The NYSE is bracing for a civil lawsuit from the SEC after a botched technology upgrade paralyzed the exchange for about four hours in July 2015. In an announcement on Tuesday, Intercontinental Exchange, the NYSE’s parent company, confirmed that it had received a Wells Notice that states the SEC’s intention to sue. Read more Intercontinental Partners received its Wells Notice on December 29, …
The legal team behind the class action lawsuit against defunct digital currency exchange Cryptsy has launched a new site in a bid to locate potential claimants. The site, CryptsySettlement.com, details the process by which affected customers of the exchange can submit a claim or to request an exclusion â an option potentially preferred by those hoping to launch their own litigation related …
Three years ago a 30-year-old mentally ill man fatally shot a California woman as she admired a scenic view on the Oregon coast, using one of three weapons acquired by the killer’s mother from gun dealers. The family of the dead woman, 57-year-old Kirsten Englund, filed a wrongful death lawsuit earlier this year against two gun dealers who sold the firearms and against the …
The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion-a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank (DBKGn.DE), Morgan Stanley (MS.N) and five other large banks that have yet to settle. U.S. District Judge Lorna Schofield in Manhattan dismissed antitrust claims …
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on August 19, 2016, in the U.S. District Court for the Western District of Washington at Seattle (the “Court”) on behalf of the shareholders of Outerwall Inc. (“Outerwall”) (NASDAQGS: OUTR) against its Board of Directors for, among other things, violations …
The pharmaceutical company allegedly shielded their branded drugs from generic competition and inflated their revenues using a fraudulent scheme. T. Rowe Price also declined to comment. The lawsuit points to Valeant’s alleged decisions to massively increase prices of so-called “orphan drugs” to treat rare medical conditions that face little or no competition and “back door” efforts to receive …
Scott Dodich and Jayme Gotts-Dodich have a clear message for the Pokémon Go players who have invaded their local park and private cul-de-sac in St. Clair Shores, Michigan: Get off of their lawn! Also, don’t park in front of their driveway and those of their neighbors, and don’t trample their landscaping and look in their windows — and, when they ask you to leave their property, don’t yell, …
The High Court in London, UK, is to consider a class action lawsuit that alleges members of a worldwide timeshare exchange club suffered detriment over improper âskimming offâ of premium timeshare properties. The case, set for Monday 9 May, concerns premium timeshare properties from the exchange pool by the exchange club …
CLEVELAND, Ohio — Investors who still own stock in Cleveland-based Cliffs Natural Resources face another round of bad news. Their stock lost more than 12 percent of value Tuesday, closing at just $2.38 a share on the New York Stock Exchange, after two investors who previously bought unsecured bonds in the company filed a class action lawsuit. The complaint, filed in a federal court in New …
Are we about to witness a breakthrough in the case of the missing $6 million in cryptocurrencies that Cryptsy claims were stolen by a hacker? could be. The bitcoin exchange has just publicly released a “Reward Contract” signed with an anonymous hacker that goes by the alias Cryptcracker.