The judge in the class action suit against Fitbit, a suit that alleges the wearable company made misleading claims about its sleep tracking feature, has denied Fitbit’s motion to dismiss the case. The case could still be dismissed on other grounds or settled out of court. James Brickman of California filed suit in May 2015 — just after Fitbit announced its intention to go public.
BALA CYNWYD, Pa.–(BUSINESS WIRE)–Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Golden Enterprises, Inc. (“Golden” or “the Company”) (Nasdaq: GLDC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Utz Quality Foods, Inc. (“Utz”). Click here to learn …
Asset managers that limit employee retirement plan investment choices to proprietary, in-house mutual funds are putting a legal target on their backs, attorneys said. In the context of a rash of lawsuits by employees against financial services companies alleging breach of fiduciary duty in managing 401(k) plans, asset management companies that populate their retirement plans solely with house …
Lundin Law PC announces a class action lawsuit has been filed against Emergent BioSolutions, Inc. (“Emergent” or the “Company”) (EBS) concerning possible violations of federal securities laws between January 11, 2016 and June 21, 2016 (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact …
Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL). Investors who purchased or otherwise acquired shares between September 16, 2015 and June 1, 2016 (the “Class Period”) are encouraged to contact the firm in advance of the August 1, 2016 lead plaintiff …
The international company targeted in a multimillion-dollar class-action lawsuit over PFOA contamination is asking a federal court to dismiss or stay the lawsuit because the company is in litigation with the state of Vermont. The complaint, filed in May, asks that Saint-Gobain pay damages …
The $250 million gender bias suit against Merck & Co. just picked up more steam. Conditionally certified as a class action in May, the lawsuit has picked up more than 400 women to bolster allegations that the company underpaid female sales reps. Filed under the Equal Pay Act, the complaint alleges that Merck paid female reps less than male salespeople and thwarted women’s attempts to rise up …
An ex-customer of Theranos, located in Arizona, filed a class-action suit against the biotech company for faulty blood testing conducted at a blood draw location inside Walgreens. The man, initialed only as R.C. is also suing the pharmacy chain. …
CALGARY – Enbridge Inc. has reached a US$177-million settlement with the U.S. government six years after two major pipeline ruptures fouled rivers in the Midwest and damaged the company’s reputation. The settlement announced Wednesday includes US$61 million in fines for violations of the Clean Water Act related to a pipeline spill near Marshall, Mich., that sent more than 3.19-million litres of …
Thursday, a unit of HSBC Holdings said it will pay $1.575 billion in order to end a 14-year old shareholder class action lawsuit. The lawsuit stems from questionable mortgage lending undertaking more than a decade ago from the Household International consumer finance business that HSBC bought in 2003, according to an article by Jonathan Stempel for Reuters. In the second quarter, the company …