Match Group stock tumbled as much as 9% after the Federal Trade Commission announced a lawsuit alleging the company used fake love-interest ads to lure consumers into buying subscriptions. Consumers purchasing Match.com subscriptions “generally were unaware” that as many as 25% to 30% of members were using the platform for scams, the FTC said Wednesday. Watch Match trade live here. Tinder- …
CHARLESTON, S.C. (SEPT. 19, 2019) — U.S. District Court Judge Richard Gergel ruled in favor of The Episcopal Church in South Carolina today on the trademark infringement and false advertising lawsuit filed in 2013. At that time, Bishop Charles vonRosenberg was the only bishop recognized by The Episcopal Church and the Anglican Communion as bishop of the Diocese of South Carolina. The Episcopal …
NEW YORK, NY / ACCESSWIRE / August 22, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. Levi & Korsinsky …
A federal judge has thrown out one of the whistleblower lawsuits that allege UnitedHealth Group received larger Medicare Advantage (MA) payments because of supplying false information. U.S. District Judge John Walter of California’s Central District said the Department of Justice (DOJ), which is taking part in the lawsuit, didn’t show the insurer knew the claims submitted were false. Walter …
Government sub-contractor agrees to settle whistleblower allegations of false claims and defective rebar meant for construction of nuclear waste facility. DALLAS, TX and ATLANTA, GA — Energy & Process Corporation (E&P) has agreed to pay the United States $4.6 million to settle whistleblower allegations that the company provided defective rebar for the construction of a government-owned nuclear …
The Daily Mail has apologized to Melania Trump and agreed to pay damages to settle a lawsuit filed by the first lady after the publisher made false claims about her work as a professional model. The settlement was announced in a joint statement from the Daily Mail and Trump’s lawyers. “We accept that these allegations about Mrs. Trump are not true and …
BofI Holding, Inc. operates as the holding company for Bank of Internet USA. The Bank provides consumer and business banking products in the United States. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies.
The complaint alleges that the Company made false and/or misleading statements and/or failed to disclose that: (1) Citizens’ brokers and pitchbooks falsely claimed that most of the funds from its insurance policies were directly invested …
JFJN Law (the “firm) announces the filing of a class action lawsuit against Caterpillar, Inc. (“Caterpillar” or the “Company”) (CAT). Investors who purchased or otherwise acquired shares between February 19, 2013 and March 1, 2017 inclusive (the “Class Period”) are encouraged to contact the Firm in advance of the May 2, 2017 lead plaintiff motion deadline. …
A year ago, candidate Donald Trump proclaimed that, if elected president, he would change the nation’s libel laws to make it easier for people like him to sue those who make false and defamatory statements about them. “One of the things I’m going to do if I win,” he promised, is “to open up our libel laws” so that when people say “purposely negative and horrible and false” things about me “we …