A class-action lawsuit against Samsung alleges that some of its top-loading washing machines are dramatically falling apart. A statement from Samsung did little to soothe concerned consumers, saying, “we are in active discussions with the CPSC to address potential safety issues related to certain top-load washing machines manufactured between March 2011 and April 2016.” In case you concerned: …
In a written response to the lawsuit filed by 47-year-old Tyrone Morrow Sr., lawyers representing the city denied many of Morrow’s claims, and said that “the stop and investigation of the Plaintiff were lawful and supported by probable cause and reasonable suspicion.” The lawsuit also claims that the city, and officers involved in the incident, “are entitled to the defense of qualified immunity …
Bank of America Corp. and a former managing director agreed to settle a lawsuit in which she accused the institution of being a “bros club” that favored male employees. Terms of the settlement weren’t disclosed in a Wednesday filing in Manhattan federal court. Megan Messina had been offered $500,000 to settle, according to an earlier filing.
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 federal judge granted class-action status to Wal-Mart Stores Inc. shareholders who filed a lawsuit in 2012 alleging the retailer defrauded investors by covering up a bribery scheme in Mexico. In a Fayetteville ruling earlier this week, U.S. District Court Judge Susan Hickey rejected Wal-Mart’s argument that the City of Pontiac General Employees’ Retirement System — a Michigan-based …
Steve Harvey says he declined to join a lawsuit against NASCAR. (Photo: David Becker, Getty Images) Steve Harvey had a message Tuesday after his name appeared in a $500 million federal lawsuit filed against NASCAR that claims the series discriminates against black-owned teams and drivers. “You are not going to do is drag me into the mud with NASCAR,” the comedian and actor said on his …
The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion-a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank (DBKGn.DE), Morgan Stanley (MS.N) and five other large banks that have yet to settle. U.S. District Judge Lorna Schofield in Manhattan dismissed antitrust claims …
Drug use in Hollywood is under a microscope again amid a new lawsuit that claims actor Jim Carrey used his “immense wealth and celebrity status” to illegally obtain and distribute potentially deadly substances to his girlfriend Cathriona White, who died of a suicidal overdose at age 30 last year. White’s estranged husband, Mark Burton, filed the suit Monday in Los Angeles. The suit also alleges …
With the heat temporarily off fat, sugar is now public enemy #1, said defense attorneys after the three CPG giants were hit with class action lawsuits over the sugar content in leading cereal brands from Raisin Bran Crunch to Cheerios. The lawsuits*, filed in the northern district of California by the same team of attorneys (Jack Fitzgerald, Trevor M. Flynn and Melanie Persinger of the law …
Yes. It is actually happening. A Twitter shareholder has filed a lawsuit against the social networking platform, claiming that it misled investors with growth projections that have failed to come to pass.