Company

Curt Schilling, Others Agree to Pay $2.5M in 38 Studios Lawsuit Settlement

Former Red Sox pitcher Curt Schilling and others agreed to a $2.5 million settlement to end their part of a lawsuit brought over Rhode Island’s disastrous $75 million deal with 38 Studios, his failed video game company. If approved by the judge overseeing the lawsuit, the agreement filed Monday with four 38 Studios officials brings an …


Lyft Sued for Millions for Allegedly Overcharging New Yorkers

A potential class-action lawsuit filed earlier this week in New York City claims Lyft has regularly overcharged riders for tolls there and seeks nearly $60 million in damages. In court documents submitted to the U.S. District Court for the Southern District of New York, attorneys Neal Bhushan and Kevin Caldwell argue the ride-hailing service made a habit of charging passengers the higher “cash” …


l’Oreal Causes Hair Loss? US Class Action Lawsuit Says Product Uses Toxic Substances

A hair relaxer marketed by top notch celebrities from Cynthia Bailey to first lady Michelle Obama is the target of a new U.S. class-action lawsuit amid allegations that the product actually causes hair loss. The L’Oreal product, which promises “fuller, silkier hair” causes “disturbing and distressing injuries including hair loss and breakage as well as scalp irritation, blisters and burns,” …


Welspun to Face Two Class-Action Lawsuits in US Courts

The class action complaint, filed with the United States District Court for the Eastern District of Missouri, Eastern Division, accuses Welspun of violating Missouri’s consumer fraud statutes and other laws, through deception, fraud, false pretence, false promise, misrepresentation, unfair practice or concealment, suppression, breach of warranty and/or omission of material fact, among other things …



US Judge Vacates Och-Ziff Class Action Lawsuit Hours After Certifying It

A federal judge on Wednesday certified a class-action lawsuit against Och-Ziff Capital Management related to a bribery probe, only to throw out the certification six hours later after being advised that the company had not had a chance to object. The reversal by U.S. District Judge Paul Oetken in Manhattan came in a lawsuit in which Och-Ziff shareholders accused the largest publicly traded U.S. …


Donald Watkins Says Attorney Is Demanding SEC Dismiss Lawsuit Against Him

Donald Watkins, in a Facebook post on Wednesday, says his lawyer has demanded the Securities and Exchange Commission dismiss the civil lawsuit the agency filed claiming he defrauded professional athletes and other investors out of millions of dollars and using much of it on personal expenses. Watkins, an Alabama businessman and attorney who once represented long-time …


Och-Ziff Says U.S. Judge Ignored Own Deadline in Class Action

Lawyers for Och-Ziff Capital Management Group LLC said a federal judge ignored his own deadline by certifying a class-action lawsuit tied to a bribery probe on Wednesday without giving the largest publicly traded U.S. hedge fund company a chance to object. U.S. District Judge Paul Oetken in Manhattan said Och-Ziff shareholders from February …



Sued for Wage Theft: More Headaches for Chipotle (CMG)

Just when you thought Chipotle Mexican Grill Inc (CMG) might be getting back on track, a politician calls for an investigation into allegations of wage theft by the restaurant. Rosa DeLauro, a Democratic representative from Connecticut, is trying to convince the U.S. Labor Department to investigate Chipotle after a class-action lawsuit was filed in Colorado. The lawsuit claims Chipotle …