Headlines

In February and March of 2014, GM recalled 2.6 million Chevrolet Cobalts and HHRs, Saturn Ions and Skys, and Pontiac G5s and Solstices because of defective ignition switches. GM admitted that “a condition with the ignition switch…may allow the key to unintentionally move or switch to the ‘accessory’ or ‘off’ position, turning off the engine and most of the electrical components on the vehicle,” including causing air bag failure in the event of a crash.

Motley Rice is reviewing potential claims involving the proposed acquisition of SWS Group, Inc. (“SWS” or the “Company”) (NYSE: SWS) by Hilltop Holdings Inc. (“Hilltop”) (NYSE: HTH).

Since the Deepwater Horizon disaster four years ago this month, BP has been “April Fooling” us that they are actually going to take responsibility for their actions.

On March 5, 2014, the U.S. Supreme Court heard oral arguments in the appeal of Halliburton Co. v. Erica P. John Fund, Inc.. The Court’s forthcoming opinion, expected by June 2014, will decide the continuing vitality of the fraud-on-the-market presumption, one of the legal underpinnings of modern securities-fraud class actions.

Motley Rice is investigating possible anti-competitive behavior that allegedly caused financial injury to investors who, from 2004 to now, held or traded gold and gold derivatives that were priced based on the London gold fix or who held or traded COMEX gold futures or options.

Motley Rice has again been selected to The National Law Journal's Plaintiffs' Hot List, highlighting the firm’s work in environmental and securities fraud litigation. The firm, one of 12 firms across the nation receiving the accolade in 2014, was featured in The National.

At approximately 2:40 a.m. (UTC) on Saturday, March 8, 2014, Malaysia Airlines Flight MH370 lost contact with the Subang Air Traffic Control. The flight departed from Kuala Lumpur, the capital of Malaysia, and was in route to Beijing, China.

On Monday, March 3, 2014, the U.S. Appeals Court for the Fifth Circuit rejected BP’s request to stop payments for business economic loss claims.

On March 6, 2014, the United States Fourth Circuit Court of Appeals overturned the district court’s dismissal of hundreds of soldier’s claims against KBR and held that the claims in In re KBR Inc. Burn Pit Litigation may now proceed.

On Thursday, Feb. 27, 2014, Federal Judge David Cercone ruled that primary expert testimony may proceed in the upcoming trial for the lawsuit alleging harmful radioactive emissions in Western Pennsylvania's Parks Township-Apollo area.