Index funds often benefit from a low-cost halo. They don’t all deserve to bask in that glow. Allegations of excessive index fund fees in retirement plans are at the heart of a new proposed class action lawsuit brought by New York Life Insurance Co. employees against the company.
The $250 million gender bias suit against Merck & Co. just picked up more steam. Conditionally certified as a class action in May, the lawsuit has picked up more than 400 women to bolster allegations that the company underpaid female sales reps. Filed under the Equal Pay Act, the complaint alleges that Merck paid female reps less than male salespeople and thwarted women’s attempts to rise up …
MasterCard is facing damages claims that could reach as much as £19 billion for alleged illegal card charges between 1992 and 2008. It is claimed the global company made shops pay higher fees than they should have when customers purchased goods using their credit cards. The fees – called “interchange” – are often included into the price of the item, with experts saying shops charge more for …
An ex-customer of Theranos, located in Arizona, filed a class-action suit against the biotech company for faulty blood testing conducted at a blood draw location inside Walgreens. The man, initialed only as R.C. is also suing the pharmacy chain. …
Rev. Susan Hrostowski is familiar with fighting for her and her family’s rights, even if that means going to court. She was one of the plaintiffs in the case that struck down Mississippi’s ban on same-sex adoption on March 31.
The suit was filed Thursday by Barbara Ellington, the last surviving daughter of Dorothy Carpenter, the lone resident who died in the fire. Ellington’s lawsuit is the first to claim negligence by Columbia County as well as individual employees, including the county’s fire marshal Brian Clark, battalion chief Jimmie Paschal, special operations chief Danny Kuhlmann, Capt. Gary Griffith and Lt. …
A successful class action lawsuit against two payday loan companies in Ontario has concluded. Now, the challenge is to find the recipients of the $10 million dollar settlement. There are potentially 100,000 claimants across the province, including in Sudbury.
The largest auto maker settlement to date may not be enough to buy back the trust of some drivers. On June 28, Volkswagen VOW, +4.15% submitted a settlement plan worth $14.7 billion to a federal judge following the company’s admission in September of cheating emissions tests by placing a “defeat device” in 11 million of its diesel vehicles world-wide. The settlement gives about 475,000 diesel …
The Equal Employment Opportunity Commission is investigating complaints of age discrimination by Google, according to a lawsuit filed in federal court. Cheryl Fillekes, a systems engineer who interviewed with but was not hired by Google when she was 47, made reference to the EEOC investigation in …
The trial for a class-action lawsuit over a West Virginia chemical spill that polluted 300,000 people’s drinking water has been rescheduled for October. The Charleston Gazette-Mail reports (http://bit.ly/29sHmwz ) that U.S. District Judge John T. Copenhaver in Charleston announced …