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Human trafficking suspect due in court in Michigan
Industry News | 2011/02/25 09:26
pA former fugitive is due in federal court in Detroit to face charges he was a member of a violent ring that lured Eastern European women to the United States and forced them to become strippers./ppThe U.S. attorney's office says Veniamin Gonikman, a naturalized U.S. citizen born in Ukraine, was due in court Friday afternoon. He consented to the transfer from New York last month./ppCourt papers claim Gonikman was using a fake Russian passport while living in Ukraine. Officials there arrested him on Jan. 26 and ordered his deportation./ppThe Associated Press reported on the case involving Gonikman last year in a lengthy investigation of the exploitation of a U.S. cultural exchange program that provides foreign college students temporary visas to live and work in the United States./p


France's Publicis faces $100 million gender bias lawsuit
Topics | 2011/02/24 09:27
pA former public relations employee has sued Publicis Groupe SA for $100 million, saying the French advertising company discriminates against women in pay and promotions./ppWomen make up 70 percent of the company's public relations staff but hold only about 15 percent of leadership positions, the lawsuit says./ppA Publicis woman's place is in the back of the line, far removed from senior management positions, almost all of which are reserved for the men, the complaint contends./ppThe case was filed in U.S. District Court in Manhattan and seeks class-action status. It was filed by Monique da Silva Moore, who was global healthcare director in the Boston office of the company's public relations division MSLGroup./ppWe generally do not comment on pending litigation, but we can say that the fact that the Equal Employment Opportunity Commission dismissed Ms da Silva's charge reflects the lack of merit to her claims, a spokeswoman for MSLGroup said.
/p


Vivendi To Cut US Class Action Provision
Court Watch News | 2011/02/24 09:27
pVivendi SA said Wednesday it will significantly reduce the EUR550 million provision it had made to cover potential damages for a U.S. class action case after a U.S. judge narrowed the size of the class. /ppThe Paris-based company's potential liabilities have been slashed by 80% in light of the court victory, which will free up more cash as the group prepares to buy out Vodafone PLC's minority stake in telecoms operator SFR. /ppVivendi made the provision in its 2009 accounts to cover any eventual payout after a jury in January last year found the company liable for 57 misstatements about its financial condition in the two years leading up to its near bankruptcy in 2002. /ppThe damages arising from the ruling in January 2010, which was based on a class involving shareholders outside the U.S., could have totaled more than $9 billion, according to lawyers for the shareholders, although Vivendi's lawyer Herve Pisani rejected the sum as unfounded. /ppThe ruling Tuesday by U.S. District Judge Richard Holwell that shareholders who bought Vivendi shares outside the U.S. are barred from bringing fraud claims against the company in the U.S., considerably narrowed the overall size of the potential class.
/p


Horizon Lines to plead guilty to fixing prices
Court Watch News | 2011/02/24 09:27
pU.S. authorities say the shipping company Horizon Lines LLC has agreed to plead guilty to fixing prices and to pay a $45 million fine./ppA Justice Department statement Thursday says the company was accused of conspiring to fix rates and surcharges for freight transportation between the United States and Puerto Rico from May 2002 until April 2008./ppFive former executives have been sentenced after pleading guilty in 2008 to charges related to the shipping conspiracy./ppThe Charlotte, North Carolina-based company has a fleet of 20 U.S.-flagged cargo ships that carry items including heavy equipment, medicines and consumer goods./ppIn June 2009, the company agreed to pay $20 million to settle a class action price-fixing lawsuit.
/p


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