The Second Circuit on Monday said the $14.5 million settlement between American Eagle Outfitters and customers who sued over spam text messages can go forward, rejecting appeals by a marketing company…
The last time the U.S. Supreme Court ruled on a challenge to an approved class action settlement, AOL ruled the Internet, Bill Clinton was president and Donald Trump was months away from considering a run for the presidency in an October 1999 interview with Larry King. It was a long time ago, in other words. The National Football League and plaintiffs’ lawyers representing a …
A U.S. appeals court on Wednesday upheld the dismissal of a lawsuit accusing BlackBerry Ltd of fraudulently inflating its stock price by painting an upbeat picture of the prospects for its BlackBerry Z10 smartphone line that was misleading. While the 2nd U.S. Circuit Court of Appeals in New York said the lawsuit failed to state a plausible claim, it ordered a lower-court judge to reconsider …
The biggest money-damages antitrust settlement in U.S. history died Thursday at the 2nd U.S. Court of Appeals. Not because of last year’s scandal surrounding leaks to a onetime MasterCard lawyer since charged with fraud, but because the agreement between credit card giants MasterCard, Visa and the merchants suing them for inflating certain fees was fundamentally unfair to some of the retailers. …