The San Francisco-based men’s club for the rich and powerful that hosts the annual Bohemian Grove encampment at Monte Rio will pay $7 million to settle a class-action lawsuit from seasonal workers alleging unfair labor practices. Terms of the agreement involving 664 current and former valets employed from May 2011 to December 2014 received provisional approval Wednesday from Sonoma County …
The developers of a seven-home subdivision in the Town of Fishkill have been ordered to halt further work on drainage infrastructure that one of its neighbors says caused flooding on its property. State Supreme Court Judge Christine Sproat on May 17 granted the East Hook Sportsmen Association’s request for a preliminary …
Renaud Laplanche stepped down last Friday, the online lender announced today. According to an internal investigation, Laplanche had improperly managed $22 million in loan sale agreements in March and April. Three additional senior executives resigned or were fired.
The High Court in London, UK, is to consider a class action lawsuit that alleges members of a worldwide timeshare exchange club suffered detriment over improper âskimming offâ of premium timeshare properties. The case, set for Monday 9 May, concerns premium timeshare properties from the exchange pool by the exchange club …
After obtaining a $1.2 million class-action settlement with a Key West, Florida, strip club for not paying wages to dancers it treated as employees, two lawyers have filed another federal lawsuit with similar allegations against another club called Teasers. In addition to two other lawsuits, this makes a total of three similar lawsuits on behalf of dancers by Scott Atherton of West Palm Beach …
Two trainers have filed a class-action lawsuit against Crunch, New York City, over unpaid wages, according to a New York Post report. Arielle Jernigan, a former trainer at the New York City Crunch on East 59th Street, and Kadeem Johnson, who remains employed at the club, filed the suit in New York state Supreme Court in Manhattan on behalf of 30 to 40 other Crunch trainers, according to the …
The owner of a Key West strip club has agreed to pay up to $1.2 million to settle a class-action lawsuit with dancers who went after him for not paying minimum wage or overtime to women he treated as employees although they worked for tips only. The settlement, filed April 8, awaits a federal judge’s approval but was signed March 31 by Mark Rossi, a former Key West city commissioner who owns…
Securities Investors Association (Singapore), or SIAS, announced this week that it will not hesitate to take errant companies to court – representing minority investors in class-action suits more commonly seen in jurisdictions like the United States. The association’s announcement begs the question: is such an action a viable alternative for minority investors here seeking…
VCs have pumped up the value of the “unicorn” startups. Now tech IPOs are in trouble. Good luck getting out.