Both sides found something to be happy about in a federal judge’s ruling last week in a class-action lawsuit seeking damages from lost sales and reduced prices as a result of China’s rejection of corn shipments from the U.S. in November 2013. U.S. District Judge John Lungstrum, in Kansas City, Kansas, rejected the basis for a nationwide class on the plaintiffs’ …
A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent which saw the US tech giant ordered to cease selling the smartphone in China. In May last year the Beijing intellectual property bureau had ruled that Apple violated design patents of Chinese maker Shenzhen Baili with its iPhone6 and iPhone 6 Plus, and would be barred from selling those …
A putative class action lawsuit filed on March 16 in federal court charges that Qualcomm has an unlawful monopoly in baseband processors (also called modem chipsets). David Kreuzer, a resident of Illinois, owns an Apple iPhone 6, Apple iPad Mini 2, and Samsung Galaxy S6, each of which has a broadband processor. Kreuzer claims that he and others with similar equipment have to pay inflated prices …
A Minnesota judge will let some farmers seek punitive damages against the Syngenta seed company for selling genetically modified corn seeds before China approved imports of crops grown from them. In an order unsealed Tuesday, Hennepin County District Judge Thomas Sipkins wrote that there’s evidence Syngenta knew the risks of commercializing Viptera and Duracade corn containing a trait that …
The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Utah on behalf of investors who purchased USANA Health Sciences, Inc. (USNA) securities between March 14, 2014 and February 7, 2017. Click here to learn about the case: http://www.wongesq.com/pslra/usana-health-sciences-inc. There is …
Pomerantz LLP announces that a class action lawsuit has been filed against USANA Health Sciences, Inc. (“USANA” or the “Company”) (NYSE:USNA) and certain of its officers. The class action, filed in United States District Court, District of Utah, is on behalf of a class consisting of investors who purchased or otherwise acquired USANA securities, …
James Packer’s Crown Resorts is facing a potential class action from investors stemming from the imprisonment of its staff in China. Video duration00:48 James Packer returns to Crown board A management shake-up at Crown Resorts, after a horror run in 2016, could leave investors a little confused. Tigerair permanently cancels Bali flights Video duration00:48 Tigerair permanently cancels Bali …
A class-action lawsuit against Syngenta regarding rejected exports is likely to head to trial next year, as scheduled. Online publication Agri-Pulse reports the 10th Circuit Court of Appeals declined to review a lower court’s certification order, allowing the lawsuit to proceed. Syngenta called the appeals court ruling “one step in a long process.” Multiple classes of farmers within the lawsuit …
NBA legend Michael Jordan has scored a win in China in his trademark lawsuit. China’s Supreme People’s Court ruled Thursday that a Chinese sportswear company, Qiaodan Sports Co., can’t sell merchandise with his name in Chinese characters. The ruling overturned two previous rulings courts in Beijing.
The Genworth campus off West Broad Street near Glenside Drive. (Michael Schwartz) A local Fortune 500 company’s deal to be acquired and taken private by a Chinese conglomerate has caught the ire of at least one disgruntled investor. The members of the board of directors of Henrico-based insurance giant Genworth Financial were sued last week in Richmond federal court by shareholder Harold …