Million

Schoolboy Who Got His Teacher Pregnant Wins £4m Payout After He Sued School Authority

A STUDENT who slept with his teacher and was even in the birthing suite when she delivered their child has been awarded £4 million in damages in California. The former high school student was paid the seven-figure in one of the largest single-victim sex abuse settlements by a public agency after telling the court he felt “physically” ill when reflecting on how his former teacher Laura …


Green Offers £300m for BHS Pension Pot to Avoid Lawsuit

Sir Philip Green is trying to end the threat of legal action against him over the sale of BHS by writing a cheque for more than £300 million that would help to plug a hole in the company’s pension fund. Representatives of the tycoon and the pensions regulator are holding talks on the future of the BHS fund, which is estimated to have a deficit of about £700 million. Yesterday the 22 remaining …


More Money Could Flow From Banksia Class Action

Former Banksia investors could win a further two cents in the dollar in Supreme Court settlement. Richmond Sinnott and Delahunty Accountants is among a number of parties as part of a possible settlement with former Banksia investors. FORMER investors in the failed financial institution Banksia could expect a moderate windfall in the coming months as a $13.25 million Supreme Court settlement …


Feds Must Respond to Lawsuit Claiming IRS “Peeping Toms” Raided Health Records

More than three years ago, a mysterious company filed a mysterious lawsuit against “John Does 1-15” with a pretty outrageous claim. The lawsuit alleged that the IRS raided the company on March 11, 2011, and that agents in the course of an investigation of a former employee stole more than 60 million medical records of more than 10 million Americans. “After being put on notice of the illicit …


TCS Settles Orange County Lawsuit for $26 Mn; Shares Down

India’s largest IT firm Tata Consultancy Services and its US affiliate have paid Orange County, Calfornia, $26 million to settle a lawsuit over what the latter termed as a “failed replacement” to the county’s automated property tax system. “TCS and Orange County have agreed to settle an ongoing dispute regarding the joint development of a Property Tax Management System,” a TCS spokesperson …


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 …


Federal Court Rules Uber’s Driver Pay Settlement Unfair for Drivers • Beacon Transcript

On Thursday, a U.S. District Court in San Francisco rejected a settlement Uber Technologies has reached with thousands of its drivers following a couple of class-action lawsuits as being unfair and unreasonable for drivers. Both sides were ordered to discuss the issue again in private and show up in court Sept. 15. Uber agreed to review its stance, but said that the April …


Settlement Proposed in Shareholder Class Action Against Castlight Health

Attorneys representing plaintiffs in a shareholder class action against health care company Castlight Health fully expect those allegedly wronged to accept a settlement. Details of the settlement against the San Francisco-headquartered company have been revealed, and it includes Castlight paying aggrieved share buyers $9.5 million. Castlight, a health information cloud-based …


How Unique California Law Rescued Uber Class Action – Then Killed $100 Million Settlement

There is one big reason why Uber drivers have been able to pursue class actions against the company in federal court in California: the state’s one-of-a-kind Private Attorney General Act, which allows employees to sue for labor code violation in the name of the state. As a matter of public policy, according to a 2014 decision from the California Supreme Court, companies cannot …


Judge Orders Lawyers Who Won ‘Happy Birthday’ Lawsuit Get $4.62 Million, Too

Last September, federal judge George King ruled that “Happy Birthday to You,” the iconic song sung at children’s parties everywhere daily, was not subject to copyright protection as previously thought. Now free from the grasp of music publishing company Warner Chappell, it’s free to be used by anyone, anywhere, for any purpose, with only a specific arrangement covered by the 1035 copyright …