Nov 23, 2024

News Nov 9, 2016

Yahoo Faces ‘At Least’ 23 Lawsuits Over Its Massive Data Breach

In September, Yahoo announced that at least 500 million user account credentials had been stolen from it in late 2014. Yahoo offered more details on the security breach’s effect on its business in an SEC filing on Wednesday. Although the company says it only spent $1 million related to the breach last quarter, it admitted that the breach may “cause users and customers to curtail or stop using our products and services.” CEO Marissa Mayer said last month that she was …

News Nov 9, 2016

Trump University Trial Set to Begin Later This Month

One of the class-action lawsuits against Donald Trump and Trump University is scheduled to go to trial this month, weeks after Trump became President-elect of the United States. The lawsuits allege the former university, which took in over $40 million, was fraudulent and deceptive. Trump denies the allegations.

News Nov 9, 2016

Williamtown Residents Forced to Take Class Action

Commenting on the class action lawsuit filed against the Department of Defence this week, Greens NSW Senator Lee Rhiannon said the Department’s failure to properly act on this issue has forced local residents to take action. “It should never have come to this,” Senator Rhiannon said. “After over a year of anguish, patience and stoic resilience, residents in Williamtown feel that they have …

Class-Actions Nov 9, 2016

Samsung Hit With Class-Action Lawsuit Over Note 7 in Canada

Samsung really can’t seem to catch a break. The company has been hit with a class-action lawsuit in the US , and they are also facing legal action in Korea , and now it looks like customers in Canada are filing a class-action lawsuit against the company in Canada following the spate of Galaxy Note 7 explosions. According to the lawsuit, customers are seeking compensation in the form of damages, …

Class-Actions, Notices Nov 9, 2016

Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against InfuSystem Holdings, Inc. (INFU)

Gainey McKenna & Egleston announces that a class action lawsuit has been filed against InfuSystem Holdings, Inc. (“InfuSystem” or the “Company”) (NYSE:INFU) in the United States District Court for the Central District of California on behalf of purchasers of common stock of InfuSystem between May 12, 2015 and November 7, 2016, inclusive (the “Class Period”). According …

News Nov 9, 2016

Oakey Water Crisis: 500 Take on Defence in Court

MORE than 500 residents caught up in the Oakey water contamination crisis could be part of a possible class action suit against the Department of Defence. Shine Lawyers partner Peter Shannon said he had received overwhelming interest in legal action, more than two years after the Department first raised concerns about the presence of toxic chemicals from a nearby army base. The revelations come …

Notices Nov 9, 2016

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Twitter, Inc. Of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 15, 2016

The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Twitter, Inc. (“Twitter”) (NYSE: TWTR) between February 6, 2015 and July 28, 2015 . You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. To …

News Nov 9, 2016

Exxon Misled Investors About Climate Risks, Suit Says

ExxonMobil Corp. is misleading investors about the drop in its oil and gas reserves resulting from climate change risks and the decline in oil prices, according to a class action lawsuit filed in federal court ( Ramirez v. ExxonMobil Corp. , N.D. Tex., No. 16-cv-03111, complaint 11/7/16 ).

News Nov 9, 2016

Walgreen Seeks $140 Million From Theranos in Breach-Of-Contract Lawsuit

Drugstore giant Walgreen Co. sued its former lab-testing partner Theranos Inc. in federal court in Delaware, alleging it breached a contract between the two companies, court records show. The Walgreens Boots Alliance Inc. WBA, +1.81% unit seeks $140 million in damages, the court records show. That amount represents what it invested in Theranos, according to people familiar with the situation.

News Nov 9, 2016

Illinois Abuse Victim’s Lawsuit Against ex-U.S. House Speaker to Proceed

A sexual abuse victim will continue to try to collect $1.8 million from former U.S. House Speaker Dennis Hastert, the victim’s attorney said on Tuesday, after an Illinois judge denied Hastert’s motion to dismiss a breach-of-contract lawsuit. The plaintiff, identified in court documents as James Doe, claims that Hastert agreed to pay him $3.5 million as …