Business

Notices Dec 20, 2016

INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Illumina, Inc. And Encourages Investors With Losses to Contact the Firm

Lundin Law PC , a shareholder rights firm announces a class action lawsuit against Illumina, Inc. (“Illumina” or the “Company”) (Nasdaq: ILMN). Investors, who purchased or otherwise acquired shares between July 26, 2016 and October 10, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the February 15, 2017 lead plaintiff …

Class-Actions Dec 7, 2016

Xerox Corporation (NYSE:XRX) Going to Face Class Action Lawsuit- xG Technology (NASDAQ:XGTI)

Xerox Corporation (NYSE:XRX) [ Trend Analysis ], stock moved down around -0.21% in early session as its gaining volume of 25.8 Million. Khang&Khang LLP released that a class action lawsuit against Xerox Corporation (XRX). Investors who purchased or otherwise acquired shares between April 23, 2012 and October 23, 2015 inclusive, are encouraged to contact the Firm in advance of the December 23, …

Notices Nov 28, 2016

INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Tenet Healthcare Corp. Of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 6, 2016

The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Tenet Healthcare Corp. (“Tenet Healthcare”) (NYSE:THC) between February 28, 2012 and October 3, 2016 . You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of …

News Nov 28, 2016

What Does Trump’s $25 Million Fraud Settlement Mean?

Last week, president-elect Donald Trump settled the pending Trump University case to the tune of $25 million. The lawsuit has attracted a great deal of attention in recent months. It had been scheduled for November 28 before Judge Jeffrey Miller mediated an outcome that appears to have been mutually satisfactory for all parties.

News Nov 11, 2016

Exxon Faces Climate Disclosure Lawsuit

The world’s first shareholder-led lawsuit over alleged inadequate disclosures of climate risk has been filed against Exxon. ClientEarth thinks it could be the first of many such legal actions. The filing of the case, in the US, follows revelations in Exxon’s third quarterly financial reports that it may be forced to write down nearly 20% of its oil and gas assets (the equivalent of 3.6 billion …

News Nov 11, 2016

Questions Raised About Official IRS Non-Profit Status of ADA Serial Lawsuit Filers

Valley attorneys and business owners are raising questions about the non-profit status of a controversial group that’s become the nation’s most prolific filer of disability lawsuits. Advocates for Individuals with Disabilities (AID) has filed more than 1,700 lawsuits in the Phoenix area since February. Almost all of the lawsuits are filed over signage issues in parking lots and allege …

News Nov 11, 2016

Thousands Call for EU to Support Florence Against McDonald’s Lawsuit

In one day, the petition has amassed over 24,000 signatures, leaving it just a few hundred away from completion. The American fast food chain filed the lawsuit against Florence last week, following the city’s refusal to let the golden arches set up shop in the famous Piazza del Duomo. McDonald’s accused mayor Nardella of back-tracking on his original decision, and claimed it had lost out on …

News Nov 4, 2016

NY BitLicense Under Scrutiny After Bitcoiner Files Lawsuit Against NYDFS

For those who have been following the developments in cryptocurrency sector from past couple of years, the BitLicense fiasco is quite familiar. The cryptocurrency industry was in for a shock last year after the New York Department of Financial Services decided to implement regulations governing digital currencies, popularly referred to as BitLicense. With BitLicense coming into effect, …

News Nov 4, 2016

Wells Fargo Confirms SEC Probing Its Sales Practices, Boosts Litigation Funds to US$1.7B

Wells Fargo has confirmed the existence of an investigation by the Securities and Exchange Commission into its sales practices, and the bank revealed that it has almost doubled funds set aside to deal with its ongoing legal problems. The bank said in a regulatory filing Thursday that the SEC has joined other federal state and local government agencies and states attorneys general, …

Lawsuits Nov 2, 2016

Tyson Disputes Price-Fixing Lawsuit Allegations

Law firm Pomerantz LLP has announced that a class action lawsuit has been filed against Tyson Foods, Inc. and certain of its officers. The class action, filed in United States District Court, Southern District of New York, is on behalf of investors who acquired Tyson securities between November 23, 2015 and October 6, 2016. This class action seeks to recover damages against Defendants for …