Honda Motor Co. said Friday it has agreed to pay $605 million to settle a lawsuit filed by U.S. vehicle owners seeking compensation for economic losses related to recalls of Takata Corp. air bags. With the settlement by Honda, the Japanese automaker which had sold the most vehicles carrying Takata air bags, six automakers from Japan and Germany will pay a total of more than $1.2 …
The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Vince Holding Corp. (“Vince Holding Corp.”) (NYSE:VNCE) between December 8, 2016 and April 27, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States …
A former administrator who earlier this year sued Wright State University’s research arm has submitted a filing indicating a settlement in the suit may be forthcoming. Ryan Fendley, former senior advisor to the Wright State provost, filed a motion Sept. 6 in Greene County Common Pleas Court seeking additional time to submit a final entry reflecting a settlement. Fendley sued Wright State …
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 …
A class-action settlement case has been set up by Hagens Berman Sobol Shapiro LLP for owners of optical disc drives manufactured by four electronics companies in the U.S. District Court for the Northern District of California. Through litigation, Hagans Berman is in the process of securing settlement payments of $124.5 million from manufacturers Panasonic Corp., Panasonic Corp. …
An investor in NASDAQ:CXRX shares filed a lawsuit in New York over alleged violations of Federal Securities Laws by Concordia International. Investors who purchased shares of Concordia International Corp (NASDAQ:CXRX) have certain options and for certain investors are short and strict deadlines running. Deadline: October 14, 2016.
It looks like US website owners are prepared to take ad blockers to court. A number of “high traffic” websites in the US say they are likely to support legal action to ward off the threat of ad blockers, according to a new report. Research firm Medianomics carried out a survey of 42 websites and multi-site networks which represent an aggregate 2.2 billion visits per month — ranging from sites with 6 million to 10 million visitors, to those attracting 450 million monthly visitors — to assess which tactics they are likely to use in order to address the impact of ad blockers. …
News Corp has reached a $250m settlement in a class action lawsuit brought against it by several major consumer brands who accused the company of monopolistic practices and overcharging for in-store advertising in the US. Dial Corp and Kraft Heinz led the class action lawsuit which represented over 500 companies who claimed News Corp’s marketing division, News America Marketing, had been using …
News Corp reached a $250 million settlement in a lawsuit brought by several major consumer brands that accused the company of monopolistic practices and overcharging for in-store discount advertising. The suit involved News America Marketing, a division of News Corp that creates in-store and publication coupon inserts and helps brands promote goods in stores through displays, signs and shopping …
News Corp has agreed to pay out a total of $280 million to settle a long-running class-action lawsuit brought by several major packaged goods brands that accused the company of using its monopoly position to over-charge clients for in-store promotional advertising. The case was first brought in 2012 (a year before the separation of …