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 …
BERLIN Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said. The lawsuit, for damages of 3.256 billion euro ($3.61 billion), was filed at a regional court in Braunschweig in VW’s home state of Lower Saxony on Monday and is …
CEO Matthias Mueller makes a statement, following a meeting ahead of deadline to inform U.S. regulators on plans to comply with standards, at the VW factory in Wolfsburg, Germany November 20, 2015. Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty …