Loss

l’Oreal Causes Hair Loss? US Class Action Lawsuit Says Product Uses Toxic Substances

A hair relaxer marketed by top notch celebrities from Cynthia Bailey to first lady Michelle Obama is the target of a new U.S. class-action lawsuit amid allegations that the product actually causes hair loss. The L’Oreal product, which promises “fuller, silkier hair” causes “disturbing and distressing injuries including hair loss and breakage as well as scalp irritation, blisters and burns,” …


Tribunal Awards Rusoro More Than $1 Billion in Venezuelan Lawsuit

Canadian gold miner Rusoro Mining Ltd. (TSXV: RML) has been awarded more than $1 billion after a World Bank tribunal said Venezuela unlawfully seized the company’s gold mine, according to news reports and a news release from Rusoro. The company says it was awarded damages of $967.77 million plus interest, taking the total above $1.2 billion. Rusoro says it filed an arbitration request in July …


Black Saturday Distributions Could Start by End of Year

Black Saturday settlement distributions could start by end of year People claiming person injury or dependency may receive about 70 per cent of their loss while those claiming economic or property loss will receive about 30 per cent, a ruling by the Victorian Supreme Court said.File image Distributions from the $494 million class action settlement over the 2009 Black Saturday bushfires in…


Slater &Amp; Gordon Class Action Near Certain

Stuart CondieAAP Slater & Gordon class action near certain Slater and Gordon is “almost certain” to face a class action from shareholders who have seen more than 90 per cent wiped off the value of their investment in the law firm. Rival legal outfit Maurice Blackburn says the near $1 billion loss unveiled on Monday by Slaters was further ammunition for the potential class action it first …