Million

$600 Million HDL Bankruptcy Trustee Lawsuit Casts a Wide Net

The net keeps getter wider as the trustee overseeing the bankruptcy liquidation of Health Diagnostic Laboratory Inc. sues the company’s insiders and top executives along with a wide range of other players. And it appears that even doctors are not going to be off the hook as the bankruptcy case of one of Richmond’s former star startups …


Robbins Geller Defeats Defendants’€™ Motion for Reconsideration in Securities Class Action Against Willbros Group, Inc.

Robbins Geller Defeats Defendants’ Motion for Reconsideration in Securities Class Action Against Willbros Group, Inc. In an order dated September 15, 2016, Judge Keith P. Ellison of the U.S. District Court for the Southern District of Texas denied defendants’ motion for reconsideration of the court’s order denying defendants’ motion to dismiss in a securities class action charging Willbros …



Employees, Customers Blew Whistle Over Wells Fargo Fraudulent Bank Accounts Years Ago – Reports

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 …


Lawsuit Might Be a Bonanza for Merritt, but It’ll Hit the Public in the Wallet

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.


Skully: Failed Motorcycle Helmet Startup Hit With New Lawsuit

The bad news just keeps coming for Skully. The San Francisco startup, bankrupt and awash in controversy, now faces another lawsuit — this time from the manufacturer that produced the high-tech Skully-brand motorcycle helmets. Global electronics manufacturer Flextronics sued Skully on Friday, claiming the defunct startup owes it more than $1 million.


NASCAR Accused of Racial Discrimination in $500 Million Lawsuit

A scene from this year’s Daytona 500 at Daytona International Speedway. Photo by Mike DiNovo/USA TODAY Sports
NASCAR is being sued for $500 million on the grounds of racial discrimination. The racing organization quickly responded, calling the lawsuit “meritless” and threatening to file a countersuit for defamation.


Plaintiffs in Utah File First Lawsuit Against Wells Fargo

The first lawsuit has been filed against Wells Fargo Friday. Three plaintiffs in Utah are suing the bank for fraud, invasion of privacy and breach of contract. This follows the recent news that the bank collected fees on millions of unauthorized accounts.



Judge Awards $4.8 Million to Attorneys Who Settled Defective Washing Machine Lawsuit vs Sears

A federal judge has signed off on a plan to award more than $4.8 million to attorneys who led a decade-long legal action against Sears and Whirlpool over allegedly defective washing machines the retailer sold. On Sept. 13, U.S. Magistrate Judge Mary M. Rowland approved the attorney fees, as the latest step in the execution of a settlement deal intended to end the litigation, launched in 2006 on …