CARLSON LYNCH WINS $24 MILLION DOLLAR AWARD ON BEHALF OF CERTIFIED CLASS OF MORTGAGE BORROWERS FOLLOWING 13 DAY FEDERAL COURT ARBITRATION
On March 24, 2017, a three judge panel awarded $24 million dollars to a certified class of mortgage borrowers represented by Carlson Lynch.
The award followed a 13 day arbitration trial conducted in the federal courthouse in Pittsburgh. The panel of arbitrators included a former judge from the United States District Court for the Western District of Pennsylvania and two former litigation department heads at AmLaw 100 law firms.
Bruce Carlson was co-lead counsel for the class and Carlson along with his partner Gary Lynch led the Carlson Lynch trial team that tried the case. This arbitration award represented the culmination of more than ten years of litigation, including three trips to the United States Court of Appeals for the Third Circuit and the certification of a RICO class which was affirmed by the Third Circuit. Judge Arthur Schwab was the presiding judge in the District Court.
Target Credit and Debit Card Breach LawsuitsGary Lynch : March 21, 2014 8:00 pm
A massive data breach occurred when credit and debit card information from about 40 million Target shoppers was stolen. The Target Corporation announced that the track data was stolen as payment cards were swiped in its stores between November 27 and December 15, 2013. The Target breach resulted in millions of stolen credit and debit card account data allegedly being sold on the black market. Target has said hackers stole the personal information, including names, email addresses, phone numbers and home addresses of as many as 70 million customers.
A number of banks, credit unions and other entities that issued debit and credit cards, several of which are represented by Carlson Lynch, are now suing Target for the cost of canceling and reissuing cards, closing transactions or accounts, refunding or crediting cardholders for unauthorized transactions, and notifying customers of the data breach. The Target data breach has forced these institutions to pay millions of dollars to reissue compromised cards and repay customers whose accounts were struck with fraud. The banks and credit unions who have brought suit also seek damages for business lost as wary customers avoided making card purchases.
The class action suits brought by Carlson Lynch allege that Target knew or should have known that its payment processes were vulnerable to this sort of attack, yet the company failed to take adequate measures to protect sensitive data and did not inform customers or financial institutions about the ongoing attack for several weeks after it was discovered.
The cases assert that Target should be responsible because the company stored and maintained data from the magnetic stripe on customers’ cards for longer than 48 hours before the data was stolen. The 48-hour limit is imposed by Minnesota law. The lawsuits also claim that Target failed to adequately protect its’ customers’ data, and its misconduct regarding the confidential debit and credit cardholders’ information constitute deceptive acts and unfair trade practices.
The recently filed lawsuits seek monetary damages, attorney’s fees, and a finding that Target violated Minnesota law by maintaining customer account information longer than 48 hours, among other damages and remedies.
Unpaid Internships: Career Opportunity or Free Labor?Jamisen Etzel : March 15, 2013 2:29 pm
In the wake of the financial crisis of 2008 and subsequent economic downturn, a pernicious employment practice has emerged which victimizes people who try to advance their careers through an internship. As unemployment increased and hiring slowed, many companies converted paid internships into unpaid internships. Unpaid internships are not new, of course, but the practice is very widespread today, even in sectors where they were previously uncommon. An unpaid internship may be a great opportunity, but in some cases the employer may be using unpaid interns in ways which violate state and federal labor laws. In today’s difficult employment environment, potential interns must take steps to protect themselves from unfair labor practices by learning the difference between a legitimate internship and an exploitative one. In some cases, legal action is necessary to reclaim wages which should have been paid. Read More about Unpaid Internships...
ATM Accessibility For The Blind And Visually ImpairedBruce Carlson : March 15, 2013 2:06 pm
As technology has evolved and the manner in which retail banking services are delivered to the public has changed as a result, Automated Teller Machines (“ATMs”) have proliferated. However, it has been a challenge to ensure that the increasing convenience offered by an ever-expanding number of ATMs is also made available to disabled American consumers.
For example, to understand how difficult it would be for a blind person to use an ATM, a sighted individual need only close his or her eyes, approach the ATM and attempt to perform a banking transaction—any transaction. It is impossible to perform the transaction without vision because the input modalities for the transaction rely upon visual cues, which are of course meaningless to somebody who is blind.Read More about ATM Accessibility For The Blind And Visually Impaired...