Class-Actions

Lawsuit Claims Electricity Company’s Deception Cost Maine Consumers $35M

A new class-action lawsuit claims that an electric company deceived Maine consumers and shorted them of $35 million. The lawsuit filed in U.S. District Court in Portland Nov. 18 claims that Electricity Maine used fraud and deception to enroll 200,000 Maine households and small businesses with the promise of substantial cost savings. But attorney Benjamin Donahue says after a …


AMD Investors Allowed Class Action Over Llano

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 …


Wells Fargo Hit With Class Action Over Target-Date Funds

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 …



The Touch Disease Class Action Lawsuit to Continue as the Lead Plaintiff Calls Apple’s Latest Offer ‘Pitiful’

Late on Thursday Patently Apple posted a report titled ” Apple Formally Acknowledges the iPhone 6 Plus ‘Touch Disease’ Issue and Offers Customers with this Problem Some Relief .” While Apple opened a new program to deal with the issue this week that would provide some Apple customers a bit of financial relief, I questioned whether that would be enough relief for the law firms handling the class …


Barrie Man Lead Plaintiff in Class-Action Lawsuit Against Casino Rama

A Barrie man is one of the lead plaintiffs in a proposed $60 million class-action lawsuit against Casino Rama following a massive cyberhack. The lawsuit filed in Toronto Superior Court by Charney Lawyers and Sutts, Strosberg, names multiple defendants including Casino Rama, it’s American operator Penn National Gaming Inc, Chippewas of Rama First Nation and the OLG. According to the statement of …



Toyota Pays Up $3.4 Billion in Class Action Settlement

Japanese carmaker, Toyota, has agreed to settle a US Federal class action for up to $3.4bn. It was brought by US owners of pickup trucks and SUVs whose claimed their frames could rust through. The proposed settlement covers 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs.



Casino Rama Cyberattack Sparks Proposed Class-Action Lawsuit

Class-action lawyers wasted little time Friday in jumping on word of a cyberattack on an Ontario casino in which sensitive information was stolen. The lawyers announced plans for a proposed lawsuit that would seek $50 million in damages from Casino Rama north of Toronto, and began asking possible victims to sign on. “The class action will be commenced on behalf of employees, customers and …