Nearly four years after more than 300 patients in Michigan were infected with fungal meningitis — 19 of whom died — a $10.5 million class-action settlement has been reached with a Michigan defendant. …
No one at Goldman Sachs will go to jail despite the company’s world-destroying, multi-billion-dollar frauds that culminated in its unloading billions’ worth of worthless mortgage-backed securities on its customers just before the crash. Goldman’s settlement requires it to admit that it knowingly committed these frauds for years on end. Again, no one will go to jail.
Uber – which at its latest valuation of $62.5bn is the world’s most valuable private startup – has paid huge sums of money in legal settlements across the world since the taxi-hailing company was founded in 2009. As the increasingly powerful ride-sharing startup continues its rapid growth, we’re tracking the diverse court battles forcing Uber and its investors to pay out. Its strategy of …
A federal judge has rejected Lyft Inc.’s proposed $12.25 million settlement to resolve a case filed by California drivers over their status as independent contractors of the ride-hailing service. In a ruling Thursday, Judge Vince Chabria of California’s Northern District said the settlement amount shortchanged drivers’ mileage expenses …
Uber will pay the cities of San Francisco and Los Angeles up to $25 million as part of a lawsuit that accused the startup of misrepresenting its background checks. In 2014, district attorneys brought the suit against Uber for not vetting its drivers thoroughly while claiming its background checks were the “gold standard” in the industry. The cities said Uber’s system was actually not as …
A settlement has been reached in a class-action lawsuit involving a Michigan clinic and a 2012 fungal meningitis outbreak that killed 64 people and sickened more than 750 people in 20 states. The Livingston Daily Press & Argus reports that the deal reached Friday in Livingston County Circuit Court covers 311 patients of Michigan Pain Specialists. Patients of the Genoa …
The U.S. Supreme Court on Monday rejected Wells Fargo & Co’s appeal of a $203 million judgment that it was ordered to pay to resolve a class action lawsuit accusing it of imposing excessive overdraft fees. The justices left in place an October 2014 ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals, which ruled in favor of class action plaintiffs.
Five Lyft drivers and the Teamsters union will object to a proposed class action settlement, saying it would shortchange drivers by keeping them as independent contractors instead of employees, a union spokesman said on Tuesday. Lyft and larger rival Uber face separate lawsuits brought on behalf of drivers who contend they are employees and entitled to reimbursement for expenses including gas …
News Corp has agreed to pay out a total of $280 million to settle a long-running class-action lawsuit brought by several major packaged goods brands that accused the company of using its monopoly position to over-charge clients for in-store promotional advertising. The case was first brought in 2012 (a year before the separation of …
The New York Jets have paid the team’s cheerleaders $325,000 after a class-action lawsuit was filed over low wages, with plaintiffs claiming they only made $150 per game and were compensated for neither practice time nor expenses, all of which averaged out to $1.50 per hour. What do you think?