State Treasurer Denise L. Nappier today announced that Amgen Inc. has agreed to pay $95 million to settle a class action suit filed on behalf of investors who bought Amgen securities between April 2004 and May 2007. “As lead plaintiff, we have diligently pursued this action for nearly a decade. This settlement will assist institutional and …
Two men filed a class-action lawsuit against Snapchat under a 2008 Illinois state law that requires a company to obtain written consent before using an individual’s biometric data, according to a report by Inc. Initially filed by plaintiffs Jose Luis Martinez and Malcolm Neal in Los Angeles County court in May, the case has recently been moved to U.S. District Court for the …
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.
A federal appeals court on Wednesday revived Ohio’s lawsuit accusing Freddie Mac of defrauding the state’s $87.3 billion public pension fund by hiding its exposure to subprime and other risky mortgages prior to the 2007-09 financial crisis. The 6th U.S. Circuit Court of Appeals said a lower court judge erred in finding that the Ohio Public Employees Retirement System (OPERS) did not plausibly …
Owners of front load washers could collect from a recent class action settlement. “It smelled all the time and I was constantly having trouble with it…didn’t matter how much deodorizer you spray. run the cleaner through the machine.
Approximately 800 members in a class action lawsuit recently won a case against the North Carolina Department of Transportation (NCDOT) and its Roadway Corridor Official Map Act. The decision in the case, Kirby v. NCDOT, was made June 10 by the North Carolina Supreme Court. The court ruled that limitations handed down on property owners under the Map Act …
When Connecticut State Treasurer Denise Nappier announced Wednesday that the state retirement fund, as the lead plaintiff in a securities class action against the biotech company Amgen, had settled the case for $95 million, I was startled to realize the litigation was still going on. It’s been a while, after all. Investors first sued Amgen all the way back in 2007 for (among other …
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 …
Amgen Inc. will pay $95 million to settle a class action lawsuit, the company announced Wednesday. The suit was filed on behalf of shareholders who purchased Amgen stock from April 22, 2004 through May 10, 2007 and sought to recover damages for certain statements made by the Thousand Oaks biotech. Amgen believes the lawsuit has no merit and emphasizes the settlement is not an admission of guilt …
Drivers who won a $1.8 million class-action suit against a small Ohio town over its use of red light cameras want to collect their damages — straight from the pockets of a new crop of motorists caught by the unpopular and all-seeing digital eyes. Lawyers for thousands of drivers cited in New Miami filed a class-action lawsuit in 2013 against the Butler County town of 2,000 for using an …