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Hollywood Settles Beating Claim for $240,000

Paul Gozaloff, 45, a computer technician, was putting up campaign posters for presidential candidate Rudy Giuliani in Hollywood in 2008 when he went to a traffic stop while trying to find another campaign sign worker.

Ocwen, Assurant Deal Objectors Say 9th Circ. Is On Their Side

Objectors to a $140 million deal between homeowners, Ocwen Financial Corp., and Assurant Inc. over allegedly inflated force-placed insurance premiums asked a Florida federal court Thursday to consider a Ninth Circuit ruling pointing to “subtle signs” that class counsel, in that case, skewed a settlement in their own interest.

Borrowers Seek Final OK For $54M Deal In Nationstar Row

Borrowers accusing Nationstar Mortgage LLC of colluding with force-placed insurance providers to make lucrative profits asked a Florida federal judge on Monday to finalize a $54 million settlement of their class action, calling it an “extraordinary” result for the plaintiffs.

Miami Ultimate CEO Awards

As founding partner of Kozyak Tropin & Throckmorton and co-chair of the firm’s bankruptcy practice, John W. Kozyak has earned a host of professional accolades. He has been recognized in every edition of Best Lawyers In America since it was first published in 1983.

11th Circ. Told To Nix BofA $228M Force-Placed Insurance Deal

Two members of a settled class action accusing Bank of America NA of accusing the bank of overcharging homeowners for forceplaced insurance told the Eleventh Circuit on Tuesday that the $228 million deal shouldn’t have been approved because the settlement amount is illusory.

Allegedly abusive mortgage insurance deals lead to class action settlement

Anyone who has taken out a home mortgage knows that one of the borrower’s key responsibilities is to pay hazard insurance premiums on the property and not let the policy lapse. But are you aware that if you fail to keep the insurance current, or if the premiums aren’t paid from your escrow account, the lender or its mortgage servicer can obtain its own coverage, which may cost you more than the policy you originally chose?

Young leaders don’t want the top job

At a time when 10,000 boomers a day are retiring, businesses need young workers to lead their companies into the future. But only 11 percent of millennials said they aspire to senior level positions at their company, found a recent study by talent management firm Saba and WorkplaceTrends.com.

Champerty Clarified

By Lawrence V. Geber and David J. Karp Volume 27, Number 7   Click here for the original article.