Companies

New Gov’t Rule Would Give Americans More Power to Sue Banks

On Thursday, the Consumer Financial Protection Bureau (CFPB) proposed a new rule that would ban the use of mandatory arbitration clauses, which many banks and credit card companies insert into contracts to prohibit customers from filing class-action lawsuits against them. In the event a customer sues a company outside of small-claims court, the business can enforce these clauses to block a …


Lawsuits Challenging Food Labels on the Rise, but Are They Good for Consumers?

now, you probably know your Parmesan cheese may contain wood pulp, your oatmeal might not contain maple syrup and your tuna could be a little light in the can. And that’s just from the past few months. Would-be class-action lawsuits that challenge food labeling claims have been on the rise in recent years, driven in part by increased consumer demand for healthier food and more honest labeling, …


SE Side Residents Say Petcoke Settlements Not Enough

Southeast Side activists say the air seems to be a bit cleaner these days, but they still want to see out of their communities, companies that deal with the gritty petroleum byproduct known as petcoke. Southeast Siders recently agreed to a class action settlement in two lawsuits against several companies and Olga Bautista, mother of two and member of the Southeast Chicago …


‪‘South Beach Tow’ Company Hit With Class Action Suit From MasTec Family Member ‬

A member of a politically powerful Miami family wants to carry the torch for those stung by Miami Beach’s much-maligned tow truck operators and has filed a class action lawsuit accusing a company of illegal towing from private lots. Raul Mas Canosa, businessman and youngest brother of the late Cuban-American business magnate and anti-Castro lobbyist Jorge Mas Canosa, is alleging he was …


Accounting Fraud Getting Increased Attention From the SEC and Class Action Counsel

Accounting and financial disclosure issues are increasingly becoming the focus of litigation – both with the Securities and Exchange Commission (SEC) and the plaintiffs’ class action bar – according to recent pronouncements from the SEC and a leading research firm that tracks securities class actions. Last week, the SEC announced two financial fraud cases against …


CA ‘Made in U.S.A.’ Law: Despite Amendment, Litigation Targets Cosmetic, Food, Beverage Industries

More than 200 litigation notices were sent in recent months to cosmetic, food and beverage companies claiming products violated California’s statute governing products labeled “Made in U.S.A.,” despite an amendment to the law. California-based Kazerouni Law Group, APC sent notices, threatening class-action lawsuits against companies selling products in California labeled “Made in U.S.A.,” “Made …


Mercer County Property Owners Could Wait on Drill Settlement

Property owners in Mercer County who sued Halcon Resources, a Texas based gas and oil drilling company, over failing to drill could wait longer to get their settlement. The two companies who negotiated the leases for more than 60,000 acres of land want a hold on that settlement. The companies’ attorneys …


Diamond Pet Food, Costco Pay Settlement in Canadian Salmonella Cases in Pets

Diamond Pet Food and Costco have begun paying settlements to Canadian pet owners who say their pets required screening and/or treatment, or the pets died, after they were exposed to Salmonella in 2011 and 2012. A class action lawsuit was filed against Diamond Pet Foods and its distributor, Costco, after pet illnesses and some deaths occurred. While admitting no liability, the companies agreed …


Federal Appeals Court Allows Uber to Appeal Approval of Class Action

The US Court of Appeals for the Ninth Circuit [official website] on Tuesday agreed to hear an appeal by Uber of a federal district court order that certified a class of nearly 160,000 drivers in California who challenge their status as independent contractors. Uber’s attorneys argue that the drivers signed away their right to participate in class-action …


Amazon Megadam: European Companies Line Up to Bid for Giant New Hydro Project

Major European energy companies are set to build and run the controversial mega-dam project planned for the Tapajos river in the heart of the Amazon. This comes as a senior construction official has implicated the nearby Belo Monte dam in the massive corruption scandal that has engulfed President Dilma Rousseff and the country’s most powerful political figures. The Brazilian government is …