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Levi & Korsinsky Announce Class Action
Legal PR | 2009/06/17 16:51

Levi & Korsinsky announces that a class action lawsuit has been filed in the Superior Court of the State of California challenging the proposed acquisition of Data Domain, Inc. ("Data Domain" or the "Company") (Nasdaq:DDUP).

The Complaint arises out of the announcement by Data Domain stating that it had entered into a definitive merger agreement with NetApp, Inc. Under the terms of the proposal, Data Domain's shareholders would receive $30.00 to be paid in a combination of cash and NetApp stock. In addition, NetApp offered positions on its board to certain Data Domain officers and there are rumors that the Data Domain CEO Slootman could be the next CEO of NetApp. This raises questions as to whether the sales process conducted by the Board was fair and open. If you own common stock in Data Domain and wish to obtain additional information, please contact us at the number listed below or visit www.zlk.com/ddup1.html

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.


Former Sen. Stevens paid lawyers at least $1M
Legal PR | 2009/05/15 17:04

New financial disclosures show that former Alaska Sen. Ted Stevens spent at least $1 million on legal bills defending himself against charges that he failed to report gifts as required.

A report filed this week with the Senate shows that Stevens owes between $1 million and $5 million to the Washington law firm Williams and Connolly for defending him in his corruption trial last year.

A jury found the longtime Republican lawmaker guilty in October on seven counts of lying on financial disclosure forms about gifts, including renovations that doubled the size of his home in Girdwood, Alaska. A judge dismissed the case in April, saying prosecutors withheld evidence that might have been favorable to Stevens at trial.

The disclosures filed this week are the same type of annual reports used against Stevens in his corruption case. The forms, which cover 2008, show that Stevens also owes $50,000 to $100,000 to another Washington law firm, Utrecht and Phillips.



Discrimination claim appears to divide high court
Legal PR | 2009/04/23 16:32

A divided Supreme Court took up its first examination of race in the Obama era Wednesday, wrestling with claims of job discrimination by white firefighters in a case that could force changes in employment practices nationwide.


The case from New Haven, Conn., pits white firefighters, who showed up at the court Wednesday in their dress uniforms, against the city over its decision to scrap a promotion exam because no African-Americans and only two Hispanic firefighters were likely to be made lieutenants or captains based on the results.

As is often the case with closely fought social issues at the court, Justice Anthony Kennedy appeared to hold the key to the outcome. He seemed concerned that New Haven scuttled the test without determining that there were flaws that might have led to the racially disproportionate results.

"So shouldn't there be some standard that there has to be a significant, a strong showing after the test has been taken that it's deficient? Before it can be set aside?" he said.

Kennedy often frowns on racial classifications, yet he is not as opposed to drawing distinctions on the basis of race as his more conservative colleagues.

But where Kennedy saw shades of gray, the rest of the court seemed to view the case clearly in terms of black and white.



Man jailed for dodging child support for 14 kids
Legal PR | 2009/04/12 16:31

Authorities in Michigan say a man fathered 14 children with 13 different women and owes more than $530,000 in unpaid child support.


The Flint Journal reports 42-year-old Thomas Frazier was jailed Thursday. Court records say he hasn't made a support payment in six years.

The newspaper says the unemployed man could be held for 90 days if he doesn't pay $27,900.

Frazier says he thinks he fathered only three of the children and that it's unrealistic for authorities to expect him to pay child support that was $3,000 a month at one point.

Frazier remains held at the Genesee County Jail. It wasn't immediately clear if he had a lawyer who could speak for him.



Barnhill & Vayernov Investigating Insight Enterprises, Inc.
Legal PR | 2009/02/12 17:38

Barnhill & Vaynerov LLP today announced that it is investigating potential claims against Insight Enterprises, Inc. ("Insight Enterprises" or the "Company") (Nasdaq:NSIT), on behalf of investors. The investigation pertains to possible securities violations related to public statements made by the Company between March 11, 2004 and February 6, 2009, in light of the Company's disclosure that it will have to restate its previously reported earnings.

On February 9, 2009, Insight Enterprises's stock declined nearly 50% after the Company shocked the market by revealing that it expects to restate financial statements included in the Company's most recently filed Annual Report on Form 10-K, for the year ended December 31, 2007, and in the Quarterly Reports on Form 10-Q for the first three quarters of fiscal year 2008. According to the Company, the restatement will also include a material reduction of retained earnings as of December 31, 2004, related to the accumulation of such errors in prior periods. Insight Enterprises has disclosed that the cumulative effect of the restatement is expected to be $50 million to $70 million. On this news, Insight Enterprises shares declined by $2.85 per share, more than 48%, to close on February 9, 2009 at $3.05 per share, on unusually heavy volume.

If you purchased or acquired Insight Enterprises common stock between March 11, 2004 and February 6, 2009, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Maxim Vaynerov, Esquire, of Barnhill & Vaynerov LLP, 8200 Wilshire Boulevard, Suite 400, Beverly Hills, California 90211, by telephone at (310) 943-8989, or by email to Vaynerov@aol.com.


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