Read about our firm and current or pending litigation and class action lawsuites in the local and national news.
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InfoSpace founder goes on offensive over court ruling
Wednesday, August 27, 2003. By JOHN COOK. SEATTLE POST-INTELLIGENCER REPORTER.
InfoSpace founder Naveen Jain, who was ordered to pay $247 million last week for violating insider trading laws, continues his legal and public relations fight. Yesterday, Jain’s public relations firm issued a news release that said the... -
InfoSpace founder ordered to pay up - $247 million up
Saturday, August 23, 2003. By DAN RICHMAN. SEATTLE POST-INTELLIGENCER REPORTER.
A federal court here ruled yesterday that Naveen Jain, the founder and former chief executive of Bellevue-based InfoSpace Inc. must pay $247 million to the company for violating securities laws. Naveen Jain. But an unrepentant Jain, along with his co-defendant wife... -
Services Group of America profit-sharing suit settled
Tuesday, July 29, 2003. By DREW DESILVER. SEATTLE TIMES BUSINESS REPORTER.
Officials of Services Group of America, the West Seattle conglomerate run by Thomas Stewart, have agreed to pay $1.75 million to settle a class-action lawsuit alleging mismanagement of the company profit-sharing retirement plan... -
Judge won’t reconsider; InfoSpace founder may owe $245 million
Friday, July 11, 2003. By DAN RICHMAN. SEATTLE POST-INTELLIGENCER REPORTER.
A court ruling yesterday left InfoSpace Inc. founder Naveen Jain one step closer to owing the company more than $200 million. U.S. District Judge Marsha Pechman declined to reconsider her mid-May ruling that Jain, who served as chief executive of the Bellevue Internet-service... -
Former InfoSpace CEO faces $200 million fine
Saturday, May 17, 2003. By JOHN COOK AND DAN RICHMAN. SEATTLE POST-INTELLIGENCER REPORTERS.
Naveen Jain always wanted to make it big. But the 43-year-old founder of InfoSpace Inc. never thought that could mean having to pay one of the biggest insider stock penalties in U.S. history. U.S. District Judge Marsha Pechman ruled Wednesday that Jain, who was chief... -
Group Health consumer lawsuits settled
Wednesday, February 12, 2003. By LARRY LANGE. SEATTLE POST-INTELLIGENCER REPORTER.
Group Health Cooperative will reimburse an estimated 100,000 of its members for alternative medical care under settlement terms reached for two lawsuits yesterday.Amy Avis of Silverdale is one member who will benefit.. She could receive hundreds of dollars for visits she made to a Kingston nat... -
InfoSpace execs face rare derivative suit
Wednesday, April 4, 2001. By JOHN COOK. SEATTLE POST-INTELLIGENCER REPORTER.
More than a dozen InfoSpace executives and board members, including founder Naveen Jain and former President Russell Horowitz, have been named in a $2 billion shareholders derivative suit that alleges illegal insider trading.The suit, filed in King County Superior Court on March 19, claims that exec... - Regence
Blue Shield to reimburse for alternative care
March 21, 2001. By JANE HADLEY. SEATTLE POST-INTELLIGENCER CONSUMER AFFAIRS REPORTER.
Up to 800,000 Regence Blue Shield subscribers who paid out of their own pockets to visit chiropractors, naturopaths or other alternative care providers would be reimbursed under a $30.4 million settlement announced yesterday... -
Government halts aid to Group Health home
Sunday, December 12, 1999. By MARSHA KING. SEATTLE TIMES STAFF REPORTER.
The Care Center has until Feb. 23 to fully comply with the law. If the nursing home is still substantially out of compliance, the Health Care Financing Administration will terminate...