Nov 28, 2024

Shareholder Lawsuit Accuses CBS Board of Granting ‘Gratuitous’ Sumner Redstone Salary

A CBS shareholder charges in a new legal filing that corporate board members and CEO Leslie Moonves were “recklessly profligate” when they approved nearly $13 million in pay over three years for one-time chairman Sumner Redstone , after it became clear that he was “incapacitated beyond recovery.” The most damning new evidence in the amended complaint, filed in Delaware Chancery Court, comes …


Lawsuit Filed to Reduce Restrictions on Sex Offenders

The fight over what to do with North Carolina’s sex offenders could be headed to federal court after a lawsuit was filed to reduce the restrictions placed on them. A North Carolina nonprofit is part of the team that filed the lawsuit. “There’s a place for a kind of register.


Great-Grandma Killed by Allergic Reaction to Antibiotic at Hospital: Lawsuit

An allergic reaction to an antibiotic administered at a Sycamore hospital killed a Plainfield great-grandmother, according to a lawsuit filed in Will County court. Brian Pickle, the son of Lydia Pickle, is suing Kindred Hospital, three doctors and Fox Valley Medical Associates. Lydia Pickle was admitted to Kindred Hospital on Jan. 10, 2015, “for treatment related to her diagnosis …


Penske to Settle Calif. Truckers’ Class Action for $750K

A long-running California wage-and-hour class action alleging Penske Logistics LLC failed to provide truck drivers with meal breaks will be settled for $750,000, a deal that will cancel a scheduled February trial and distribute $332,500 to drivers after attorneys’ fees and other costs are deducted, according to a court filing late …


Lawsuit Could Throw Colorado Elections System Into Chaos

A suit before the Colorado Court of Appeals today sought to reclaim revenue the state now uses to pay for its elections — leaving its future funding in question. The case, filed by the National Federation of Independent Business , claims that businesses carry an unfair burden of the cost of funding the state’s elections, including costs carried by counties. Attorneys for NFIB point out that …


University of Connecticut Could Face Lawsuit for Not Honoring Verbal Football Scholarship

Last week, University of Connecticut head football coach Randy Edsall pulled a verbal scholarship offer to Ryan Dickens, a high school senior, with just 17 days left in the college recruitment process. Since then, several media sources have described Randy Edsall’s conduct as ” dishonorable .” However, Randy Edsall and the University of Connecticut’s conduct may have been far worse than that.


EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against PixarBio Corporation – PXRB

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of PixarBio Corporation (OTCQX:PXRB) resulting from allegations that PixarBio may have issued materially misleading business information to the investing public. On January 23, 2017, the SEC announced the temporary suspension of …


MPS (MPSX) ALERT: Johnson & Weaver, LLP Launches an Investigation Into the Fairness of Price and Process in Proposed Sale of Multi Packaging Solutions; Is $18.00 a Fair Price?

Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Multi Packaging Solutions; Is $18.00 a Fair Price? News provided by Johnson & Weaver, LLP Jan 24, 2017, 08:26 ET Share this article SAN DIEGO , Jan. 24, 2017 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the …



QCOM INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against QUALCOMM Incorporated and Encourages Investors With Losses to Contact the Firm

Lundin Law PC , a shareholder rights firm announces a class action lawsuit against QUALCOMM Incorporated (“QUALCOMM” or the “Company”) (Nasdaq: QCOM) concerning possible violations of federal securities laws. Investors who purchased or otherwise acquired QUALCOMM shares between February 1, 2012 and January 17, 2017 inclusive (the “Class Period”), are encouraged …