Class-Actions

Class-Action Lawsuit Claims DXC ‘Selectively Timed’ Job Cuts to Inflate Short-Term Profit Target

A less kind publication may refer to the legal eagle as an ambulance-chaser, trying to drum up interest from current or previous DXC stock owners. The class action, which names DXC shareholder Jason McLees as lead plaintiff, is being brought on behalf of investors that bought DXC stock “pursuant to and/or traceable to the company’s April 2017 registration statement and prospectus” – which is …

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Universal Music Group Fire Class Action Could Come Down to One Thing: Who Owns the Masters?

On June 21, a putative class action lawsuit was filed against Universal Music Group on behalf of artists whose master recordings are believed to have been destroyed in a 2008 fire on the Universal Studios backlot where they were stored. But most recording contracts don’t explicitly mention that responsibility, and there’s a legal distinction between the physical recordings and the intellectual …