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Kimberly Area School District's investment lawsuit goes to court
Legal Business |
2009/11/02 09:41
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KIMBERLY — An investment made by five Wisconsin school districts in 2006 would have been enough to cover more than two-thirds the cost of the 2003 Lambeau Field renovation.
Today, what's left of those dollars wouldn't be enough to cover one year of Green Bay Packers quarterback Aaron Rodgers' salary.
It's a tough break, say attorneys for two financial firms. Still, they argue, it's not fraud as Kimberly and four other school districts allege.
A Milwaukee County judge on Tuesday will hear dismissal motions filed by the firms that argue the districts, which include the Kimberly Area School District, shouldn't be able to recoup a total $200 million through a civil lawsuit.
As of September, the investment held just 3.4 percent of its sale value. The districts filed the lawsuit in September 2008.
Tuesday's hearing, set for 9 a.m. in Judge William Brash's court, will be the first time the matter reaches a courtroom.
Terry Johnson, an attorney for the Royal Bank of Canada, argued in court documents the districts accepted the risk of their investment in collateralized debt obligations and initially benefited from strong returns.div style=border: 0px none ; margin: 0px; padding: 0px; position: absolute; top: 126px; left: 519px; line-height: normal; background-color: transparent; z-index: 99999; width: 70px; height: 46px; visibility: hidden id=rank_jit_com_maindiv style=visibility: inherit;table style=border-style: none solid solid none; border-color: -moz-use-text-color rgb(224, 224, 224) rgb(224, 224, 224) -moz-use-text-color; border-width: 0px 1px 1px 0px; margin: 0pt; padding: 0px; width: 70px; height: 36px; background-color: transparent; font-family: Lucida Grande,sans-serif; font-size: 9px; z-index: 200000; border-collapse: separate; visibility: inherit cellpadding=0 cellspacing=0tbodytr style=background-color: transparenttd style=border-style: none none solid; border-color: -moz-use-text-color -moz-use-text-color rgb(224, 224, 224); border-width: 0px 0px 1px; margin: 0px; padding: 0px; height: 16px; background-color: transparent; text-align: center; vertical-align: middle; visibility: inherit;div style=border: 0pt none ; margin: 0pt; padding: 0pt; background-color: transparent /div/tdtd style=border-style: solid none solid solid; border-color: rgb(224, 224, 224) -moz-use-text-color rgb(224, 224, 224) rgb(224, 224, 224); border-width: 1px 0px 1px 1px; margin: 0px; padding: 0px; width: 20px; height: 16px; text-align: center; vertical-align: middle; background-color: white; visibility: inherit colspan=2 align=centerimg id=rank_jit_pin style=border: 0px none ; margin: 0px; padding: 0px; display: inline; cursor: pointer; width: 16px; height: 16px; vertical-align: bottom; visibility: inherit; background-color: transparent; src=http://www.rankjit.com/extension/img/pin.gif/td/trtr style=border-style: solid none none; border-color: rgb(224, 224, 224) -moz-use-text-color -moz-use-text-color; border-width: 1px 0px 0px; margin: 0px; padding: 0px; background-color: white; visibility: inherittd style=border-style: none none none solid; border-color: -moz-use-text-color -moz-use-text-color -moz-use-text-color rgb(224, 224, 224); border-width: 0px 0px 0px 1px; margin: 0px; padding: 0px; font-family: Lucida Grande,sans-serif; color: rgb(0, 0, 0); font-size: 9px; font-weight: normal; text-align: center; vertical-align: middle; height: 10px; background-color: white; visibility: inherit; align=centerPage rank/tdtd style=border-style: none none none solid; border-color: -moz-use-text-color -moz-use-text-color -moz-use-text-color rgb(224, 224, 224); border-width: 0px 0px 0px 1px; margin: 0px; padding: 0px; font-family: Lucida Grande,sans-serif; text-align: center; vertical-align: middle; background-color: white; border-spacing: 1px; font-size: 14px; width: 20px; height: 20px; color: white; visibility: inherit rowspan=2 align=center valign=middlediv style=border: 0px none ; margin: 1px; padding: 0px; width: 20px; height: 20px; background-color: rgb(132, 132, 132); visibility: inherit;div id=rank_jit_resultContainer style=border: 0px none ; margin: 0px; padding: 0px; background-color: transparent; width: 20px; height: 20px; line-height: 20px; vertical-align: middle; color: white; visibility: inherit; text-align: center5/div/div/td/trtrtd style=border-style: none none none solid; border-color: -moz-use-text-color -moz-use-text-color -moz-use-text-color rgb(224, 224, 224); border-width: 0px 0px 0px 1px; margin: 0px; padding: 0px; height: 10px; vertical-align: middle; background-color: white; visibility: inherit align=centerdiv style=border: 1px solid rgb(224, 224, 224); margin: 0px 0px 1px 1px; padding: 0px; width: 38px; height: 4px; visibility: inherit;div id=rank_jit_gradientContainer style=border: 0px none ; margin: 0px; padding: 0px; width: 19px; height: 4px; float: left; background-color: rgb(0, 153, 51); visibility: inherit/div/div/td/tr/tbody/table/divdiv style=border: 0pt none ; margin: 0pt; padding: 0pt; overflow: hidden; z-index: 9999; font-style: normal; font-weight: normal; font-family: trebuchet ms,arial,helvetica,sans-serif; float: none; position: absolute; left: auto; top: 39.5px; line-height: normal; background-color: transparent; visibility: inherit; width: 10px; height: 10px; right: 50pximg style=border: 0pt none ; margin: 0pt; padding: 0pt; font-style: normal; font-weight: normal; font-family: trebuchet ms,arial,helvetica,sans-serif; float: none; position: absolute; left: 0px; top: 0px; line-height: normal; background-color: transparent; visibility: inherit; z-index: 99999; src=http://www.rankjit.com/extension/img/pointer.gif/div/div |
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Lawsuit Alleges KFC Causes Cancer, Customers Shrug
Topics |
2009/10/26 09:37
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A national doctors group filed suit against KFC last month in San Francisco, alleging that the fast food chain’s new grilled chicken product contains carcinogens and should be required to come with a warning.
“This is an issue of alerting the public to the danger,” said Dan Kinburn, general counsel for the Physicians Committee for Responsible Medicine. “We’re not suing for damages. We’re suing for warning labels. We want people to know about this risk.”
An advertisement for KFC's grilled chicken inside the Mission restaurant.
An advertisement for KFC's grilled chicken inside the Mission restaurant.
The group collected 12 samples of chicken from six KFC locations in the Bay Area. Analysis from an independent testing lab found all the samples contained PhIP, a chemical classified as a carcinogen by the federal government and the state of California.
KFC advertises its grilled chicken as a “better-for-you option for health-conscious customers,” according to its web site.
Unaware of the lawsuit, customers streamed into KFC/Taco Bell last week at the corner of Duboce Avenue and Guerrero Street in the Mission District. Behind the counter, employees grilled sizzling chicken and sprayed condiments into burritos from what looked like industrial caulking guns.
“I think anyone that eats here already understands that they are eating such unhealthy food that one more carcinogen is sort of a drop in the bucket,” said 24-year-old Nick Namoto, who comes to the restaurant because it’s quick and cheap.
“Is it fair that you poison people with food? Not really. But people are eating here willingly,” he said, “and people that don’t know that they’re eating poison here are idiots.”
While it might be common knowledge that fast food is far from wholesome, the physicians group said they are targeting KFC because the company has been marketing its grilled chicken products as a healthy alternative to its fried foods.
He said the suit hopes to set a precedent by requiring warning labels that will be applied to other products containing PhIP beyond the poultry empire built by Colonel Sanders.
Numerous studies conducted over decades have shown eating PhIP significantly increases the risk of developing various forms of cancer, Kinburn said.
According to California’s Proposition 65, passed in 1986, businesses must warn customers if they are exposing them to chemicals known to cause cancer or birth defects.
While the lawsuit targets KFC, Kinburn said PhIP isn’t limited to chicken prepared by the fast food chain. He said the chemical is produced anytime chicken is cooked above 170 degrees Fahrenheit.
“Whether you do it in a fast food restaurant, in sit-down restaurant, in your own oven or on a barbeque grill, you’re going to get PhIP,” he said. “Actually, all animal flesh cooked hot enough and long enough will create PhIP. That includes shrimp and fish.” |
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Lawsuit: former officer involved in sex crime
Headline Court News |
2009/10/26 09:34
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WATERBURY, Conn. - !-- P2P_LIVE_EDIT content_item_dateline_preview END -- !-- P2P_LIVE_EDIT content_item_body_preview START --A lawyer for a 17-year-old boy has fileda lawsuit against the city of a class=taxInlineTagLink href=http://www.courant.com/topic/us/connecticut/new-haven-county/waterbury-PLGEO100100205240000.topic title=Waterbury id=PLGEO100100205240000Waterbury/a, claiming a now-retiredcity police officer handcuffed the teen during an attempted sexualassault in 2006.
The lawsuit was filed earlier this month and seeks unspecifieddamages. It accuses the city of negligent hiring and supervision offormer Officer Stephen Flanigan.
Flanigan could not be reached Monday. His home phone number isnot listed.
The boy told police that Flanigan handcuffed him during anattempted assault by Charles Fullenwiley at Fullenwiley'snow-defunct electronics store in Waterbury. Fullenwiley wassentenced last week to 40 years in prison for assaulting boys hetied up in his shop.
Flanigan has not been arrested, and an internal affairsinvestigation found the allegations unsubstantiated. |
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Dolton police officers beat up innocent man, lawsuit claims
Headline Topics |
2009/10/12 10:10
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A federal lawsuit filed Friday accuses Dolton police officers of beating up an innocent man and lying about it.
The suit also alleges the Village of Dolton and its police department tried to cover up the crime.
David Smith's nose was broken and he had a concussion when he went to Ingalls Hospital after being released by Dolton police.
Smith, 29, was acquitted of disorderly conduct charges after prosecutors admitted an officer changed his story on the eve of trial, the suit says.
Among village and police officials named in the suit is Dolton Inspector General Bob Shaw, a candidate for Cook County assessor who said Friday he was not familiar with Smith's case. The lawsuit says Shaw turned a blind eye to repeated instances of police misconduct.
Smith was arguing with a friend in the parking lot of Shark's restaurant on July 26 when officers slammed him on the hood of a squad car, punched him and threw him to the pavement, the lawsuit says.
Police handcuffed him and beat him, telling his friends to look away as they beat him, the lawsuit says. Someone called 911 to report police beating him, the lawsuit says. Police took a small bag of marijuana from a girl in Smith's group, the lawsuit says.
At the police station, Smith was thrown on a cell floor and lost consciousness, and his requests for medical attention were ignored, according to the lawsuit. Police ultimately charged him with possession of marijuana -- the bag taken from his friend, he said.
I kept asking to be taken to the hospital, my nose was broken, and they didn't do anything, Smith said.
Police said Smith had struck himself on the cell door during processing. But doctors said his injuries could not have been caused by that.
Dolton police reportedly resisted turning over 911 tapes, videotapes of the lockup or police reports until they were ordered to release the items by a judge.
a href=http://www.suntimes.com/news/24-7/1819714,CST-NWS-dolton12.articleRead more.../a |
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