Calif. Supreme Court rubber stamps excessive class action attorneys’ fees By Lawrence W. Schonbrun Class actions are a judicially created mechanism to protect the “little guys” from abuse by powerful institutions, corporations, and governments. In a regrettable decision, however, the California Supreme Court has refused to protect the rights and interests of class members by allowing the very …
Did you look at Peter Thiel’s systematic destruction of Gawker via the American legal system and think “Wow, it’s too difficult to extract money from corporations and people using the courts?” Did you think, “Why don’t I try that?” If you answered yes to either question, there’s a startup you should meet. Legalist is a Silicon Valley startup that was developed in the Y Combinator incubator offering …
Uber is now offering drivers in select cities free financial planning through a partnership with a robo-advisor called Betterment. This announcement is coming on the heels of two huge headlines in Uber-land: the imminent rollout of the ride-hail startup’s first self-driving car, and a federal judge’s rejection of a proposed $100 million settlement with drivers in California in a worker …
The vast majority of consumers want to know they can seek their day in court if they get in a beef with a bank. That’s the main takeaway of a report last week from the Pew Charitable Trusts, which examined so-called mandatory arbitration clauses in bank contracts. These are the provisions that say you can’t sue or join a class-action lawsuit, and if you want to settle a dispute, you have to …
SunTrust Banks’ decision at the onset of the recession to allow its employee retirement plan to continue investing in bank stock as it sustained billions in losses and the housing market collapsed is at the heart of multidistrict litigation that a federal judge has said will now proceed against the banking company as a class action. …
On Thursday, a U.S. District Court in San Francisco rejected a settlement Uber Technologies has reached with thousands of its drivers following a couple of class-action lawsuits as being unfair and unreasonable for drivers. Both sides were ordered to discuss the issue again in private and show up in court Sept. 15. Uber agreed to review its stance, but said that the April …
Some of the fine print on bank account, credit card, and loan forms may soon get a rewrite that restores legal rights millions of Americans unknowingly waive when they swipe a piece of plastic or borrow money. Monday is the deadline for public comment on a federal Consumer Financial Protection Bureau proposal to curb so-called “forced arbitration” clauses — dense language buried deep in the …
Now, the delaying has been put to a halt, and the plaintiffs are finally about to have their true day in court. On Tuesday, a Superior Court judge will begin hearing arguments in what is known as a summary judgment proceeding. The plaintiffs will attempt to prove that they have enough evidence to forego a trial and prove that Canada had an obligation in law to ensure that indigenous children …
Dozens of homeless people have filled out questionnaires in order to be part of a lawsuit against the City of Denver. They also met with an attorney Thursday afternoon to discuss the pending legal action. Denver7 previously reported that attorney Jason Flores-Williams is taking steps to file an injunction in hopes of stopping homeless sweeps.
The Sisters of Charity, who once owned Columbia’s former Providence Hospital, have sued Columbia’s Palmetto Health hospital system, alleging the health giant stole Providence’s valuable orthopedic practice worth $50 million. The Sisters of Charity seek not only $50 million, but also punitive and other damages for the loss of Moore Orthopedic Clinic – additional damages that could wind up …