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Class-Actions Aug 21, 2017

Vishal Sikka Resigns: Infosys Board Didn’t Trigger His Exit to Cause Losses, US Investors’ Class Action Suit Will Fail

A few US institutional investors are planning to file a class action suit against the board of Directors of Infosys Technologies Ltd (Infosys) which is in the eye of a storm following resignation by its CEO cum MD Vishal Sikka. Infosys is listed both in India and in the USA. The US listing became necessary after Infosys raised capital through public issue made there in the form of American …

Lawsuits Aug 21, 2017

A Day After Vishal Sikka’s Exit as CEO, 3 US Law Firms File Suits Against Infosys

At least three US-based law firms sent out statements on Saturday saying they would initiate class-action lawsuits against Infosys for unlawful business practices, an exercise that is not uncommon with US-listed companies every time they go through a change, especially in the case of mergers and acquisitions. A day after Infosys chief executive Vishal Sikka stepped down from his role at India’s …

Lawsuits Aug 17, 2017

Google Employees Plan to Bring Class Action Lawsuit Over Gender Pay

A group of more than 60 female Google employees are considering bringing a class action lawsuit against the company for sexism and pay disparities, it has been reported. The action comes after a memo was leaked at the weekend from a male software engineer, which claimed that “biological differences” were behind the fact that more men worked in …

News Aug 15, 2017

Over 60 Women Plan Class-Action Lawsuit Against Google Over Wage Gap

Days after an anti-diversity “manifesto” went viral inside Google and infuriated thousands of its employees, over 60 current and former Google employees are now considering suing the company for sexism and pay disparities against women. According to a report in The Guardian on Tuesday, civil rights attorney James Finberg is working on bringing a class-action lawsuit on behalf of the female …

Class-Actions Aug 15, 2017

Big Brother Mickey: Class-Action Lawsuit Alleges Disney Spied on Children Through Several Apps

Big Brother Mickey Mouse is spying on children through several of Disney’s apps, a recent federal class-action lawsuit alleges. A lawsuit filed against the Walt Disney Company last week claims that the company violated privacy protection laws by “collecting children’s personal information from 42 of its apps and sharing the data with advertisers without parental consent,” according to The …

Settlements Aug 15, 2017

Nissan Owners Might Be Entitled to $500 as Part of a Class Action Settlement

The owners of select Nissan automobiles may be entitled to multiple forms of compensation, including a $500 payment, use of a rental car and an extended warranty, after the company agreed to pay $97.7 million to settle a class-action lawsuit on Tuesday. The suit was brought against the company after 4.4 million vehicles were recalled due to an issue with Takata air bag inflators, according to …

Class-Actions, Securities May 15, 2017

Barrick Up Despite Lawsuit

Los Angeles-based law firm Glancy Prongay & Murray LLP said last week it had filed a class action lawsuit in the US District Court for the Southern District of New York on behalf of those who acquired Barrick shares between February 16 and April 24 this year. The complaint alleges that Barrick made materially false and/or misleading statements during the period about the situation at the …

News May 15, 2017

The Latest: Alaska Lawmaker Predicts Strong Mine Opposition

The speaker of the Alaska House said he believes there will be a rising up of opposition if a mine proposed near the headwaters of a world-class Alaska salmon fishery advances. Rep. Bryce Edgmon represents the Bristol Bay region, where the Pebble Mine project is located.