Several banks and other financial institutions are alleging the Broomfield-based Noodles & Company failed to take steps to prevent a massive data breach earlier this year. A class-action federal lawsuit was filed Tuesday against the fast-casual chain relating to the breach. Noodles officials warned customers in May that their credit card processor reported unusual activity …
An investor in NASDAQ:CXRX shares filed a lawsuit in New York over alleged violations of Federal Securities Laws by Concordia International. Investors who purchased shares of Concordia International Corp (NASDAQ:CXRX) have certain options and for certain investors are short and strict deadlines running. Deadline: October 14, 2016.
The Shareholders Foundation announced that a deadline is coming up on August 22, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors in NYSE: GNW shares between October 30, 2013 and November 5, 2014. Investors who purchased a significant amount of shares of Genworth Financial Inc (NYSE: GNW) between October 30, 2013 and November 5, 2014, have …
The vast majority of consumers want to know they can seek their day in court if they get in a beef with a bank. That’s the main takeaway of a report last week from the Pew Charitable Trusts, which examined so-called mandatory arbitration clauses in bank contracts. These are the provisions that say you can’t sue or join a class-action lawsuit, and if you want to settle a dispute, you have to …
Some of the fine print on bank account, credit card, and loan forms may soon get a rewrite that restores legal rights millions of Americans unknowingly waive when they swipe a piece of plastic or borrow money. Monday is the deadline for public comment on a federal Consumer Financial Protection Bureau proposal to curb so-called “forced arbitration” clauses — dense language buried deep in the …
The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of The Hain Celestial Group, Inc. (NASDAQ:HAIN) between November 5, 2015 and August 15, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Eastern District …
Megan van Ooyen is a senior associate business operations specialist in the OpRisk Global Data group at SAS in North Carolina It’s been two years since the peak of the regulatory fallout from residential mortgage-backed securities. Since then, regulatory fines and settlements, which tend to result in the largest operational risk losses for financial services firms, have largely settled down. …
While elite colleges and universities may have sizable endowments, pension funds are not in the same state of health, which can lead to difficult positions for institutional spending and personnel management decisions. The University of the Cumberlands is a prime example of financial promises made to a former president to reward years of good service, only to rescind …
The decision by the United States government last month to launch civil action to recover $1 billion in funds, said to have been looted from Malaysia’s state-owned investment fund, 1 Malaysia Development Berhad (1MDB), has compounded pressure on Malaysian Prime Minister Najib Razak to step down. Justice …
A member of one of Saskatchewan’s most prominent business families, and his associate, are facing allegations in a lawsuit including self-dealing, mismanagement, and a scheme to wilfully devalue investments in several retirement communities so they could be bought at a fraction of their real value. The allegations against Darrell Remai and his business associate, Sirous Tosh, are contained in a …