NEW YORK An Arab-American family whose business and personal bank accounts were closed in 2014 without explanation can sue JPMorgan Chase for racial discrimination, a federal judge in Detroit has ruled. Filed in February, the lawsuit by Najah Manni, his wife Kathy and their two children says the largest U.S. bank further discriminated against them by terminating a contract with their debt …
Bank of Queensland will defend proceedings against them in the Federal Court. Photo: Glenn Hunt Bank of Queensland is facing a second class action from customers of disgraced financial planner Bradley Sherwin over claims it failed to stop a multimillion dollar “Ponzi”-like investment scheme from taking place. Mr Sherwin is currently facing various fraud charges over his alleged role as director …
Lyft said today that it agreed to pay $12.25 million to settle a pending worker classification lawsuit in California, but it will continue to classify its drivers as independent contractors, not employees. The ride-hailing app will also start giving drivers a specific reason, like a low rating, if it decides to deactivate their accounts. Its terms of service had previously stated Lyft can …