Action




HALYARD SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead…

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 29, 2016 to file lead plaintiff applications in a securities class action lawsuit against Halyard Health, Inc. (NYSE:HYH) and Kimberly-Clark Corporation (NYSE:KMB), if they (i) purchased …


Judge Allows Class Action Worker Wage Theft Litigation to Proceed

A district judge in California ruled last week to allow a class action lawsuit alleging wage theft to go forward, even though he remained unconvinced that McDonald’s Corporation exercises enough control over working conditions in the franchise stores to be held liable for fair wage and overtime claims. Courthouse News Service reported last week, …


Op-Ed: Calif. Supreme Court Rubber Stamps Excessive Class Action Attorneys’ Fees

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 …


Judge Approves Remington Rifle Settlement Plan—with a Catch

The federal judge overseeing a proposed class action settlement involving millions of allegedly defective Remington firearms says the parties can go ahead with a revised plan to notify gun owners of their right to get the triggers replaced. But in a unique twist, the judge is delaying final approval of the settlement until he sees how many people file claims. The case involves Remington’s …


Op-Ed: Consumers Have a Right to Go to Court

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 …


CFPB Arbitration Rule Will Enrich Trial Lawyers, Not Protect Consumers

Today, the Consumer Financial Protection Bureau closes the comment period on its proposed rule to enrich trial lawyers at the expense of consumers. The Bureau misleadingly styles its proposal as one to regulate arbitration agreements. The truth is that the proposal is very intentionally designed for the singular goal of promoting class action lawsuits—the number one policy priority of the trial …


Kessler Topaz Meltzer & Check, LLP and Motley Rice LLC Announce Proposed Settlement of Class Action Lawsuit Involving Purchasers of St. Jude Medical, Inc. Common Stock

ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED ST. JUDE MEDICAL, INC. COMMON STOCK DURING THE PERIOD FROM FEBRUARY 5, 2010 THROUGH NOVEMBER 20, 2012, AND WHO WERE DAMAGED THEREBY (THE “CLASS”).1 Certain persons and entities are excluded from the definition of the Class as set forth in detail in the Stipulation and Agreement of Settlement dated July 7, 2016 (the “Stipulation”) …