The U.S. Court of Appeals for the 9th Circuit has found that Uber’s arbitration agreements with its drivers are legal and binding. The decision partially reversed and partially affirmed a decision made in federal district court. “The panel held that the district court erred in assuming the authority to decide whether the parties’ arbitration agreements were enforceable,” the court …
NEW YORK, Oct. 14, 2016 — The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Cognizant Technology Solutions Corporation (“Cognizant Technology” or “the Company”) (NASDAQ:CTSH) between February 25, 2016 and September 30, 2016 . You are hereby notified that a securities class action lawsuit has been …
LearningRx, a Colorado Springs company that operates a franchised network of 80 tutoring centers in 25 states, is just beginning to recover after a 1½-year battle with the Federal Trade Commission over whether it could back up its advertising claims with scientific studies and other research. The company settled in May a lawsuit filed in federal court last year by the agency that alleged it …
CEO John Stumpf’s resignation, announced Wednesday , doesn’t come close to ending the troubles at Wells Fargo. The bank is still the subject of criminal probes and boycotts.
When Mylan ( $MYL ) quickly settled its Medicaid allegations a week ago with a $465 million payment, analysts and politicians predicted the company’s EpiPen trouble would be far from over. Now, that’s ringing true as the pharma faces a shareholder lawsuit pressing for damages from related share price drops. Bernstein Liebhard announced a class action suit claiming securities violations at Mylan …
Pomerantz LLP announces that a class action lawsuit has been filed against Mylan N.V. (“Mylan” or the “Company”) (NASDAQ: MYL ) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 16-cv-08000, is on behalf of a class consisting of all persons or entities who purchased …
Shares of Uranium Energy Corp. (UEC) gained nearly 1% in early morning trading on news that the company won a dismissal in a case before the United States District Court for the Southern District of Texas. The court issued a final judgment in favor of the uranium firm by dismissing a class-action lawsuit against the company. “The Court dismissed the action in its entirety with prejudice to the …
If the plaintiffs in a class action lawsuit filed against Primanti Bros. can prove alleged wage law violations, the company will likely face significant liability, according to a senior adviser for the organization Workplace Fairness. Lead plaintiff Chelsea Koenig, a Primanti employee, alleged in her lawsuit filed Sept. 9 in the U.S. District Court for the Western District of …
Wal-Mart has decided to appeal the court’s decision in the near future Published By: Jawwad Iqbal on September 22, 2016 09:35 am EST It appears that Wal-Mart Stores, Inc. (NYSE:WMT) maybe tied in a high profile litigation battle soon. According to an earlier report published on Reuters, the company is being slapped with a lawsuit leveled by shareholders who feel defrauded by Wal-Mart for hiding …
SolarCity Corp (NASDAQ:SCTY) is facing accusations of violating federal securities laws, leading to losses for some of its investors. A class action lawsuit against the company has commenced in a U.S. District Court for the Northern District of California. Securities litigation law firm Brower Piven is representing the affected investors and search for the lead plaintiff in the class action …