Halliburton Case Would “Eviscerate” Shareholder Lawsuits

Some experts have pointed out an alarming trend in which the U.S. Supreme Court is cutting off individuals’ access to the justice system. They say that if the court finds with Halliburton in a particular class action suit, it could be the final nail in the coffin.

Carey L. Biron
By Carey L. Biron

WASHINGTON --- The U.S. Supreme Court this week heard oral arguments in a case that could overturn a quarter-century of precedent, severely weakening the ability of shareholders to band together to sue corporations over fraud. The case brought against oil giant Halliburton by a group of investors could have broad ramifications for individual

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Court Case Halted For Nepalis Killed While Working For US Military Contractor

“The most recent decision allows KBR to escape liability, claiming trafficking occurred outside of the territorial US.”

Carey L. Biron
By Carey L. Biron

WASHINGTON --- A federal judge in Texas has abruptly halted a long-running court battle brought by the families of 12 Nepalis killed while working for a U.S. military contractor in Iraq in 2004. The families of the 12 men had been asking the courts to allow them to sue Kellogg, Brown & Root, the former subsidiary of the oil services company

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Judge To Sentence Halliburton Manager In Oil Spill

The former Halliburton manager instructed employees to delete data for contract work on a blown-out BP well.

Associated Press
By Associated Press
BP's Deepwater Horizon

NEW ORLEANS (AP) — A former Halliburton manager faces a possible prison term when a federal judge sentences him for destroying evidence in the aftermath of BP's massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, of Katy, Texas, was scheduled to be sentenced Tuesday by U.S. District Judge Jay Zainey. Badalamenti pleaded guilty

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4 Examples Of Corporate Welfare In Action

For all the talk of free markets and cutting deficits, American taxpayers are picking up a lot of tabs for their corporate bosses.

Trisha Marczak
By Trisha Marczak

While corporations are often painted as the independent drivers of the U.S. economic system, the beacons of small government success aren’t always void of government help, with some reaping success at the hands of taxpayers. In 2012, the government spent just shy of $50 billion on public service programs, including food assistance and social

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That’s Rich: The One Percent’s Hypocritical Litmus Test Of ‘Violence’

Sorry, Mr. Trump, but white people commit violence, too — they just do it with wars and workplace accidents. But that’s beside the point.

Edward Rhymes
By Edward Rhymes

Donald Trump can always be counted on for a certain perspective. So when he, without context, asserted that our nation’s violent crime problem generates almost exclusively from the Black and Hispanic communities, it came as no surprise. Friday morning, New York City Mayor Michael Bloomberg seemed to echo Trump's remarks. What these statement

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