Ford is being accused of misleading and deceptive conduct in a class-action lawsuit. Picture: AP Photo/Hermann J. Knippertz TRADING in your car usually doesn’t involve signing a confidentiality agreement, but that’s what Ford has asked some of its customers to do before agreeing to purchase their allegedly dodgy second-hand cars. A class action involving thousands of disgruntled Ford customers …
Waqes Mubarik found out he was one of the unlucky ones in 2015 when the Volkswagen scandal broke out. His 2015 Passant diesel was equipped with one of the so-called defeat devices designed to cheat on emissions tests. “I’ve been a loyal customer to Volkswagen for years,” the physician’s assistant said on the phone from Barrie, Ontario.
Lundin Law PC announces it is investigating claims against Cobalt International Energy, Inc. (“Cobalt” or the “Company”) (NYSE: CIE) concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Cobalt were false and misleading and/or failed to disclose material information regarding the …
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Inovalon Holdings, Inc. Class A common stock (NASDAQ: INOV) pursuant and/or traceable to the Registration Statement and Prospectus (the “Registration Statement”) issued in connection with Inovalon’s February 12, 2015 Initial Public Offering (the …
After investigating the closing of Climax Packaging in Lowville, the state Labor Department is suing the company. That’s according to the United Steelworkers Union. “They agreed with us.
Throughout the Democratic primary, DNC chair Debbie Wasserman Schultz has been hit with many casual accusations of putting her thumb on the scale for Hillary Clinton. Now she’s been served with a class action lawsuit, making the accusations official. In a lawsuit filed Tuesday by Miami-based law firm Beck & Lee on behalf of a group of people who donated money to the Bernie Sanders campaign, …
The biggest money-damages antitrust settlement in U.S. history died Thursday at the 2nd U.S. Court of Appeals. Not because of last year’s scandal surrounding leaks to a onetime MasterCard lawyer since charged with fraud, but because the agreement between credit card giants MasterCard, Visa and the merchants suing them for inflating certain fees was fundamentally unfair to some of the retailers. …
In a unanimous ruling on Thursday, the US Court of Appeals for the Second Circuit rejected a settlement agreement between retailers and credit card issuers. Millions of retailers had reached a $7.25 billion antitrust settlement [NYT report] with Visa USA and MasterCard International [corporate websites] in 2013. However, after determining that some of …
The certification of class action status to current and former gold mineworkers suffering from silicosis and tuberculosis against over 30 historic and current gold mining companies in South Africa potentially opens the door for similar litigation across several sectors, including coal and manganese. Law firm Fasken Martineau partner Paul Fouché explains that there is common ground between the …
UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY In re: OCEAN POWER TECHNOLOGIES, Case No. 14-3799 (FLW) (LHG) INC. SECURITIES LITIGATION TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED OCEAN POWER TECHNOLOGIES, INC. (“OPT”) SECURITIES BETWEEN JANUARY 14, 2014 AND JULY 29, 2014, INCLUSIVE, AND/OR PURCHASED OR OTHERWISE ACQUIRED OPT SECURITIES PURSUANT TO AND/OR TRACEABLE TO …