CFPB Estimates 1,200 More Class Actions a Year Under Anti-Arbitration Rule
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Aug 1, 2016
Hans Zimmer Scores Win in ’12 Years a Slave’ Copyright Lawsuit
Batman v Superman composer Hans Zimmer is seeing his own dawn of justice, as a man who was suing him has not only dropped his lawsuit but also apologized and wrote him a check. Composer Richard Friedman sued Zimmer in 2015, claiming the principal music from 12 Years a Slave copied his 2004 work entitled “To Our Fallen.” Friedman voluntarily dismissed his claims on Tuesday.
Feds Must Respond to Lawsuit Claiming IRS “Peeping Toms” Raided Health Records
More than three years ago, a mysterious company filed a mysterious lawsuit against “John Does 1-15” with a pretty outrageous claim. The lawsuit alleged that the IRS raided the company on March 11, 2011, and that agents in the course of an investigation of a former employee stole more than 60 million medical records of more than 10 million Americans. “After being put on notice of the illicit …
ESPN Can’t Get Out of NFL Player’s Privacy Lawsuit Over Reporter’s Tweet
ESPN is no Gawker, but the sports giant is now facing the prospect of a trial in Florida that has shades of the litigation brought by Hulk Hogan over an invasion of privacy. New York Giants defensive end Jason Pierre-Paul is suing ESPN and star reporter Adam Schefter over a tweet that revealed an amputated right finger as a result of a July 4 celebration last year. The NFL star asserts he …
AEP INDUSTRIES (AEPI) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of AEP Industries Inc.; Are Shareholders Getting a Fair Deal?
SAN DIEGO, Aug. 25, 2016 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of AEP Industries Inc. (AEPI) breached their fiduciary duties in connection with the proposed sale of the Company to Berry Plastics Group, Inc. (BERY). AEP manufactures and markets flexible plastic packaging films in North America. Johnson & …
Starbucks Iced Drink Lawsuit Will Not Have Its Day in Court
Starbucks’ legal department ought to be sipping celebratory Frappuccinos right now, because a proposed class-action lawsuit against the coffee giant was just dismissed. Filed back in May in California federal court, the suit alleged Starbucks misrepresents the size of its iced beverages: While the menu advertises a tall as 12 ounces and a grande as 16 ounces, et al, the plaintiffs said that …
U.S. Appeals Court Strikes Down Ernst & Young Class Action Waiver
Ernst & Young LLP [ERNY.UL] cannot require its employees to give up their rights to pursue work-related claims together, a federal appeals court ruled on Monday, giving a major boost to the U.S. National Labor Relations Board’s campaign against so-called class action waivers. Companies have increasingly included provisions in employment contracts forcing workers to arbitrate …
CFPB Anti-Arbitration Rule Will Harm Consumers and FinTech
“Gotcha!” That’s what the Consumer Financial Protection Bureau (CFPB) claims binding arbitration clauses in consumer finance contracts often amount to. In these clauses, consumers agree to waive their rights to sue either as individually or in class actions, as both consumers and businesses agree to be bound by the rulings of an arbitration panel in the event of a dispute. In justifying his bureau’s proposed rule to ban such clauses, CFPB Director Richard Cordray calls
HALYARD SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead…
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 29, 2016 to file lead plaintiff applications in a securities class action lawsuit against Halyard Health, Inc. (NYSE:HYH) and Kimberly-Clark Corporation (NYSE:KMB), if they (i) purchased …
Judge Allows Class Action Worker Wage Theft Litigation to Proceed
A district judge in California ruled last week to allow a class action lawsuit alleging wage theft to go forward, even though he remained unconvinced that McDonald’s Corporation exercises enough control over working conditions in the franchise stores to be held liable for fair wage and overtime claims. Courthouse News Service reported last week, …