the 12,501 Uber drivers filing arbitration claims and the 3,420 drivers filing arbitration claims at Lyft.
Very few people have the expertise and capital to engage in a campaign of mass arbitration filings, a plaintiff’s attorney familiar with these types of campaigns told Bloomberg Law.
“Uber treats all of its drivers like independent contractors even though they provide the core service, which is transportation,” said the plaintiffs’ attorney, Travis Lenkner, managing partner of Chicago-based law firm Keller Lenkner LLC. “By doing that, Uber gets to evade minimum wage, overtime, and sick leave laws. Many of the drivers make less than $8 an hour even though in Massachusetts it is $12 an hour.”
The California Supreme Court’s decision rattled companies and forced state and federal courts to grapple with unresolved, consequential questions. Meanwhile, plaintiffs attorneys find themselves with more leverage in suits challenging employment practices.
“We pride ourselves on the marriage of law and finance,” Gerchen says. “The qualitative side of identifying and managing talent, and the quantitative side of allocating our resources. That’s what we do.”
A North Carolina man has filed a lawsuit against more than a dozen pharmaceutical companies, alleging that their targeted marketing and distribution of prescription opioids has directly led to higher insurance costs for North Carolinians.