Organizers of the failed Fyre Festival have been hit with another lawsuit — this time from an investor who claims the fiasco was a massive fraud from the start. Oleg Itkin of Manhattan says he handed over $700,000 from January to April after organizer William McFarland showed him a “projected income statement” showing $932 million in expected revenue by November 2017, according to court papers. …
This photo provided by Jake Strang shows tents and a portable toilet set up for attendees for the Fyre Festival, Friday, April 28, 2017 in the Exuma islands, Bahamas. Organizers of the much-hyped music festival in the Bahamas canceled the weekend event at the last minute Friday after many people had already arrived and spent thousands of dollars on tickets and travel. A statement cited …
Weeks after firing host Bill O’Reilly amid allegations of sexual harassment, Fox News is under fire once again for accusations of racial discrimination. Eleven current and former Fox News employees have filed a lawsuit alleging that Fox employees engaged in “abhorrent, intolerable, unlawful and hostile racial discrimination” and created a workplace “more akin to Plantation-style management than …
Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, announces that a federal class action lawsuit has been filed against Ocwen Financial Corporation (“Ocwen” or “Company”) (OCN) and several officers and directors for acts taken during the period of May 11, 2015 and April 19, 2017 (the “Class Period”). …
Pomerantz LLP announces that a class action lawsuit has been filed against Lion Biotechnologies, Inc. (“Lion” or the “Company”) (NASDAQ:LBIO) and certain of its officers. The class action, filed in United States District Court, Northern District of California, and docketed under 17-cv-02188 is on behalf of a class consisting of investors who purchased or otherwise …
The family of a woman and her son who were killed by the boy’s father before he killed himself in April, 2015 is suing the Boys & Girls Club of America (BCGA) and the local chapter Boys & Girls Club of Gordon, Murray & Whitfield Counties (BGCGMW). The lawsuit filed this week in Whitfield County Superior Court claims BGCGMW employees released Grayden Whitmore to the custody of his father, Eric …
JFJN Law (the “firm) announces the filing of a class action lawsuit against DaVita Inc. (“DaVita” or the “Company”) (DVA). Investors who purchased or otherwise acquired shares between August 5, 2015 and October 21, 2016 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the April 3, 2017 lead plaintiff motion deadline. If you …
The law firm Gardy & Notis, LLP announces that it filed a securities fraud class action lawsuit in federal court on behalf of investors who purchased Under Armour, Inc. (“Under Armour”) (NYSE: UA, UAA) common stock between April 21, 2016 and January 30, 2017 (the “Class Period”). The lawsuit alleges that, during the Class Period, Under Armour and certain …
State NAACP President William Barber has filed a discrimination lawsuit against American Airlines. He claims he was removed from a flight in April because he is black. Rev.
The lawsuit claims that AMD bosses, including Rory Read and Lisa Su, made “false and misleading statements to investors about the manufacturing and subsequent launch of, as well as the demand for, its Llano microprocessor” back in 2011 and 2012. Their case claims that AMD and its management violated the Securities Exchange Act. The court has ruled that anyone who bought AMD stock between April …