Stuart CondieAAP Slater & Gordon class action near certain Slater and Gordon is “almost certain” to face a class action from shareholders who have seen more than 90 per cent wiped off the value of their investment in the law firm. Rival legal outfit Maurice Blackburn says the near $1 billion loss unveiled on Monday by Slaters was further ammunition for the potential class action it first …
Under the Ontario Securities Act (“OSA”), a statutory right of action exists for secondary market misrepresentation for any person who acquires or disposes of an issuer’s securities within the relevant time period. An action for secondary market misrepresentation requires leave of the court under s. 138.8. Such leave may only be granted where a plaintiff has met his burden of showing, to a …
News Corp has reached a $250m settlement in a class action lawsuit brought against it by several major consumer brands who accused the company of monopolistic practices and overcharging for in-store advertising in the US. Dial Corp and Kraft Heinz led the class action lawsuit which represented over 500 companies who claimed News Corp’s marketing division, News America Marketing, had been using …
Dow Chemical said Friday it will pay $835 million to settle a long-standing class action lawsuit, after the death of Justice Antonin Scalia decreased its chances of prevailing at the Supreme Court. The announcement is an early indication of how corporations are shifting their legal strategy following the loss of the court’s 5-4 conservative majority. “I think most corporations facing class …
TORONTO – Ontario’s top court will hear arguments on Monday about whether two lawsuits arising out of the mass detentions during the tumultuous G20 summit in 2010 should go ahead as class actions. Police authorities in Toronto want the Court of Appeal to quash the proceedings, which have already been subject to two lower court rulings. The courts had originally ruled against certifying a class …
Credit: Janitors / photo on flickrRecently the ridesharing company Lyft, Uber’s largest competitor, settled a pending lawsuit for $12.25 million. Lyft can continue to classify its drivers as independent contractors—a designation that is crucial to the sharing economy’s success. But the settlement may lead to additional difficulties for other sharing-economy companies.
by Ian Millhiser Feb 1, 2016 8:00 am Lochner v. New York is one of the Supreme Court’s great anti-precedents. Typically taught in law schools as an example of how judges should not behave, Lochner rested on a fabricated “right to contract” that, in effect, gave employers broad license to exploit their workers. The so-called right invented in Lochner and similar cases later formed the basis for …
WASHINGTON The U.S. Supreme Court on Wednesday ruled against advertising firm Campbell-Ewald in a class action case, saying the lawsuit can proceed over claims the company violated a federal consumer law by sending unsolicited text messages on behalf of the U.S. Navy. In a 6-3 decision, the court upheld a ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals rejecting Detroit- …
Flint residents file class action suits as water crisis continues Local News Flint residents file class action suits as water crisis continues The story of Flint’s water crisis is getting more national attention, but this is something that the people of Flint have been dealing with for months. Now, they’re taking their fight to all levels of government. FLINT, Mich. (WJBK) – The story of …
Halt gutting of class action Is Congress acting to protect Volkswagen? I�m sure you�ve heard about Volkswagen�s emissions scandal, where the automaker intentionally installed �defeat devices� in millions of cars around the world to cheat auto emissions regulations. Consumers who thought they were buying �clean diesel� TDI engines were in fact polluting up to 40 times above national standards, …