State Treasurer Denise L. Nappier today announced that Amgen Inc. has agreed to pay $95 million to settle a class action suit filed on behalf of investors who bought Amgen securities between April 2004 and May 2007. “As lead plaintiff, we have diligently pursued this action for nearly a decade. This settlement will assist institutional and …
Two men filed a class-action lawsuit against Snapchat under a 2008 Illinois state law that requires a company to obtain written consent before using an individual’s biometric data, according to a report by Inc. Initially filed by plaintiffs Jose Luis Martinez and Malcolm Neal in Los Angeles County court in May, the case has recently been moved to U.S. District Court for the …
New York Life Insurance Co. is the newest member to the ever-growing list of asset managers and retirement plan providers being sued by their employees for fiduciary breach in the company 401(k) plan. Current participants in two New York Life 401(k) plans filed a class-action lawsuit — Andrus et al v. New York Life Insurance Company et al — alleging self-dealing by the firm and other affiliated …
The judge in the class action suit against Fitbit, a suit that alleges the wearable company made misleading claims about its sleep tracking feature, has denied Fitbit’s motion to dismiss the case. The case could still be dismissed on other grounds or settled out of court. James Brickman of California filed suit in May 2015 — just after Fitbit announced its intention to go public.
WeissLaw LLP announced that it filed a class action in the United States District Court of Minnesota on behalf of shareholders of St. Jude Medical, Inc. (NYSE: STF), seeking to pursue remedies under the Securities and Exchange Act of …
A federal appeals court on Wednesday revived Ohio’s lawsuit accusing Freddie Mac of defrauding the state’s $87.3 billion public pension fund by hiding its exposure to subprime and other risky mortgages prior to the 2007-09 financial crisis. The 6th U.S. Circuit Court of Appeals said a lower court judge erred in finding that the Ohio Public Employees Retirement System (OPERS) did not plausibly …
Owners of front load washers could collect from a recent class action settlement. “It smelled all the time and I was constantly having trouble with it…didn’t matter how much deodorizer you spray. run the cleaner through the machine.
What’s good for the goose is good for the gander, but what might nourish cows might poison horses, and two horse owners have sued ADM for making their feeds for the different livestock species in the same building, potentially putting horses at risk. Plaintiffs Beth …
The American Civil Liberties Union is challenging a two-tiered election system that require Kansas election officials to throw out thousands of votes cast in state and local races by people who registered at motor vehicle offices or used a federal form without providing documentary proof of their U.S. citizenship. The class-action lawsuit filed Tuesday in Shawnee County District Court comes a …
In July 2015, Michael Cordas hailed an Uber and waited for it at the appointed place, outside the Grand Hyatt Hotel in midtown Manhattan. And he waited. The car’s estimated arrival time came and went.