Consumer Protection News. Crime Stories, Law on News and Legal Publications in August, 2011

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Independent directors? liability not defined
Economic TimesAugust 1, 2011

"People won't join boards if the liability on the independent director is not well defined." Unfortunately, there is lack of clarity on the exact liability of independent directors . A few months ago, the Company Law Board asked the Registrar of ...more »

Credit Card Debt Collection Lawsuit Ends in $1.26 Million Award for Plaintiff
Think Relief Blog (blog)August 2, 2011

A woman who sued a debt collection law firm for twice attempting to garnish her wages for a debt she didn't owe was awarded a $1.26 million judgment Friday by a federal jury in New Mexico, according to the plaintiff's lawyer. Rob Treinen, the attorney ...more »

Consumer Protection News and Stories

Confidentiality
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New Jersey Court Approves Common Law Right of Access to Agency Depositions
RegBlog (blog)August 25, 2011

Under the common law, the entity seeking access must prove that its need for the information outweighs the government's right to confidentiality. The court outlined three steps for analyzing common-law right of access claims. First, the entity may only ...more »

Credit Cards Fraud
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Researchers find avenues for fraud in Square
CNETAugust 5, 2011

Laurie said the researchers figured these fraud methods out in February and report them to representatives at Square. But Square didn't see it as a significant threat, saying that there are easier ways to commit credit card fraud and that they can ...more »

Consumer Disputes
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Rs 50K relief for delay in allotment of flat
IBNLive.comAugust 19, 2011

CHENNAI: The District Consumer Disputes Redressal Forum, Tiruvallur District, has ordered the Chief Executive Officer of the Central Government Employees Welfare Housing Organisation (CGEWHO) to pay Rs 50000 to a 71-year-old retired Indian Telecom ...more »

Hatch-Waxman Act
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Eastern District of Texas Deals Blow to Generic Pharmaceutical Companies
Corporate CounselAugust 25, 2011

In one of the first Eastern District of Texas interpretations of the Hatch-Waxman Act, the federal law governing the procedure for bringing generic drugs to market, brand-name drug company Allergan Inc. has prevailed against five generic drug makers. ...more »

Product Reclamation
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Great Lake States Lose Appeal of Effort to Keep Asian Carp Out of Waters
BloombergAugust 24, 2011

The Army Corps, Illinois' Metropolitan Water Reclamation District of Greater Chicago and other agencies and experts “have mounted a full-scale effort to stop the carp from reaching the Great Lakes,” Wood said in a decision, joined by circuit judges ...more »

Consumer Protection
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Agricultural swaps rule takes effect Dec. 31
McPherson SentinelAugust 24, 2011

The agricultural swaps rule is part of the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act approved by Congress last year. Farm Bureau and a coalition of other agriculture-related end-users submitted commentsurging that ...more »

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