A judge in Oklahoma has signed off on the state’s $85 million settlement with Israeli-based Teva Pharmaceuticals following a squabble between the attorney general and the Legislature and governor over how the deal was structured. Cleveland County District Judge Thad Balkman said Monday he signed the agreement calling for the funds to be used to help abate the state’s opioid crisis. Kevin Stitt …
The next fight for the Raiders may be in a courtroom, as the city of Oakland is considering a lawsuit against the Silver and Black. The issue: a $90 million stadium commitment by taxpayers. The Oakland City Council was meeting in a private session Tuesday afternoon.
U.S. courts approved more securities class-action settlements in 2016 than in any year since 2010, according to a report from Cornerstone Research. The 85 settlements reached last year were just five more than the previous year. However, the aggregate dollar amount in the cases, just under $6 billion, was nearly double the 2015 total and the second-most in the past decade.
Former Banksia investors could win a further two cents in the dollar in Supreme Court settlement. Richmond Sinnott and Delahunty Accountants is among a number of parties as part of a possible settlement with former Banksia investors. FORMER investors in the failed financial institution Banksia could expect a moderate windfall in the coming months as a $13.25 million Supreme Court settlement …
THE FASHION LAW EXCLUSIVE – Zara has been hit with a massive lawsuit alleging that it is engaged in the widespread practice of deceiving American consumers through a classic bait and switch scheme in connection with its pricing. The $5 million-plus proposed class action lawsuit, which was filed by Devin Rose in the United States District Court for the Central District of California, a federal …
Hephzibah Dollar started driving with Uber to make a living and find a home for her two boys. She didn’t have a place to live at the time. So she put her possessions in storage, leased an SUV from Uber’s partner Santander, then drove it all day long until she had to pick up her boys.