Company

Notices Nov 11, 2016

SHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of the Board of Directors of Brocade Communications Systems, Inc. -BRCD

SHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Brocade Communications Systems, Inc. -BRCD News provided by Brodsky & Smith, LLC Nov 09, 2016, 21:35 ET Share this article BALA CYNWYD, Pa. , Nov. 9, 2016 /PRNewswire/ — Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Brocade …

News Nov 11, 2016

Bombshell Lawsuit! Casey Kasem’s Daughter Suing Ex Biz Partner for ‘Ransom’ Scam

The daughter of the late radio legend, Casey Kasem , has headed to court accusing a filmmaker of trying to extort her for $100,000 RadarOnline.com has exclusively learned. Kerri Kasem and the charity she founded, Kasem Cares, filed suit against Cameron Glenar and his company Rose Street Productions , claiming that he is refusing to hand over footage for the documentary they worked on focusing …

Settlements Nov 11, 2016

NWA McDonald’s to Pay $103K to Settle Discrimination Lawsuit

A Northwest Arkansas McDonald’s owned by Mathews Management Company and Peach Orchard is set to pay $103,000 to settle a disability discrimination lawsuit, according to the Equal Employment Opportunity Commission. The lawsuit claimed a man was fired from a McDonald’s in Bentonville after management learned of his HIV-positive status. The suit also charged that the companies’ …

Securities Nov 10, 2016

Shareholder Sues to Block $2.7B Genworth Deal

The Genworth campus off West Broad Street near Glenside Drive. (Michael Schwartz) A local Fortune 500 company’s deal to be acquired and taken private by a Chinese conglomerate has caught the ire of at least one disgruntled investor. The members of the board of directors of Henrico-based insurance giant Genworth Financial were sued last week in Richmond federal court by shareholder Harold …

Class-Actions Nov 9, 2016

Two More Class-Action Lawsuits Filed in Horsham, Warminster Water Contamination Case

Two class-action lawsuits have been filed by area law firms on behalf of residents against firefighting foam manufacturers due to water contamination in the Horsham and Warminster areas. Norristown-based Creedon and Feliciani, along with Philadelphia-based Levin, Fishbein, Sedran, & Berman have announced that the suits will be filed on behalf of 14 residents of Montgomery and Bucks counties …

Class-Actions Nov 9, 2016

Samsung Hit With Class-Action Lawsuit Over Note 7 in Canada

Samsung really can’t seem to catch a break. The company has been hit with a class-action lawsuit in the US , and they are also facing legal action in Korea , and now it looks like customers in Canada are filing a class-action lawsuit against the company in Canada following the spate of Galaxy Note 7 explosions. According to the lawsuit, customers are seeking compensation in the form of damages, …

News Nov 9, 2016

Exxon Misled Investors About Climate Risks, Suit Says

ExxonMobil Corp. is misleading investors about the drop in its oil and gas reserves resulting from climate change risks and the decline in oil prices, according to a class action lawsuit filed in federal court ( Ramirez v. ExxonMobil Corp. , N.D. Tex., No. 16-cv-03111, complaint 11/7/16 ).

News Nov 9, 2016

Lawsuit Accuses Facebook of Violating 1964 Civil Rights Act

A class action lawsuit filed in California last week accuses Facebook of violating key civil rights laws after it was discovered that the social media company has a feature that allows advertisers to target users by race and ethnicity. Facebook has a self-service advertising page, which offers many different marketing functions. One of the features allows for advertisers to “EXCLUDE people” and …

News Nov 9, 2016

Netflix Moves to Strike Relativity’s ‘Desperate and Futile’ $1.5 Billion Lawsuit

Netflix is looking to strike down a $1.5 billion lawsuit from Relativity Media claiming breach of contract and libel, saying the embattled production company only wants to blame the streaming giant for its failure. The lawsuit from Relativity, on which TheWrap reported exclusively in October , said Netflix acted in “bad faith” over an output deal that paid millions to Ryan Kavanaugh’s company …

Lawsuits Nov 9, 2016

World Trade Center Lawsuit Unraveling as Trial Approaches

The increasingly bizarre litigation over the World Trade Center building appeared to quickly unravel Monday (Nov. 7) when neither the man behind the lawsuit nor any lawyers representing his company showed up in court to pursue the case. Two Canal Street Investors’ case against the city of New Orleans challenges the lease of the 33-story building to a Four Seasons hotel development team with …