Why are insurers writing D&O coverage for allegations involving sexual misconduct, which is not really an “accident,” but rather an intentional act that is typically excluded from coverage? The question came up last Thursday at a PLUS Canada event in Toronto featuring Kevin LaCroix, author of the U.S.-based ‘D&O Diary’ blog. The panel discussion was moderated by Brian Rosenbaum, national …
A class action lawsuit was commenced on Friday, February 23 in the Ontario Superior Court alleging that Apple substantially slowed iPhones without warning to or consent from consumers. The claim alleges that Apple’s iOS software updates for iPhone 6, 6 Plus, 6s, 6s Plus, SE, 7, and 7 Plus were provided to iPhone users under the pretense that the software updates were necessary to deliver enhanced security and performance. In reality, however, the updates allowed Apple to slow down the performance of these updated iPhones. This practice is known as “throttling” because Apple intentionally slows the phone’s CPU. …
This notice relates to a proposed voluntary dismissal by the plaintiffs in each of four pending shareholder derivative actions, and is being given pursuant to an order of The United States District Court for the District of Utah. The purpose of the notice is to …
According to Patently Apple on December 26, two iPhone users living in Jaffa, Tel Aviv, Israel recently filed a class action suit against Apple, claiming that Apple should pay them US$125 million in damages. “Apple did not disclose the fact that our use of the iPhone is negatively affected by its software update, and this is a violation of its basic duty for customers,” they said, adding, …
On Monday, the United States Supreme Court (“USSC”) will hear arguments in a matter fundamental to how employers and their employees and contractors argue about rights and entitlements. The USSC can, in these matters, equip employers with powerful tools to shut down cases that look like the currently raging Uber class action and the important Microsoft class action (2000), the latter of which resulted in thousands of contractors becoming employees and receiving benefits and equity. …
Even before the Labor Department has finished its review of its fiduciary rule, the Trump administration has made clear that it is targeting a part of the measure that would make it easier for investors to pursue class-action lawsuits against financial advisers. The latest evidence is a DOL Field Assistance Bulletin released on Wednesday, that said that the agency would not bring enforcement …
Does this sound familiar: You answer a phone call from a number you don’t recognize. The automated voice on the other end of the call congratulates you on possibly winning a free vacation cruise. In reality, you probably did not win a cruise.
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Sony Loses Class Action Lawsuit in Waterproof Claims for Original Xperia Z Line Arguably, one of the pioneers in the consumer sector for more “rugged” devices (or at the very least IP certification) has to be Sony. Back in 2012, they introduced the Xperia Z line of the devices, which marked a turning point for Sony in most of its philosophy as well as its design language. They completely …
A few US institutional investors are planning to file a class action suit against the board of Directors of Infosys Technologies Ltd (Infosys) which is in the eye of a storm following resignation by its CEO cum MD Vishal Sikka. Infosys is listed both in India and in the USA. The US listing became necessary after Infosys raised capital through public issue made there in the form of American …