Million

Uber Will Pay $10 Million to Settle Lawsuit Over Driver Background Checks

Uber is on the hook for $10 million after settling a California lawsuit over its misleading statements regarding driver background checks. In 2014, the cities of Los Angeles and San Francisco sued the ride-hailing company for claiming its background checks were the most thorough in the industry. In fact, Uber failed to take drivers’ fingerprints like many taxi companies do.


U.S. Judge Questions Lyft Settlement Over Driver Benefits

A U.S. judge questioned on Thursday whether a proposed class action settlement between Lyft and its California drivers is fair and raised concerns that the $12.25 million payment offered by the ride-hailing service might be too low. The 2013 lawsuit brought against Lyft by California drivers contended they should be classified as employees and therefore entitled to reimbursement …


U.S. Top Court Rejects Wal-Mart, Wells Fargo Class Action Appeals

The U.S. Supreme Court on Monday rejected two corporate challenges in class action cases, refusing to hear bids by Wal-Mart Stores Inc (WMT.N) and Wells Fargo & Co to throw out large judgments against them. Wal-Mart had sought to get rid of a $187 million class action judgment over the retailer’s treatment of workers in Pennsylvania.


Gospel for Asia Charity Facing Allegations of Fraud Totalling Nearly $94 Million

A Canadian missionary organization based in Hamilton is facing allegations that nearly $94 million in charitable donations purportedly sent to India in the past eight years can’t be properly accounted for by either the Indian or Canadian governments. Gospel for Asia Canada’s filings with the Canada Revenue Agency (CRA) show $93.5 million was transferred to India between 2007 and 2014, but …


A Court Ruled That Lyft Drivers, if Employees, Could Be Owed $126 Million

Thomson ReutersMaya Jackson a Lyft driver holds a Lyft Glowstache during a photo opportunity in San Francisco Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 million in expense reimbursements had they been employees rather than contractors, court documents made public on Friday show. Lyft drivers would have …


Collusive Deals With Class Action Lawyers Before the Supreme Court

Class-action lawsuits are commonly settled for things that benefit the lawyers bringing them, not the class of allegedly victimized people they are supposedly suing on behalf of. A classic example is Frank v. Poertner, pending before the Supreme Court. Ripped-off class members asking the Supreme Court to hear their challenge to a class action settlement that awarded class lawyers $5.7 million, …


If Lyft Drivers Were Employees They Would Be Owed $126 Million, Say Court Documents

Michael Grothaus03.21.16 8:27 AM If Lyft drivers were considered employees of the ride-hailing company—rather than independent contractors, as they are currently classified—they would have been paid a total of $126 million more over the last four years, Reuters reports recent court records show. The $126 million figure is related to expense reimbursements Lyft drivers could claim if they were …


Did Hortonworks CEO Take One for the Team?

When Hortonworks CEO Rob Bearden took questions from analysts during the company’s earnings call on Feb. 10, Barclays managing director Raimo Lenschow put him on the spot. Lenschow wanted to know what Hortonworks — the provider of big data crunching Apache Open Source Hadoop — was going to do to stop employee attrition, given how far the value of their stock options had fallen. “Have you …


Home Depot Settles Data Breach Consumer Lawsuit

(Reuters) — Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses and spend at least $6.5 million to fund 1-1/2 years of cardholder identity protection services. Home Depot also agreed to …


After False Start, New GM Ignition Switch Trial Set to Start

NEW YORK (AP) — Weeks after the first New York trial over General Motors’ faulty ignition switch controversy ended prematurely, a new one is set to start. The Manhattan federal court trial that begins on Monday is meant to define legal boundaries that may aid the settlement of hundreds of lawsuits filed after GM revealed that it had continued to sell flawed cars after discovering an ignition …