A federal judge has given preliminary approval to a $64-million settlement to be paid to investors by two former Dana Holding Corp. top executives who were the target of a securities-fraud class action lawsuit. In an order issued this week, Judge James Carr of the U.S. District Court in Toledo tentatively approved the settlement and scheduled a hearing for Nov. 18. In the meantime, the judge …
Thursday, a unit of HSBC Holdings said it will pay $1.575 billion in order to end a 14-year old shareholder class action lawsuit. The lawsuit stems from questionable mortgage lending undertaking more than a decade ago from the Household International consumer finance business that HSBC bought in 2003, according to an article by Jonathan Stempel for Reuters. In the second quarter, the company …
Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed against Halyard Health, Inc. (“Halyard” or the “Company) (HYH) and Kimberly-Clark Corporation (“Kimberly-Clark” or the “Company”) (KMB) on behalf of investors who (1) purchased or otherwise acquired Kimberly-Clark securities on or after February 25, 2013 and subsequently …
A group of app-dispatched food delivery drivers have served Chicago-based GrubHub with a class action, saying the company has wrongly classified them as contractors, when they should qualify as employees under the law. Six people who have worked for GrubHub took aim June 28 in Chicago federal court against the web-based food delivery coordinator, arguing their classification as independent …
Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of purchasers of Lipocine, Inc. (“Lipocine” or the “Company”) (LPCN) between June 30, 2015 and June 28, 2016, inclusive (the “Class Period”). Shareholders who have purchased …
If you purchased shares of Tangoe and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, …
Billabong is paying out $45 million to end a shareholder class action over earnings downgrades which saw the surf clothing company’s share price tumble in 2011. A short time ago, Billabong shares were down 0.76% to $1.31, well down on the 12-month …
Earlier this year, Voltage Pictures, which previously engaged in a lengthy court battle to require Canadian ISPs to disclose the names of alleged file sharers, adopted a new legal strategy. While the company obtained an order to disclose names in the earlier case, it came with conditions and costs. Its latest approach involves filing a reverse class action lawsuit against an unknown number of …
The law firm of Kessler Topaz Meltzer & Check, LLP announces that a shareholder class action lawsuit has been filed against CPI Card Group, Inc. (NASDAQ: PMTS) (“CPI Card” or the “Company”) on behalf of purchasers of the Company’s securities made pursuant or traceable to CPI Card’s initial public offering (“IPO”) on or around October 8, 2015. CPI …
Anyone who had six or more CRS-related repairs done to a Caterpillar ACERT engine is eligible for $10,000. A settlement has been reached in the class-action lawsuit that alleged Caterpillar’s 2007-2010 year model ACERT C13 and C15 engines were defective, driving up costs for owners and driving down resale value. Cat’s ACERT engines were introduced as the company’s alternative to exhaust-gas …