A federal judge granted class-action status to Wal-Mart Stores Inc. shareholders who filed a lawsuit in 2012 alleging the retailer defrauded investors by covering up a bribery scheme in Mexico. In a Fayetteville ruling earlier this week, U.S. District Court Judge Susan Hickey rejected Wal-Mart’s argument that the City of Pontiac General Employees’ Retirement System — a Michigan-based …
After settling with regulators for $185 million over signing up its customers for more than 2 million accounts without their knowledge and subsequently charging them fees, Wells Fargo became the focus of a Senate Banking Committee hearing on Capitol Hill on Tuesday. White-collar criminologist William Black told the Real News that the hard work exposing the bank’s practices was “done by the …
Reading the lawsuit makes your head throb. You don’t ache for the plaintiff, known forevermore as “falsely accused I-10 Freeway Shooter Leslie Merritt Jr.” Instead, you hurt for us, the taxpayers. That’s because someday soon the human wallets who comprise Arizona and Maricopa County’s taxpaying citizenry surely will pay Merritt and his cartel of fancy ambulance chasers a massive jackpot.
Bills running back LeSean McCoy didn’t face criminal charges, but he’s still dealing with the effects of a February bar fight. Two police officers who claim they were injured by McCoy in the altercation have now filed a civil lawsuit. According to John Barr of ESPN.com, the suit was filed Tuesday morning in the Philadelphia Court of Common Pleas, naming McCoy and three other men.
Just when you thought Chipotle Mexican Grill Inc (CMG) might be getting back on track, a politician calls for an investigation into allegations of wage theft by the restaurant. Rosa DeLauro, a Democratic representative from Connecticut, is trying to convince the U.S. Labor Department to investigate Chipotle after a class-action lawsuit was filed in Colorado. The lawsuit claims Chipotle …
The Texas Ethics Commission is backing off a long-running battle to force conservative powerbroker Michael Quinn Sullivan to comply with subpoenas as part of an investigation into his nonprofit’s political activity. Attorney General Ken Paxton’s office, which is representing the commission, told a state district …
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Accuride Corporation (“Accuride” or “the Company”) (NYSE- ACW-News) …
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of …
Alert: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Interactive Intelligence Group Inc.; Is $60.50 a Fair Price? SAN DIEGO, Aug. 31, 2016 /PRNewswire/ — Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into …
Shareholder and consumer rights law firm Schubert Jonckheer & Kolbe LLP has launched an investigation into whether certain officers and directors of Energy Recovery, Inc. (NASDAQ: ERII) breached their fiduciary duties by making false and misleading statements to shareholders and the market. Energy Recovery provides …