Company

Notices Apr 21, 2016

GPM Reminds Investors of the April 29 Deadline in the Class Action Lawsuit Against G. Willi Food International Ltd. And Encourages Investors to Contact the Firm

Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 29, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased G. Willi Food International Ltd. (“G. Willi” or the “Company”) (NASDAQ: WILC) securities between April 30, 2014 and February 18, 2016, inclusive (the…

Notices Apr 21, 2016

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of the Board of Directors of Lexmark International, Inc. -LXK

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Lexmark International, Inc. -LXK Apr 20, 2016, 21:35 ET from Brodsky & Smith, LLC BALA CYNWYD, Pa., April 20, 2016 /PRNewswire/ — Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lexmark International, Inc. (“Lexmark” or “the…

Lawsuits Apr 13, 2016

Miami Is Ground Zero for Class-Action Lawsuits Over Deceptive Beer Labeling

On April 1, a class-action complaint was filed by Dr. Henry Vazquez against Anheuser-Busch Companies in United States District Court, Southern District of Florida. The suit alleges that the company’s Leffe beer hasn’t been brewed by monks since the days of Marie Antoinette. The 51-page court document states: In reality, Leffe Beer has not been brewed at the Abbey of Leffe since the Abbey was …

Lawsuits Apr 13, 2016

Allstate Can’t Avoid Class Action With Offer to Lead Plaintiff

Ruling in a Bay Area robocall case, a federal appeals court said Tuesday that a company can’t scuttle a proposed class-action suit it is facing by trying to buy off the lead plaintiff. The Ninth U.S. Circuit Court of Appeals in San Francisco addressed an issue that the U.S. Supreme Court left unresolved in a ruling in January: whether a company or person accused of violating the rights of large …

Lawsuits Apr 13, 2016

Uber May Be the Ridesharing Goliath in the US, but Internationally It’s Become a Wounded, Whining David

Yesterday, the coalition of billionaires and entrepreneurs wanting to destroy Uber launched an already promised service: The ability for Lyft to fulfill rides booked via Didi Kuaidi’s app in the United States. It’s the first step in an ambitious plan where Grab, Ola, Didi, and Lyft– the four major Uber spoilers in the world– will work together to provide a global ride sharing solution. It’s …

Settlements Apr 13, 2016

Goldman Sachs Will Pay $5B for Fraudulent Sales of Toxic Debt, No One Will Go to Jail

No one at Goldman Sachs will go to jail despite the company’s world-destroying, multi-billion-dollar frauds that culminated in its unloading billions’ worth of worthless mortgage-backed securities on its customers just before the crash. Goldman’s settlement requires it to admit that it knowingly committed these frauds for years on end. Again, no one will go to jail.

Lawsuits Apr 13, 2016

Lawsuits Charge That 3M Knew About the Dangers of Its Chemicals

For decades 3M was the primary producer of C8, or PFOA, and was the sole producer of a related chemical known as PFOS. But while DuPont was caught up in a massive class action suit over C8, 3M has largely avoided public scrutiny and serious legal or financial consequences for its role in developing and selling these industrial pollutants. In February, however, a state court in Minnesota, where …

News Apr 13, 2016

It’s Back to the Drawing Board for Lyft Class Action Settlement

When the ride-hailing company Lyft agreed to settle a proposed class action with its drivers, commentators noted that the tech company was getting off easy. For $12.5 million and some small concessions that did not include classifying drivers as employees, Lyft could have escaped a major challenge to its business model. Except, just a few months after the deal was struck, a federal judge …

Lawsuits Apr 13, 2016

Amazon Megadam: European Companies Line Up to Bid for Giant New Hydro Project

Major European energy companies are set to build and run the controversial mega-dam project planned for the Tapajos river in the heart of the Amazon. This comes as a senior construction official has implicated the nearby Belo Monte dam in the massive corruption scandal that has engulfed President Dilma Rousseff and the country’s most powerful political figures. The Brazilian government is …

Lawsuits Apr 7, 2016

Lyft’s $12.25 Million Settlement With Its Drivers Has Been Rejected

A California judge issued a preliminary ruling Thursday rejecting Lyft’s $12.25 million settlement with some of its drivers. US District Judge Vince Chhabria said the settlement amount would have “shortchanged” drivers, according to Reuters. “We’re disappointed in the preliminary ruling.”