The lawsuit claims that AMD bosses, including Rory Read and Lisa Su, made “false and misleading statements to investors about the manufacturing and subsequent launch of, as well as the demand for, its Llano microprocessor” back in 2011 and 2012. Their case claims that AMD and its management violated the Securities Exchange Act. The court has ruled that anyone who bought AMD stock between April …
San Francisco-based Wells Fargo Bank (WFC), one of the largest banks in the US, is trying to push its customers to resolve the lawsuits that they are bringing over the opening of unauthorized accounts through private arbitration, instead of in a courtroom, according to legal documents filed Wednesday. The bank asked the US District Court in Utah to order dozens of customers to settle their …
Last week, president-elect Donald Trump settled the pending Trump University case to the tune of $25 million. The lawsuit has attracted a great deal of attention in recent months. It had been scheduled for November 28 before Judge Jeffrey Miller mediated an outcome that appears to have been mutually satisfactory for all parties.
Wells Fargo & Co. enriched itself at its employees’ expense by including costly, in-house target date funds in its 401(k) plan, a new class action complaint alleges ( Meiners v. Wells Fargo & Co. , D. Minn., No. 0:16-cv-03981, complaint filed 11/22/16 ). In the past year, several proposed class actions have targeted financial companies that include in-house investment products in …
Black Lives Matter protestors who were arrested last summer while demonstrating after Alton Sterling was shot and killed by police in Baton Rouge, La., will receive financial compensation from local and state authorities for $100,000. The 92 protestors, including DeRay Mckesson , accused them of excessive force and violating their constitutional rights to freedom of speech and assembly, …
If you purchased shares of Allstate and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ( [email protected] ). If you wish to serve as a lead plaintiff in this class action, you must petition …
A new lawsuit accuses New Jersey police officers of unjustly strip searching a honeymooning man at a mall and mocking his genitals. The unidentified 38-year-old man filed a discrimination lawsuit in Bergen County Superior Court on Wednesday. The lawsuit says security at the Westfield Garden State Plaza mall stopped the man in November 2015 after he was accused of shoplifting.
Police in a Twin Cities suburb are going to court over the city’s body camera policy for officers. The unions representing 38 officers and eight sergeants in Maplewood say parts of the policy should have been developed through collective bargaining instead of being imposed by the city. The law approved last spring by the state Legislature requires police departments …
House Republicans Ask Court To Delay Their Lawsuit To Blow Up Obamacare Huffington Post Yesterday, 7:07 pm House Republicans want a federal appeals court to let them delay the next phase of their lawsuit against President Barack Obama that would have devastating consequences for the Affordable Care Act. A lower court this year ruled in favor of House Republicans’ claim that the Obama …
Damn, Chipotle can’t escape controversy these days! Following numerous scandals involving contaminated food and norovirus scares, the popular chain is facing backlash AGAIN due to a misleading ad about their chorizo burrito. Three angry Los Angeles residents claim they were misled by a sign advertising the popular burrito as only “300 calories”. The trio of customers all …