In January of 2015, the NCAA voted to let its major conferences broaden their definition of “college scholarship”—allowing them to give their athletes a small cost-of-attendance stipend for travel and other expenses, in addition to tuition and room and board. Now, thanks to a new $208 million settlement in a class-action lawsuit, some college athletes who played before those cost-of-attendance …
JPMorgan Chase agreed to a settlement with the U.S. government over allegations that it discriminated against “thousands” of black, Hispanic mortgage borrowers from 2006 through 2009. The bank’s independent brokers charged minority borrowers higher mortgage interest rates and fees during that period, compared to “similarly situated white borrowers,” according to a government lawsuit filed Wednesday in a New York federal court. JPMorgan is expected to settle the lawsuit for $55 million without admitting any liability. “We’ve agreed to …
It’s been nearly five years since the Supreme Court decided, inWal-Mart Stores, Inc. v. Dukes, that the claims of large groups of employees that involve differing calculations of damages must be litigated as individual claims, and not as a class action. At the time, and since, may pundits declared the wage-and-hour class action lawsuit dead (or at least with one foot squarely in the grave). …
Thomson ReutersMaya Jackson a Lyft driver holds a Lyft Glowstache during a photo opportunity in San Francisco Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 million in expense reimbursements had they been employees rather than contractors, court documents made public on Friday show. Lyft drivers would have …