After just three months as president of Impact Ventures, the parent company of TNA Wrestling, Billy Corgan is out and engaged in a lawsuit over loans he paid the league that have not been paid back. On Thursday (Nov. 3), TNA issued a press release announcing new funding and as, Consequence of Sound reports, it also notes that “Billy Corgan is no longer with the company.” The Smashing Pumpkins …
Uber Technologies Inc. settled a lawsuit filed by two women who sought to hold the company responsible for alleged sexual assaults by drivers. Terms of the accord weren’t disclosed in court papers. The settlement follows a federal judge’s ruling six months ago rejecting the company’s argument that it couldn’t be blamed for sexual attacks by drivers, who it classifies as contractors rather than …
An earlier lawsuit filed by Rosen Law Firm alleged that Cognizant lacked effective internal controls over financial reporting, and that as a result of the improper payments related to 12 facilities made in India, the company’s statements about its business, operations and prospects were materially false and misleading and lacked a reasonable basis. When the true details entered the market, the …
Lundin Law PC , a shareholder rights firm, announces a class action lawsuit against Sanderson Farms, Inc. (“Sanderson Farms” or the “Company”) ( SAFM ) concerning possible violations of federal securities laws between December 17, 2013 and October 6, 2016 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during …
Late Monday afternoon, U.S. District Judge John T. Copenhaver made public the “term sheets” in tentative class-action settlements with West Virginia American Water Co . and Eastman Chemical Co . aimed at resolving litigation over the role both companies played in the water crisis that followed the Jan. 9, 2014, chemical spill at Freedom Industries.
Today in DC District Court, Airbnb successfully blocked a proposed class action alleging racial discrimination on the company’s platform. The lawsuit alleged systematic discrimination by Airbnb hosts, enabled by various design choices made by the company. But after today’s decision, there won’t be a public ruling on the discrimination itself.
A pillow manufacturer that claimed its products could help people with fibromyalgia, restless leg syndrome and sleep apnea has agreed to pay $1 million to settle a false advertising lawsuit filed by Alameda County and eight other California counties. Claims in advertising and testimonials by the …
Two companies targeted in a class-action lawsuit in connection with the 2014 chemical spill and water emergency that impacted approximately 300,000 residents in parts of nine West Virginia counties have agreed to pay $151 million in damages. Details of the settlements by the plaintiffs with West Virginia American Water Company and Eastman Chemical were released Monday …
McDonald’s has agreed to pay $3.75 million to settle a lawsuit claiming it was liable for labor law violations by a California franchisee, marking what lawyers said was the first time the company has settled legal claims by a group of U.S. workers at one of its franchises. In a filing in U.S. district court in San Francisco on Friday, lawyers representing about 800 employees at five restaurants …
Hundreds of thousands of Kanawha Valley residents, businesses and workers will receive up to $151 million in compensation from West Virginia American Water Co. and Eastman Chemical Co. …