Company

Cinemark Asks Theater Shooting Victims to Pay $700,000 for Legal Fees

Cinemark, the company that owns the Aurora cineplex where 12 people were murdered in 2012, is seeking nearly $700,000 from several victims of the attack who unsuccessfully sued the theater chain. Lawyers for Cinemark earlier this month filed a “bill of costs” for $699,187.13 in Arapahoe County District Court. Colorado court rules say that the winning side in a civil case is allowed to recover …


T. Rowe Price and Dell Reach Settlement Over 2013 Dell Buyout

T. Rowe Price Group and Dell have reached a settlement over the computer giant’s $25 billion buyout, a deal the Baltimore money management firm opposed but voted in favor of in an embarrassing and unusual technical mix-up. The settlement resolves a lawsuit in which T. Rowe and other investors argued that Dell founder Michael Dell undervalued the company in his bid to take it private in 2013. A …


Grubhub Delivery Drivers Sue Over Contractor Status

A new federal lawsuit claims Grubhub misclassified its delivery drivers as independent contractors across the country, the latest salvo in a legal battle that has spread across the gig economy. The Chicago-based food ordering and delivery company is also involved in a similar federal case in California that was filed last September. Boston-based attorney Shannon Liss-Riordan, of Lichten & Liss- …


Windows 10 Lawsuit Threatens Security, Innovation

Everyone loves uncovering hidden features in Windows. I’ll never forget the time I figured out how to disable a default feature in the Edge Browser by creating a new Registry entry. Recently, lawyers have discovered their own hidden gem in Windows 10: lawsuit mode.


Pissed-Off Customers Sue GAW Miners in Proposed Class-Action Suit

SEC: Josh Garza and GAW Miners “robbed one investor to pay another.” This is the second civil suit filed against the company within the last six months—it was sued by the Securities and Exchange Commission in December 2015 over similar accusations of fraud. The SEC alleged $19 million worth of fraudulent deals.


Sandy Hook Families’ Lawsuit Challenged by Gun Manufacturer

Remington Arms, parent company of the manufacturer of the assault rifle used by Adam Lanza in the Newtown elementary school shooting, returned to a Connecticut courtroom today to ask a judge to strike a lawsuit by families of nine victims who died and by one teacher who was wounded but survived. The shooting at Sandy Hook Elementary School in December 2012 killed 20 students and six educators. …



Jake Peavy Among Athletes Listed in SEC Fraud Lawsuit as Losing Millions

San Francisco Giants pitcher Jake Peavy is among the athletes who were defrauded by investment adviser Ash Narayan, the Securities and Exchange Commission alleges in a lawsuit. Documents unsealed in federal court in Dallas indicate Peavy, Denver Broncos quarterback Mark Sanchez and former MLB pitcher Roy Oswalt were defrauded of around $30 million. Bloomberg News reported the SEC says Narayan …


Ticketmaster Fans Furious Over Pathetic Options for Free Shows

Ticketmaster customers are feeling scammed as the company rolls out free tickets and discounts after settling a $400 million class action lawsuit for ripping off users. While fans were eager to see their favorite acts on the concert giant’s dime, when Ticketmaster released its list of shows on Tuesday, that excitement quickly evaporated. That is, unless you’re a big fan of Kidz Bop, following …


SHAREHOLDER NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit Against Chiasma, Inc. And Reminds Investors With Losses to Contact the Firm

Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has been filed against Chiasma, Inc. (“Chiasma” or the “Company”) (Nasdaq: CHMA). Investors who purchased or otherwise acquired shares between July 15, 2015 and April 17, 2016, inclusive (the “Class Period”), are encouraged to contact the Firm prior to the August 8, 2016, lead plaintiff motion …