A new proposed class action lawsuit filed in the U.S. District Court for the Northern District of California, San Jose Division, accuses Fidelity of improperly handling “float income” that plaintiffs feel should be considered a plan asset and thus returned to plan accounts. It was just last month that the 1st U.S. Circuit Court of Appeals ruled that float income Fidelity retained in the process …
Four ex-employees of Hewlett Packard are suing for age discrimination, claiming they were purged unfairly as part of a major restructuring involving tens of thousands of layoffs. The proposed class-action suit, filed in …
A settlement between SiriusXM and Francis W. Hooker, Jr., who brought suit against the company in 2012, has been submitted to Arenda L. Wright Allen, the Eastern District of Virginia judge appointed to the case. If approved, SiriusXM would establish a $35 million settlement fund from which “notice, administrative costs, service awards, and attorneys fees, costs, and other expenses” would be …
Neurosurgeon J. William Bookwalter was examining a colleague’s patient who had back troubles when he made an unusual discovery: The operation that his colleague billed Medicare for was far more extensive than the one actually done, according to allegations contained in a lawsuit. A review of two more back operations performed by UPMC neurosurgeon Ghassan Bejjani on another patient yielded the …
Yakima Valley farm workers involved in a class-action lawsuit since 2012 against a management company for wrongful firing will receive their settlement payments Sunday according to a news release from Columbia Legal Services. NW Management and several other companies agreed to a settlement payment after several years of litigation according to the news release. Columbia …
St. Jude Medical Inc has reached a $39.25 million class action settlement with shareholders to resolve claims it downplayed the possible dangers associated with a product used to connect implantable defibrillators to patients’ hearts. The preliminary settlement, disclosed Thursday with the U.S. District Court in Minneapolis, requires a judge’s approval. It resolves claims that St. Jude inflated …
Former Cleveland Browns running back Jim Brown received $600,000 from video-game maker Electronic Arts to dismiss a case brought by the Pro Football Hall of Famer for his unauthorized appearance in the company’s “Madden” video game. The judgment, which was announced Tuesday by Hagens Berman, the firm representing him, will …
On Wednesday, a judge tossed out a lawsuit that former fraternity members at the University of Virginia filed against Rolling Stone for defamation over an article that described a gang rape at their fraternity. The story was later discredited and Rolling Stone has since retracted it. U.S. District Judge P. Kevin Castel cited comments as “speculation and hypothesis rather than fact,” according …
Cinemark, the company that owns the Aurora cineplex where 12 people were murdered in 2012, is seeking nearly $700,000 from several victims of the attack who unsuccessfully sued the theater chain. Lawyers for Cinemark earlier this month filed a “bill of costs” for $699,187.13 in Arapahoe County District Court. Colorado court rules say that the winning side in a civil case is allowed to recover …
Rich Williams continues tidying up at Groupon, selling off some of the bits and pieces collected over the years that the company no longer wants or can afford. Groupon sold Breadcrumb, a point-of-sale checkout system for restaurants that uses iPads, to Upserve, a Providence, R.I.-based company that makes software used by restaurants to manage operations. In the past year, Chicago-based Groupon …