A member of a politically powerful Miami family wants to carry the torch for those stung by Miami Beach’s much-maligned tow truck operators and has filed a class action lawsuit accusing a company of illegal towing from private lots. Raul Mas Canosa, businessman and youngest brother of the late Cuban-American business magnate and anti-Castro lobbyist Jorge Mas Canosa, is alleging he was …
Wendy’s faces a class-action suit over a breach that occurred last year and resulted in hundreds of thousands of fraudulent credit card transactions. Pennsylvania-based First Choice Credit Union filed a class action lawsuit against Wendy’s over a data breach the retailer experienced last year. The suit alleged that …
Accounting and financial disclosure issues are increasingly becoming the focus of litigation – both with the Securities and Exchange Commission (SEC) and the plaintiffs’ class action bar – according to recent pronouncements from the SEC and a leading research firm that tracks securities class actions. Last week, the SEC announced two financial fraud cases against …
More than 200 litigation notices were sent in recent months to cosmetic, food and beverage companies claiming products violated California’s statute governing products labeled “Made in U.S.A.,” despite an amendment to the law. California-based Kazerouni Law Group, APC sent notices, threatening class-action lawsuits against companies selling products in California labeled “Made in U.S.A.,” “Made …
The hulking write-down on Slater’s UK acquisition Quindell has put the company in a ‘financially precarious’ position. Ambition before fall as law firm Slater & Gordon faces possible class action
Slater & Gordon is now valued at $80 million, a fraction of its $2.75 billion value a year ago. An ambitious Australian company spends up big on a massive overseas asset. …
A Facebook Inc shareholder has filed a proposed class action lawsuit in a bid to stop the company’s plan to issue new Class C stock, calling the move an unfair deal to entrench chief executive Mark Zuckerberg as controlling shareholder. The lawsuit, filed in the Delaware Court of Chancery, comes two days after the social networking company announced its plan to issue the shares. The rejiggering …
Dometic president denies allegations in class-action lawsuit Dometic Corp. president Frank Marciano is responding to a lawsuit that alleges the company knowingly sold defective refrigerators that caught fire on five RV owners’ vehicles. “First and foremost, we place the highest priority on the safety of our products and those who enjoy them,” Marciano said in a letter sent to RV OEM customers, …
When it comes to the business model of turning piracy into profit, the name Voltage Pictures is never far from the action. The Los Angeles-based movie outfit has tested the legal waters in several jurisdictions in an effort to extract cash settlements from alleged pirates, most recently in Australia with its movie Dallas Buyers Club. In 2012, Voltage targeted Canadian ISP Teksavvy in a long …
On Friday, Manhattan Supreme Court Justice Lucy Billings presented a 17-page decision regarding the NBA and an instance of sexism in the workplace. The case, as reported by the New York Daily News, involves former NBA security director Warren Glover, who says he was fired from the organization for whistle-blowing about sexism in the workplace. According to Glover’s case, NBA rookies were shown …
For years, the profits that have emerged from the opaque world of law have been beyond the reach of non-lawyers in Canada. But that is changing quickly. A recent ruling in Ontario has helped swing open the door for litigation investment funds — which allow investors to bankroll lawsuits in the hopes of sharing in the potential proceeds — to establish a beachhead in Canada.