An earlier lawsuit filed by Rosen Law Firm alleged that Cognizant lacked effective internal controls over financial reporting, and that as a result of the improper payments related to 12 facilities made in India, the company’s statements about its business, operations and prospects were materially false and misleading and lacked a reasonable basis. When the true details entered the market, the …
The victims of the Silver Spring apartment explosion have partnered with two law firms and say they will file a lawsuit in the coming weeks. CASA, an advocacy group that has helped the victims since the Aug. 10 blast, announced the partnership during a news conference Wednesday morning. “I think it’s very important that these families are compensated for what happened,” said CASA Executive …
A shareholder class action lawsuit was filed Wednesday against Corrections Corporation of America, a private prison company that was the subject of a recent Mother Jones investigation. Last week, the Department of Justice announced it would work to end its private prison contracts. The shareholders allege that CCA and its executive officers made false or misleading statements that put the …
Uber is now offering drivers in select cities free financial planning through a partnership with a robo-advisor called Betterment. This announcement is coming on the heels of two huge headlines in Uber-land: the imminent rollout of the ride-hail startup’s first self-driving car, and a federal judge’s rejection of a proposed $100 million settlement with drivers in California in a worker …
Soitec (Euronext), a world leader in manufacturing semiconductor materials for the electronics industry, today announced that on May 18, 2016, Silicon Genesis Corporation (SiGen) filed a motion to terminate the investigation by the U.S. …
Chipotle returns to crisis mode with confirmed norovirus By Susan Young | Posted: March 10, 2016 The calendar hasn’t been kind to Chipotle. Exactly one month after the Mexican fast-food chain temporarily closed all of its U.S. restaurants to hold staff meetings on food safety, the ugly norovirus has reared its ugly head. On Tuesday, a restaurant in Billerica, Massachusetts, voluntarily shut …