Filed



Settlement in Lawsuit Over Detroit School Conditions; “Right to Read” Suit Moves Ahead

There was movement Thursday on two federal lawsuits filed over poor learning conditions in Detroit schools. The American Federation of Teachers announced a settlement with the Detroit Public Schools over decrepit building conditions in some schools. The settlement lays out a process for reporting, logging and prioritizing requests for building repairs, as well as timelines for following through.


Judge OKs $4.2 Million Northern Trust Settlement With Michigan Pension Systems

Northern Trust Corp. will pay more than $4.2 million to settle a lawsuit filed by a group that includes two Pontiac, Mich., pension systems over investment losses that occurred during the financial crisis. The Chicago-based financial services firm violated its fiduciary and contractual duties when it “invested its clients’ assets in risky, long-term investments … that plummeted in value,” the …


Supreme Court to Weigh Securities Class Action Timing Question

The U.S. Supreme Court on Friday agreed to resolve a legal dispute over whether certain securities class action lawsuits can be barred because they were filed too late. The justices agreed to hear an appeal filed by the California Public Employees’ Retirement System seeking to revive a lawsuit against various financial institutions over their alleged role …


German Lawsuit Hopes to Follow US Lead on VW Class-Action Settlements

Volkswagen may see its recovery costs from the diesel car emissions scandal climb higher from a potential class-action lawsuit filed in Germany. German lawyers for U.S. law firm Hausfeld have filed the suit for one car owner that’s been designed to follow what’s worked in U.S. courtrooms, according to Jan-Eike Andresen of legal-tech website My-Right.de. The legal portal is supporting these …



Lottery Players Should Get Refund for Rigged Games

Hundreds of thousands of lottery players who were allegedly cheated by an insider’s long-running scheme to rig jackpots should be reimbursed for their losing tickets, according a lawsuit filed Wednesday that seeks class action certification. Lawyers filed the consumer fraud case against the Multi-State Lottery Association, the Iowa-based nonprofit that helps administer games …


Extra Value Meals Aren’t Such a Value

A Des Plaines man has filed a lawsuit against a local McDonald’s franchisee, alleging the restaurant operator engaged in deceptive business practices because “Extra Value Meals” cost more than the items ordered separately. James Gertie claims that Karis Management Co., of Des Plaines, which operates about 10 locations in the area, charges $5.49 for two cheeseburgers, medium fries …


Connecticut Leads 20-State Lawsuit Over Drug Pricing

Six generic drug-makers artificially inflated and manipulated prices to reduce competition for an antibiotic and oral diabetes medication, 20 state attorneys general, led by Connecticut, said in a federal lawsuit filed Thursday. Connecticut Attorney General George Jepsen, whose office began its investigation more than two years ago into suspicious price increases of certain generic medications, …