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Hardison & Cochran Recognized on 2017 Best Law Firms List

North Carolina law firm listed in the field of Workers Compensation for Raleigh area

RALEIGH, NC, November 15, 2016 /24-7PressRelease/ — For the third year in a row, Hardison & Cochran, Attorneys at Law has been named to the Best Law Firms list in the annual rankings compiled by U.S. News and Best Lawyers.

Hardison & Cochran is listed on the Best Law Firms’ list in the field of Workers’ Compensation–claimants for the Raleigh metropolitan area.

The firms included on the 2017 Best Law Firms list are recognized for professional excellence, breadth of legal knowledge and consistently impressive reviews from clients and legal peers. The rankings are based on a rigorous evaluation that includes the collection of client and lawyer evaluations, reviews from leading attorneys in the practice area, and information provided by the firm as part of the submission process.

Among the criteria to be named to the Best Law Firms list, a firm must have at least one lawyer included in the latest edition of The Best Lawyers in America, which recognizes the top 4 percent of practicing attorneys in the United States. Firms are eligible for listing in the categories in which they have attorneys named.

Benjamin T. Cochran, managing partner of Hardison & Cochran, was recently listed in The Best Lawyers in America 2017 in the “Workers’ Compensation – Claimants” practice area. Mr. Cochran is a Board Certified Specialist in North Carolina Workers’ Compensation Law and has been recognized by Best Lawyers each year since 2014.

Hardison & Cochran represents workers who have been injured on the job, disabled people seeking Social Security Disability Insurance benefits and victims of personal injury accidents in Raleigh and throughout North Carolina. The law firm focuses on helping the people of North Carolina, not big corporations or insurance companies.

About Hardison & Cochran, Attorneys at Law

Hardison & Cochran, Attorneys at Law is a highly respected North Carolina personal injury, workers’ compensation, Social Security Disability law firm with offices in Raleigh, Durham, Fayetteville, Dunn, Greensboro, Southern Pines and Wilmington. The firm’s practice areas include workplace accidents, car accidents, truck accidents, motorcycle accidents, boating accidents, dog bites, dangerous drugs, defective medical devices, and nursing home abuse and negligence. For more information, call the firm toll-free at (800) 434-8399 or use the firm’s online contact form.

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UK passes the ‘most extreme surveillance law ever passed in a democracy’

Nov 17, 2016 – 05:15 PM UTC — AAPL: 109.95 (-0.04, -0.04%) | NASDAQ: 5333.97 (+39.39, +0.74%)

“The UK has just passed a massive expansion in surveillance powers, which critics have called ‘terrifying’ and ‘dangerous,’” Zack Whittaker reports for ZDNet. “The new law, dubbed the “snoopers’ charter”, was introduced by then-home secretary Theresa May in 2012, and took two attempts to get passed into law following breakdowns in the previous coalition government.”

“Four years and a general election later — May is now prime minister — the bill was finalized and passed on Wednesday by both parliamentary houses,” Whittaker reports. “But civil liberties groups have long criticized the bill, with some arguing that the law will let the UK government ‘document everything we do online.’”

“It’s no wonder, because it basically does,” Whittaker reports. “The law will force internet providers to record every internet customer’s top-level web history in real-time for up to a year, which can be accessed by numerous government departments; force companies to decrypt data on demand — though the government has never been that clear on exactly how it forces foreign firms to do that that; and even disclose any new security features in products before they launch. Not only that, the law also gives the intelligence agencies the power to hack into computers and devices of citizens (known as equipment interference), although some protected professions — such as journalists and medical staff — are layered with marginally better protections.”

Read more in the full article here.

MacDailyNews Take: Fools.

Look like Airstrip One was already too far gone. It’s not enough that every Brit alive has at least one government camera shoved up their ass 24/7/365?

Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety. – Benjamin Franklin

Apple teams up with other tech firms attack UK government’s Investigatory Powers Bill – March 26, 2016
UK’s Orwellian ‘Investigatory Powers Bill’ seeks to track every Brit’s online activity – February 9, 2016
Apple makes a strong case for strong encryption; some politicians don’t know what they’re talking about – December 22, 2015
Wikipedia founder: Apple should stop selling iPhones in the UK if ‘stupid’ new law banning Apple encryption is enacted – November 4, 2015
UK Prime Minister Cameron backs law to make Apple’s iPhone encryption illegal – November 3, 2015

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Anderson Lloyd success at New Zealand Law Awards

November 18 2016

Anderson Lloyd success at New
Zealand Law Awards

Anderson Lloyd is celebrating
a third consecutive win as Best Mid-Sized Law Firm of The
Year, following last night’s New Zealand Law Awards in

Anderson Lloyd also won the prestigious Employer
of Choice Award, for firms with more than 100 staff.

important recognition is a reflection of the efforts of all
our partners and staff,” says Anderson Lloyd chairman of
partners, Frazer Barton.

“The awards recognise our
contribution as a leading New Zealand law firm. This year we
have embarked on a new strategic direction which includes a
commitment to innovation, sustainability and community. We
are pleased to see this recognised in receiving both of
these awards.

“We were also delighted to have been
nominated in Deal Team of the Year (more than 100
Employees), International Deal of the Year, M&A Deal of the
Year and Mid-Market Deal of the Year.

“With offices in
Auckland, Christchurch, Dunedin and Queenstown we are
providing a seamless legal service to New Zealand and
overseas clients and this is reflected in our

“The Employer of Choice Award reflects our strong
culture and our commitment to developing and supporting
staff. It is wonderful to see these efforts

© Scoop Media

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PR sector seeks law to regulate operations

Nation Media Group CEO Joe Muganda addresses the 2016 Public Relations Society of Kenya (PRSK) Summit at the Whitesands Beach Resort in Mombasa on November 17, 2016. PHOTO | KEVIN ODIT 

The Public Relations Society of Kenya (PRSK) is fine tuning a Bill to be presented in Parliament in readiness for establishment of a law to regulate the sector.

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The society is currently reviewing the Public Relations and Communications Bill, which will see establishment of an Act of Parliament to guide operations of PR practitioners.

Speaking during this year’s annual Summit at the Whitesands Beach Resort on Wednesday, PSRK chairperson Jane Gitau said with the growth of the public relations sector, there was need to set standards and regulations to instil professionalism.

They expect that the Bill will be presented in Parliament for debate early next year. Once in place, the Act will also see establishment of the Kenya Institute of Public Relations where PR practitioners will be trained.

“We would like to clean up our industry so that we hold one another accountable and get certified to work as PR practitioners. This will ensure there is ethics and accountability in the profession and that there is a way of skills and relationship building,” she said.

“It is necessary that we move towards regulation through an Act of Parliament. We also hope to set up an institute with the relevant curriculum that will train and certify public relations officers,” Ms Gitau said, adding that they had already held talks with the ICT ministry and relevant committees of the National Assembly.

She noted that whatever is being taught even in institutions of higher learning was not relevant to the practice of PR in the country, a situation the institute will seek to correct.

The Summit, which ends on Friday, is sponsored by the Nation Media Group, Kenya Ports Authority (KPA) and Kenya Civil Aviation Authority (KCAA).

Despite the growth of the PR sector in the country, many organisations have not taken it seriously, despite the important role it plays in maintaining the reputation of those institutions, the Summit heard.

Nation Media Group CEO Joe Muganda said the reputation of a company is key to the growth of the organisation and should be given the attention it deserves.

“The reputation of a company is priceless since it has been built over a period of time and it is paramount in ensuring that the organisation is alive. The mistake that some firms make is that they take their PR seriously only when there is a crisis,” he said.

“Reputation should be managed when everything is peaceful. If you are used to breaking promises don’t expect people to understand at the time of crisis,” Mr Muganda said.

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Des Moines Register: Law enforcement needlessly inflames pipeline protests

Eleven months ago, a group of armed militants piled into a couple of pickup trucks and headed for Malheur National Wildlife Refuge in Oregon. Once there, they took control of the headquarters building, stationed armed guards around the perimeter and began issuing ominous threats of violence unless the federal government relinquished control over 1.4 million acres of national forest.

Just for good measure, they named their merry band of flag-waving commandos the Citizens for Constitutional Freedom, underscoring their bizarre belief that as individuals we all have a constitutional right to simply take, at gunpoint, land and property that belongs to all of us collectively.

The government responded the same way parents react to a child’s tantrum: quiet patience. Authorities adopted a strategy of waiting out the offenders, at one point attempting to gently nudge them back into the real world by offering them a police escort out of the county if they’d just quit misbehaving.

But, as so often happens when the right to bear arms collides with one’s right to be stupid, the freedom fighters’ campaign ended in bloodshed. In a confrontation with police, one of the men was shot and killed as he reached into a pocket containing a loaded gun. After that, most of the rebels gave up, went home or were carted off to jail. Eleven pleaded guilty to an assortment of criminal charges, but a jury last month acquitted seven of them on conspiracy and weapons charges.

Now, contrast the manner in which law enforcement responded to the armed takeover of federal land in Oregon with the way it has responded to Native Americans and others protesting the Dakota Access pipeline. As currently planned, this pipeline will transport crude oil more than 1,100 miles from North Dakota to southern Illinois, and in the process it will cross a major waterway near the Standing Rock Sioux Indian reservation.

In September, shortly after construction workers bulldozed North Dakota land that tribal leaders consider sacred, protesters flooded into the area. As local police watched, a private security company used pepper spray and attack dogs on unarmed demonstrators. Local police later claimed the protesters were violent, swinging fence posts and brandishing knives, but the available video suggests otherwise.

That video, which was broadcast repeatedly on national television networks, prompted the police to issue an arrest warrant for the journalist who shot it. Amy Goodman of Democracy Now was charged with rioting — a charge that, thankfully, was later tossed out by a judge. McLean County State’s Attorney Ladd Erickson admitted that Goodman’s arrest was based in part on the content of her reporting. “She’s a protester, basically,” he said. “Everything she reported on was from the position of justifying the protest actions.”

Then, late last month, National Guard troops and police from a half-dozen states cleared out a protest camp that was blocking roads and highways. Using armored personnel carriers, they advanced on the protesters until a tribal elder physically placed himself between the demonstrators and the authorities, then turned to his people and said: “Go home. We’re here to fight the pipeline, not these people, and we can only win this with prayer.”

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There’s no question that many of the Dakota Access protesters are engaged in civil disobedience, so fines and citations are entirely justified. But the private security firms, the police and the prosecutors have gone far beyond that. Their actions are so heavy handed they seem designed to inflame the situation and to encourage violence. Several Native Americans have reportedly been jailed and strip-searched for minor offenses such as disorderly conduct.

When one compares that sort of overreaction to the government’s low-key response to the good ol’ boys who brandished guns while seizing a wildlife refuge, one has to wonder how much a role race plays in all of this. After all, the federal government has a long and thoroughly documented history of disrespecting the rights of Native Americans — right up to, and including, genocide.

The police and the National Guard have a duty to keep the peace in North Dakota, but they’re also obligated to use the minimum force necessary — not just to protect the rights of protesters, but also to avoid a needless escalation in hostilities.

As Amnesty International has already observed, “confronting men, women, and children while outfitted in gear more suited for the battlefield is a disproportionate response.”

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New York firms envision ways for the city to absorb 9 million residents

In his four-plus decades as New York City’s “master builder,” Robert Moses oversaw the construction of 13 bridges, 416 miles of parkways, 658 playgrounds and 150,000 housing units. In the decades since, even as city planners have done well “building back” much of what time, neglect and, in the case of the World Trade Center, terror had laid low, they have been hard-pressed to approve, let alone complete, any major infrastructure projects on the scale of what Moses accomplished. But as the city’s population surges toward 9 million, the time for thinking small is now past. Fortunately, there’s no shortage of big ideas to fill the void—which is why we asked a group of leading architects, designers and real estate experts to offer up some of their visions for the city’s future. So as we examine Moses’ complex legacy, and its impact on how things get built today, we also glimpse some possibilities to come, and take comfort in the prospect that we can make it here. 

Gensler's idea for a light rail from Jackson Heights to Brooklyn Army Terminal

BIG IDEA: Repurposing existing track beds to allow light-rail commuter lines and commercial development

With subway ridership bursting at the seams, Mayor Bill de Blasio has proposed creating a light-rail line to run from Astoria, Queens, to Sunset Park, Brooklyn. 

The folks at architectural and design firm Gensler want to take that idea a step further, proposing a high-powered, multimodal, 15-mile rail line from Jackson Heights to the Brooklyn Army Terminal by repurposing existing freight lines. By leveraging current infrastructure to support emergent commercial activity, the below-grade transportation corridor would effectively create new land to develop. The key is getting the tracks’ owner, the Long Island Rail Road, to share them.

“All the track you need for this project already exists. Economics wouldn’t be an obstacle.” 
—Oliver Schaper, Gensler director of planning and urban design

FX FOWLE's Halo Line that would provide suspended tram service

FX FOWLE's Halo Line that would provide suspended tram service

BIG IDEA: Suspended tram line encircling the five boroughs and parts of New Jersey

With an estimated 83% of new residents expected to plant their roots in the Bronx, Brooklyn and Queens during the next 25 years, the need for more transportation options to distant parts of the city will grow. FXFOWLE has devised an ambitious plan to create an entirely new transit system: a suspended tram that would encircle the city, connecting the five boroughs and the New Jersey side of the Hudson River. The 57-mile “halo line” would pass over several bodies of water by running along existing infrastructure, including the George Washington, Bayonne and Verrazano bridges. The tram’s construction would be less disruptive than subway expansions and provide a mode of transportation that is operable in the event of widespread flooding, which is becoming increasingly likely. Crucially, it would provide new routes to LaGuardia Airport, Hunts Point Market and other hubs and spur development in far-flung areas such as St. George, Flatbush and East New York. The system would be within a half-mile of 1.7 million residents.

“If you look at New York City and other cities around the world, they’re investing in transportation infrastructure that really spurs growth and development.”
—Jack Robbins, FXFOWLE principal

South Bronx development proposed over Metro-North rail line proposed by Curtis+Ginsberg

Curtis + Ginsberg
Develop airspace above Metro-North rail beds to increase housing and unite neighborhoods
$780M per mile, $5B to $6B for maximum development

Back in the 1970s, the New York City Housing Authority helped champion an innovative development in the South Bronx. Using air rights over the Harlem Metro-North rail line, three buildings known as Morrisania Air Rights housing were built on steel-lattice frames over the sunken rail bed. As the number of new residents strains the city’s housing stock, Curtis + Ginsberg Architects proposes continuing to build over the remaining seven miles of that same Bronx rail cut. The 60-foot-wide railway is easier to span than the massive layout Hudson Yards is building over, and the prefabricated buildings would absorb the sounds from trains, unlocking the potential for commercial and green spaces on the surrounding underdeveloped land. The 16,000 potential units could house 46,000 residents, and the development would bridge the neighborhoods that have been separated by the train tracks for more than a century.

“A lot of major infrastructure projects create divisions and boundaries. This can help stitch neighborhoods together.”
—Matthew Melody, Curtis + Ginsberg senior associate

BIG IDEA: Rezoning Newtown Creek area for “makers”

Newcomers are flocking to New York for jobs in the creative and entertainment industries, with Brooklyn seeing a 23% growth in information-sector jobs last year. The city’s current residents need good jobs close to inexpensive housing. Perkins+Will proposes converting 50 million square feet of heavy-industrial areas around Newtown Creek, which forms part of the boundary between Brooklyn and Queens, to light-industrial use, with workshops housed in mixed-use developments that include affordable housing. Freight barges and trains would transport goods out of the area, with a streetcar or bus line along the commercial corridor for residents and visitors. Flood risks would be mitigated through a combination of raised berms and “sponge” zones designed to absorb storm surges. Robert Goodwin, New York design director at Perkins+Will, says new cycling and pedestrian paths would be installed on top, making the nine miles of new waterfront space reminiscent of Dutch dikes.

“Heavy industry really isn’t job-supplying. If you put a lot of oil tanks there, it uses a lot of land and doesn’t provide many jobs. So use that land for starting up businesses.”
-Robert Goodwin, New York design director at Perkins+Will’s New York office

BIG IDEA: Shrinking the city’s highways in advance of impending automation, and reclaiming surplus space for public use and commercial development

If the future really is one full of self-driving cars, computer-directed trucks and sky-riding drones, doesn’t that mean there will be a lot less need for the city’s choked highways? The designers at Skidmore, Owings & Merrill are preparing for that future with a radical reimagining of one of Robert Moses’ least-loved legacies: the invariably jammed Brooklyn-Queens Expressway. Envisioning the world’s first “autonomous electric superhighway” that generates its own power to propel vehicles, the designers call for burying the portion of the roadway that slinks past Cobble Hill and covering it with new housing. The remaining elevated portion would be shrunk to three lanes—half its current width—and replaced with at-grade boulevards, parks and commercial and residential development. The unused roadway surplus would provide a 400-acre windfall of new open space.

BIG IDEA: Extend the No. 1 subway to Red Hook, Brooklyn

Red Hook has long been underserved by public transit, and as a result, the Brooklyn neighborhood has not grown as much as many nearby communities. But its waterfront real estate has real value, and AECOM has a plan to get more out of it. For roughly $3 billion, the No. 1 train could be extended across the East River, with stations popping up at Atlantic Basin adjacent to the container terminal, at the Red Hook Houses and at the Fourth Avenue connection to the F, G and R subways. That would open the way for 45,000 more residential units. Ancillary benefits include acres of parkland, a revitalized industrial port and flood protections to guard against the kind of damage the neighborhood sustained during Superstorm Sandy.

“This is a canvas where we can create tens of thousands of housing units without pushing people further to the periphery of the city.”
—Christopher Ward, AECOM senior vice president

BIG IDEA: Converting waste-transfer stations into eco-friendly fuel producers

In his OneNYC plan, Mayor Bill de Blasio set a target of contributing zero waste to landfills by 2030. Right now, this goal seems distant, as the city recycles or composts just 25% of its solid waste. Much of the remainder gets sent to out-of-state landfills via four waterfront transfer stations located in Manhattan, Queens and Brooklyn. To make the process more sustainable, Dattner Architects suggests outfitting the stations with plasma arc technology, a process that converts solid waste into synthetic gas and other materials that can be sold for industrial and construction uses. Better yet, the process doesn’t release harmful combustion emissions into the atmosphere. In all, Dattner estimates that building the plasma infrastructure would cost $150 million to $200 million per location. But the potential impact of the project would be massive: If the system were instituted at the marine-transfer station in Manhattan and the land-based stations in the Bronx and Staten Island, all city residents and workers could participate in eco-positive waste disposal.

“The tech is at a point where it becomes realistic to consider it. The time to start discussing it is now.”
—Daniel Heuberger, Dattner principal

BIG IDEA: A hotel, residential, convention and park complex to bring the Javits Center to its full potential

A nearly five-acre pier jutting into the Hudson across the street from the Jacob K. Javits Center currently houses an NYPD tow pound that William Wachtel, founding partner at law firm Wachtel Missry LLP, said holds around 200 cars at a time. “It’s the world’s most expensive parking lot,” he said. Instead, Wachtel and architecture firm Kohn Pedersen Fox say the pier could feature nearly 1 million square feet of park space woven into Hudson River Park and the High Line, ballrooms and meeting rooms that could augment the Javits Center as well as a hotel, residential and retail complex. The whole thing could be connected via a footbridge that would run over the West Side Highway and connect to a point in the existing convention center that was originally designed with a pier extension in mind. The pier itself would be strong enough to support development of the mixed-use base and the hotel or condo towers and could be paid for in part by some form of partnership with a private developer. The project could integrate seamlessly with an expansion announced this year by Gov. Andrew Cuomo.

“This could be a natural extension of Hudson Yards.”
—A. Eugene Kohn, KPF chairman

BIG IDEA: Transforming unused space under elevated infrastructure into public plazas

Hundreds of miles of elevated highways, bridges, subway and commuter rail lines cut across New York City neighborhoods, and the areas beneath them are often poorly lit and unappealing—and sometimes dangerous. But rather than gritty barriers that divide neighborhoods, like the Brooklyn Queens-Expressway in Sunset Park or the elevated No. 2 and No. 5 lines in the Bronx, the Design Trust for Public Space sees these millions of square feet of publicly owned land as an enormous asset. The nonprofit envisions green, brightly lit pedestrian plazas that would knit neighborhoods and residents together. Storm-water runoff from highways could feed lush plantings below—which would have the dual benefit of absorbing CO2 pollution from the traffic passing above. The trust has already tested out its idea with several pilot projects, and is currently working with the city to develop a municipal El-Space Program that would help communities across the five boroughs replicate their results.

“The possibilities are endless.”
—Ozgur Gungor, DTPS communications manager

BIG IDEA: Adding multiuse buildings  to underused schoolyards
ESTIMATED COST: $50M per project

Many of the city’s public schools are low-rise buildings adjacent to big open spaces.SLCE Architects proposes to build multipurpose structures in their courtyards. Unused areas and air rights could be sold and leased to housing developers, with building heights limited per neighborhood norms.

“If you go into districts in Queens and Staten Island with private houses, saying you’re going to build a 40-story building, it’s never going to happen,” says Saky Yakas, a partner at SLCE. “You have to consider the neighborhood and its scale. These would be mid-rise buildings rather than high-rise buildings.”

With about 850 New York City schools ripe for such development, SLCE estimates that the new buildings could house 255,000 people, with many of the units devoted to affordable housing. The new developments could be a boost to schools, too. At P.S. 40 Edward K. Ellington in Jamaica, for instance, student capacity would be increased by 37% without sacrificing much playground space.

“This could be a win-win situation if you can get the bureaucrats to sit down and figure out some way to implement it.”
Saky Yakas, SLCE partner

BIG IDEA: Enhancing private developments with more public space

Gentrification often creates a divide between new and old residents, but it doesn’t have to be that way. ODA New York envisions a new type of development rising in trendy Bushwick, Brooklyn—a multifaceted apartment complex that doubles as a public space. Set on the former site of the Rheingold brewery, the new structure would house 1,500 to 2,000 people while accommodating many more. Nearby residents of Bushwick and Williamsburg could use the site’s ample public facilities including park space and coffee shops.

“The old formula for large residential projects was luxury by segregation,” said Eran Chen, executive director of ODA. “Dead-end boxes with amenities available only to the people living there. People today are interested in buildings that are connected to their environment and neighborhoods.”

Chen estimates that construction will cost $360 million. ODA has already submitted plans, including rezoning requests, that are in the early public-review stages.

“Not only do I think it’ll be less disruptive to the neighborhood, it’ll be a place of engagement, a place to be.”
—Eran Chen, ODA New York executive director

BIG IDEA: Turning subway stations into places to linger
ESTIMATED COST: $10 million per station

Traditionally, the sole purpose of a subway station is for riders to hop on and off trains. But Perkins Eastman envisions subway stops as destinations. At the Bowery–East Houston Street intersection, for instance, a sunken amphitheater and rotunda could be built to minimize the congestion at the nearby Second Avenue F stop. Plus, diverting cars into a roundabout would make the streets safer. The company figures the Bowery/Houston rotunda would cost at least $10 million.

If enough subway stops are adapted into destinations, many New Yorkers would benefit. More than 5.8 million riders used the Second Avenue stop last year, and many more pedestrians passed through the area. A new hangout there could lead to additional development and heightened property values.

“I don’t think anyone thinks private automobiles will dominate the public realm in the next 100 years. There’s an emphasis on quality of life in the public realm, and the goal is to repurpose the transit system.”
—Jonathan Cohn, principal at Perkins Eastman


BIG IDEA Rediscovering the forgotten borough

Through New York’s building boom, Staten Island has largely been left on the sidelines. But CetraRuddy Architecture sees wide opportunity in the borough, and has a multifaceted plan. Residents could find new homes when a community—Staten Island City—is constructed on the west shore near the Goethals Bridge. With the installation of 150,000 units in this new neighborhood, Staten Island’s housing stock would increase by 38%. Moving eastward, CetraRuddy proposes a tech campus and cultural hub within the renovated Fresh Kills Park. As far as transportation, a rail line along the northern and western parts of the island could be revitalized, increasing density along station stops. And with increased ferry service, Staten Island could start to feel more like an integral hub than New York’s forgotten borough.

“Staten Island is a borough that hasn’t been looked at in a visionary way. But it can be more than a community of residents. It can be a place to live, work and play in the future.”—Theresa Genovese, principal at CetraRuddy

Correction: Ozgur Gungor’s name was misspelled in an earlier version of this article published online Oct. 30, 2016.

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Pomerantz Law Firm Announces the Filing of a Class Action against Alexion Pharmaceuticals, Inc. and Certain Officers – ALXN

NEW YORK, Nov. 17, 2016 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Alexion Pharmaceuticals, Inc. (“Alexion” or the “Company”)(NASDAQ:ALXN) and certain of its officers.   The class action, filed in United States District Court, Southern District of New York, and docketed under 16-cv-08946, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired Alexion between February 10, 2014 and November 9, 2016, both dates inclusive (the “Class Period”), seeking to recover compensable damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder.

If you are a shareholder who purchased Alexion during the Class Period, you have until January 17, 2017 to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at   To discuss this action, contact Robert S. Willoughby at or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased. 

[Click here to join this class action]

Alexion, a biopharmaceutical company, develops and commercializes therapeutic products. Among the Company’s products is Soliris (eculizumab), a monoclonal antibody for the treatment of paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder, and atypical hemolytic uremic syndrome (aHUS), a genetic disease.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Alexion employed improper sales practices with respect to Soliris; (ii) consequently, the Company’s revenues from Soliris sales were unlikely to be sustainable; and (iii) as a result of the foregoing, Alexion’s public statements were materially false and misleading at all relevant times. 

On November 4, 2016, Alexion cancelled an appearance at the Credit Suisse Healthcare Conference, scheduled for November 6-8, 2016, telling Leerink Partners LLC only that “something came up.”  Following the cancellation, analysts noted that Alexion had also failed to file its Quarterly Report on Form 10-Q with the SEC within two days of its earnings announcement on October 27, 2016, a break from the Company’s historical practice.

On this news, Alexion’s share price fell $8.95, or 6.94%, to close at $120.05 on November 7, 2016, the following trading day.

On November 9, 2016, post-market, Alexion issued a press release and filed a Current Report on Form 8-K with the SEC concerning certain of the Company’s financial and operating results for the quarter ended September 30, 2016 (the “Q3 2016 8-K”) and filed a Form NT 10-Q with the SEC (the “Q3 2016 NT 10-Q”), announcing that the Company would not be able to timely file its financial and operating results for the quarter ended September 30, 2016.

On this news, Alexion’s share price fell $0.28, or 0.22%, to close at $126.88 on November 10, 2016.  As the market continued to digest the significance of Alexion’s announced investigation, Alexion’s share price fell an additional $13.26, or 10.45%, to close at $113.62 on November 11, 2016.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See


Robert S. Willoughby
Pomerantz LLP

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Law firm 'said it could access NI Executive'

The investment fund which bought Nama’s Northern Ireland portfolio was told by a law firm that it could get them “access” to the NI Executive, an Irish parliamentary committee has heard.

Cerberus bought the loan portfolio for £1.3bn in 2014.

It paid a £15m “success fee” to the Brown Rudnick law firm for work it had done on the portfolio.

Brown Rudnick also claimed it could help Cerberus “position itself effectively with key stakeholders”.

Cerberus chief operating officer Mark Neporent said Brown Rudnick claimed that they could get access to the executive via the Belfast law firm Tughans.

“They told us they could get us access to other stakeholders… the Northern Ireland Executive, people in the Republic,” he said.

Mr Neporent is giving evidence to the Public Accounts Committee in Dublin.

Cerberus agreed to hire Brown Rudnick on 24 March 2014 and on 25 March the Cerberus chairman Dan Quayle met First Minister Peter Robinson at Stormont.

Mr Neporent agreed with committee member Mary Lou McDonald that Brown Rudnick “were as good as their word” in getting access.

Nama, an Irish state agency, was established in 2009 to take control of billions of euro of bad property loans which were damaging the Irish banks.

Controversy has surrounded the sales process.

Brown Rudnick and Tughans had previously been working with another fund, Pimco, which was bidding for the portfolio.

Pimco withdrew from the bidding process when it emerged that its fee arrangement with the firms was to involve a payment to Frank Cushnahan, a former Nama advisor.

Cerberus then engaged Brown Rudnick on what it terms “a success fee only basis”, meaning a fee would only be paid if the deal was done.

Brown Rudnick agreed to share the success fee with Tughans.

Cerberus said it received “express confirmation” from both firms that no fee or commission was payable to any current or former Nama advisors.

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Law firms slam council's 'deeply concerning' decision to award Asons a secret £300,000 grant

TWO of Bolton’s top solicitor firms have slammed a decision by council chiefs to give Asons a grant of £300,000 and called on the firm to hand the cash back.

Company partners are also now demanding a full investigation into the decision taken by council chiefs to award the grant.

News of the secret deal, which was agreed in private using what is known as the Emergency Powers procedure, has caused outrage since it was revealed by The Bolton News on Saturday.

Council accused of running ‘dictatorship’ after secretly approving £300,000 grant to town centre law firm

The cash has been granted to Asons to help with ‘development costs’ associated with their move to the Newspaper House building in Churchgate.

Amongst those angered by the news are bosses at other town centre law firms.

Craig Morris is a partner at Fieldings Porter, based in Silverwell Street.

He described the decision to award Asons the money as ‘deeply concerning’ and said ‘none of it makes any sense’.

Mr Morris said: “The starting point in all of this is that most lawyers live a comfortable life in comparison to many other people who are struggling through the back end of years of public austerity.

“We shouldn’t be at the front of the queue for public handouts, there are far more deserving causes and the focus for successful law firms should be what we can put back into the local community.”

Fieldings Porter has operated in Bolton for 145 years and Mr Morris said his firm ‘wouldn’t dream of asking the council to subsidise our firm’.

He added: “Five years ago we expanded into Manchester which involved us acquiring new leasehold premises. We performed due diligence and made sure that they were fit for purpose.

“If they hadn’t been we wouldn’t have gone to Manchester City Council to seek a grant, it was our responsibility as business owners to get that right.

“£300,000 is a huge sum of money that could be used for a whole host of important things. It’s temporary accommodation with a social landlord for 50 families. It could fund all school crossing patrols for a year or be used a contribution to social care. There are endless possibilities that are much better uses of public money than this.

“That kind of money could have made a substantial difference to a dozen local businesses or funded 30 apprenticeships.

“For me this is not a political issue, it is one of the proper management of public funds. I cannot believe that the wider labour group has approved this payment and I would call on them and the council as a whole to conduct a formal transparent investigation into this payment.”

He also appealed personally to Asons boss Dr Imran Akram, adding: “We both run successful law firms.

“Please reflect on the fact that this is public money and in accepting the same there are so many other things that the money cannot now be used for. Your business shouldn’t need this cash. Pay it back. It’s the best thing you will do all year.”

Council leader aims to reassure public and calls for full independent audit of decision to award Asons £300,000

EXPLAINER: What are Emergency Powers and why did Bolton Council use them to award Asons £300,000?​

Asons grant: Why Bolton Council gave law firm £300,000 and what it expects in return

Stephen Crompton, joint managing partner at Russell and Russell is also very concerned about the grant.

He said: “This is extremely worrying. Law firms up and down the country have been subjected to the same challenging market conditions as Asons, so why has it been given preferential funding?

“The legal changes relating to personal injury claims is the same for all firms dealing in that area of law, ourselves included, yet we haven’t – and nor do we expect to – receive handouts from the council.

“Any firm worth its salt will adapt to changing conditions and plan accordingly, not expect the public to fund the refurbishment of their office accommodation.

“We have recently invested our own money in a new development on Newport Street in the town centre.

“The fit out of the office space there has cost a significant amount of money, but Russell and Russell is committed to Bolton and we want to remain a local employer and create jobs for local people, not fleece the public purse.

“I’d be very interested to understand on what basis the grant was given.

“When the Bolton News vacated the building, the office space was brought up to standard for selling on or leasing, so why it has taken a further £300,000 to make the place fit for purpose?

He added: “More importantly, is installing a games room and a roof terrace an ethical, and moral, use of public money when there are much needed care homes and children’s centres being threatened with closure because of the lack of funding?”

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