Mar 1, 2017

Notices Mar 30, 2017

SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Walter Investment Management Corp. And Encourages Investors With Losses to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Walter Investment Management Corp. (“Walter” or the “Company”) (NYSE: WAC) concerning possible violations of federal securities laws between May 3, 2016 and March 13, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period …

News Mar 30, 2017

Florida Man Can’t Pause Cycle on Samsung ‘Exploding’ Washing Machine Lawsuit

Samsung was handed a rare win this week when a judge decided not to pause its defense of a lawsuit over faulty washing machines. Judge Donald Middlebrooks of the Florida Southern US District Court this week denied a request from Plaintiff Kenneth Menzer that his class-action lawsuit against the Korean electronics giant be put on hold so he can decide whether to hop on board an identical class …

Class-Actions Mar 30, 2017

A Rare Class-Action Victory Over Wells Fargo’s Fake Accounts Proves Binding Arbitration Sucks

Wells Fargo got caught ripping off millions of customers by setting up fake accounts in their names, then billing them for “services” related to those accounts, sometimes tanking their credit-ratings, costing them jobs, even their houses — but the company says you’re not allowed to sue them because their employees fraudulently signed your name to a “binding arbitration” agreement that forces …

Lawsuits Mar 30, 2017

Big Pharma Played Outsize Role in Woman’s Fentanyl-Related Death, Lawsuit Argues

Sarah Fuller’s doctor asked her to come in to discuss a new prescription for her chronic pain, but a drug company sales rep did most of the talking. “She didn’t say anything about risk,” said David Fuller, who accompanied his 32-year-old daughter to the Cherry Hill medical office. Sarah was given Subsys, a fast-acting opioid that is 50 times more potent than heroin.

Legal News Mar 30, 2017

Texas Judge Kicks Exxon Climate Lawsuit to New York Court

A federal judge in Texas on Wednesday kicked an Exxon Mobil Corp lawsuit seeking to thwart two states from pursuing a fraud case over climate change to a Manhattan court, saying his court wasn’t the best place to resolve the dispute. A group of state attorneys general, led by New York’s Eric Schneiderman, brought a securities fraud suit against the world’s largest publicly …

Legal News Mar 29, 2017

U.S. Judge to Consider Objection to Trump University Settlement

A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of fraud lawsuits against President Donald Trump over his Trump University real estate investment seminars, with at least one former student objecting to the deal. Sherri Simpson of Fort Lauderdale, Florida, who paid $19,000 to learn Trump’s investing …

Class-Actions Mar 29, 2017

‘$1 Buy’ Rent Deals Spark Class Action

Struggling Wagga Wagga mother of five Casey Simpson paid Radio Rentals $3320 for a used bed worth $480 and she still doesn’t own it. Ms Simpson, who is leading a $50 million class action launched by Maurice Blackburn lawyers against Radio Rentals on Wednesday, claims its “Rent, Try, $1 Buy” contract misled her. She says instead of letting her buy the used …

Class-Actions Mar 29, 2017

Wells Fargo Agrees to $110m Class Action Settlement After Fake Account Fallout

In a deal announced on Tuesday, the San Francisco-based lender has agreed to pay out $110m to settle numerous class-action lawsuits across the United States. The lawsuits stem from revelations last year that Wells Fargo employees had opened up to 2 million unauthorised deposit and credit accounts in customers’ names in order to boost their own pay and, as alleged by some, fee income …

News Mar 29, 2017

Baylor Moves to Dismiss Lawsuit Alleging 52 Rapes by 31 Football Players

Baylor University has moved to dismiss the Title IX lawsuit that alleges 52 rapes were committed by 31 football players from 2011 to 2014, according to the Waco Tribune. The lawsuit says Baylor’s football team had “the most widespread culture of sexual violence and abuse of women ever in a collegiate athletic program.” Former football players Tre’Von Armstead and Shamycheal “Myke” Chatman were …

Class-Actions Mar 29, 2017

Radio Rentals Hit With Class-Action Lawsuit

Retail giant Radio Rentals has been hit with a class-action lawsuit, which claims thousands of customers using the “Rent, Try, $1 Buy” scheme were ripped off after signing misleading and dodgy contracts. Law firm Maurice Blackburn Lawyers, who filed the lawsuit in Sydney’s Federal Court today, claims Radio Rentals targeted low-income and vulnerable customers, who believed they could “rent-to- …