President Donald Trump’s Department of Labor moved one step closer to putting the brakes on the agency’s fiduciary rule for retirement investment advisers late Feb. 9. The agency sent to the White House’sOffice of Management and Budget a proposal to delay the rule’s applicability date, one week after Trump ordered the agency to review the Obama-era rule that aims to protect retirement investors …
Arathy S Nair DuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of lawsuits involving a leak of a toxic chemical used to make Teflon, the companies said on Monday. Shares of Chemours jumped 13 percent. The company said it would pay half of the settlement, although liability for litigation connected with the chemical was passed onto it when DuPont spun it off in …
Shareholder rights law firm Johnson & Weaver, LLP announces that a shareholder class action lawsuit has been filed against RH (formerly known as Restoration Hardware) (NYSE: RH) on behalf of purchasers of stock between March 26, 2015 and June 8, 2016, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for of RH investors under the federal securities laws. The …
Baltimore’s spending panel is set to approve a $300,000 settlement in a wrongful death lawsuit brought by the family of Anthony Anderson, who died after he was tackled by a police officer in 2012. Officers stopped Anderson, 46, on Sept. 21, 2012, in a vacant lot when the officers said he failed to respond to commands, prompting one officer to use a “bear hug” maneuver, according to according to …
There’s been several high profile class actions launched by unhappy shareholders against the companies they invest in (otherwise known as securities class actions) lately in Australia. The common theme is a claim these companies have not been straight with investors, issuing falsely optimistic information or concealing negative information. If it’s proved to be true, this sort of conduct does …
A family said their loved one died in the Atlanta City Jail, where she was being held for a minor crime, and it took hours for anyone to find her. Records show Wickie Bryant was booked into the Atlanta City Detention Center in Sept. 2015 after police arrested her for disorderly conduct. Bryant suffered from schizophrenia and diabetes, …
Pomerantz LLP announces that a class action lawsuit has been filed against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE:USNA) and certain of its officers. The class action, filed in United States District Court, District of Utah, is on behalf of a class consisting of investors who purchased or otherwise acquired USANA securities, …
Pomerantz LLP announces that a class action lawsuit has been filed against Egalet Corporation (“Egalet” or the “Company”) (NASDAQ:EGLT) and certain of its officers. The class action, filed in United States District Court, Eastern District of Pennsylvania, is on behalf of a class consisting of investors who purchased or otherwise acquired Egalet …
Google Faces Lawsuit Over California Student Privacy Violations Oracle filed the brief to the US Court of Appeals for the Federal Circuit to overrule the 2016 decision saying that Google’s copying was “the software equivalent of this classic unfair use,” The Hill newspaper reported Friday. The newspaper added that the appeal brief noted “enormous commercial benefits” and the fact that Google …
Polygamist Kody Brown returned to Utah, participating in a march against a bill in the state legislature targeting polygamists. In an interview with FOX 13 on Friday, Brown also briefly weighed in on his lawsuit against the state, challenging its historic ban on polygamy. Brown and his wives carried signs and marched to the Utah State Capitol in protest of House Bill 99, which …