Thursday, January 26, 2017

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The deal, detailed in court papers filed in federal court in Manhattan, would resolve a long-running class action lawsuit brought by several plaintiffs who claimed they were issued summonses without probable cause that were later dismissed. "We have achieved a landmark settlement in a civil rights case that advances the cause of justice," said Elinor Sutton, a lawyer for the plaintiffs with the law firm Quinn Emanuel Urquart & Sullivan. The lawsuit alleged the summonses violated defendants' rights under the U.S. Constitution, including the Fourth Amendment, which requires that warrants be supported by probable cause. Under the ชุดนอนซีทรู settlement, the New York City Police Department will issue guidance to reiterate that the department does not use quotas to mandate that officers make a particular number of arrests, summonses or stops, the city's Law Department said. The city will set aside $56.5 million to pay a maximum of $150 per person covered by the deal per incident, according to court papers. Another $18.5 million would go toward paying attorneys' fees. Under the settlement, which must be approved by U.S. District Judge Robert Sweet, any amount not claimed will revert back to the city, meaning the total payout could be significantly less. The city also continues to deny the existence of a quota system. The deal came on top of other reforms enacted under Mayor Bill de Blasio, who in June signed a law that would give the NYPD the ability to issue civil rather than criminal summonses for certain quality-of-life offenses.

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We look forward to working with Golden Touch to promptly complete the transaction." Bruce Fischer, President of Golden Touch, added, "We are thrilled that the fine and accomplished Jaclyn team will be joining our family.Both of our companies have a culture built on honesty and integrity.We look forward to incorporating best practices ชุดนอนเซ็กซี่ facebook from each business to improve our ability to serve our customers." The proposed acquisition is expected to close in the first quarter of 2017, subject to the approval by Jaclyn's stockholders and the satisfaction or waiver of customary closing conditions.There is no financing condition to complete the proposed acquisition. Houlihan Capital, LLC is acting as financial advisor to the Special Committee, and has provided a fairness opinion in connection with the transaction to the Special Committee.Day Pitney LLP is acting as legal advisor to the Special Committee. Troutman Sanders LLP is acting as legal advisor to Jaclyn in connection with the proposed acquisition.Levy Holm Pellegrino & Drath LLP and Fried, Frank, Harris, Shriver & Jacobson LLP are acting as legal advisors to Golden Touch in connection with the proposed acquisition. Jaclyn, Inc. Jaclyn, Inc. is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premium incentives and related accessories. Website: jaclyninc.com Golden Touch Imports, Inc. Golden Touch Imports, Inc. has been in business since 1975.The company designs, produces, and distributes apparel to many major retailers, primarily in junior, missy, plus, and girls sizes.

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