Nov 28, 2024

45,000 Legal Claims Pending Against Federal Government

The Canadian government has as many as 45,000 legal claims — big and small — pending against it, representing a potential liability that stretches into the “hundreds of billions of dollars,” CBC News has learned. The breadth and potential depth of the litigation quagmire was the driving force behind the Trudeau government’s recent decision to establish a full cabinet committee to track the …




More Money Could Flow From Banksia Class Action

Former Banksia investors could win a further two cents in the dollar in Supreme Court settlement. Richmond Sinnott and Delahunty Accountants is among a number of parties as part of a possible settlement with former Banksia investors. FORMER investors in the failed financial institution Banksia could expect a moderate windfall in the coming months as a $13.25 million Supreme Court settlement …


Uber Wins Halt to N.Y. Price-Fixing Lawsuit During Appeal

A federal judge on Friday granted a request by Uber Technologies Inc and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute. Calling his decision a “close call,” U.S. District Judge Jed Rakoff in Manhattan said the defendants had not made a “strong …


Robbins Arroyo LLP: A Class Action Lawsuit Has Been Filed Against Suffolk Bancorp (SCNB)

SAN DIEGO & RIVERHEAD, N.Y.–(BUSINESS WIRE)–Shareholder rights law firm Robbins Arroyo LLP announcesthat a class action lawsuit has been filed against Suffolk Bancorp (NYSE: SCNB) in the Supreme Court for the State of New York, County of Suffolk. The complaint is brought on behalf of shareholders of Suffolk for alleged breaches of fiduciary duties in connection with the acquisition of the …





Is BCBS of Michigan’s Settlement Fair to Patients?

A deal involving Michigan’s largest health insurance company and dozens of hospitals cost patients and businesses an extra $118 million, an expert estimates. But those insurance customers will likely get little to no compensation from the consequential settlements, Target 8 …