Comedian and Entertainment Studios Networks (ESN) CEO Byron Allen (“Comics Unleashed”) scored a legal victory on Monday (October 24) when a federal judge permitted his $10 billion racial discrimination lawsuit against Charter Communications to continue. Deadline reports that federal district court judge George Wu rejected Charter’s motion to dismiss the lawsuit filed by ESN and the National …
A federal judge on Tuesday approved the $14.7 billion settlement among Volkswagen, regulators and drivers related to the company’s emissions cheating scandal. The settlement covers many of the claims from the Justice Department, Environmental Protection Agency and Federal Trade Commission, as well as a class- …
Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. U.S. District Judge Charles Breyer in San Francisco said he is “strongly” inclined to approve the settlement requiring VW to buy back cars with 2.0-liter …
Volkswagen AG is asking for a final sign-off on its $14.7 billion settlement with drivers as it continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. Without an approved repair, VW may be left with only one option: buy back the cars with so-called defeat devices from the owners. And the German automaker might have to do the same for a …
A federal class action claims Comcast has bilked cable TV customers out of $1 billion a year since 2014 by charging phony fees for broadcast and sports channels. Plaintiffs from seven states — California, Washington, New Jersey, Illinois, Colorado, Florida and Ohio — sued the cable giant on Monday, alleging consumer fraud, unfair competition, unjust enrichment and breach of …
Volkswagen AG, in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million to US lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles, two people briefed on the agreement said on …
Federal regulators might have green-lighted the $44 billion acquisition of Syngenta AG (SYT) by China National Chemical Corp., but Syngenta still has unsettled business to tend to. Notably, its rocky relationship with farmers. According to a recent court filing, a U.S. district court judge in Kansas ruled that the numerous lawsuits brought against Syngenta by U.S. farmers over sales of biotech …
Jonathan Stempel| NEW YORK NEW YORK A U.S. judge has again thrown out a $3 billion lawsuit by investors in two “feeder funds” that sent money to Bernard Madoff, one of the largest lawsuits tied to his Ponzi scheme, after her original dismissal had been overturned. In a 145-page decision released on Thursday, U.S. District Judge Deborah Batts in Manhattan said the investors lacked standing to …
A 19-year-old lawsuit continues to haunt State Farm Insurance, and billions potentially hang in the balance. A federal judge in East St. Louis on Sept. 16 conferred class-action status on plaintiffs representing 4.7 million State Farm policyholders. The plaintiffs allege that State Farm schemed to contribute millions to the U.S. Chamber of Commerce with the intention of having the money …
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the company. Now they will be able to bring their case as a group. A federal judge on Sept. 16 ruled that 4.7 million State Farm policyholders can band together to sue the insurer for allegedly lying …